Residential complex MELISSIA OXYGEN

Bel Air Residences are located in Elliniko, an upscale suburb, situated the enchanting Athenian riviera. The area is being transformed by an ongoing €8 Βillion pioneering project for Athens, with great emphasis on the creation of a world-class metropolitan park, as well as the enhancement of the coastal front, fully accessible to the public.

Tranio's exclusive PLAP project in the centre of the Greek capital — rental income without the hassle of management. This opportunity is limited, with only two units remaining. Kato Patisia is a highly desirable area in central Athens. Thanks to its well-developed infrastructure and close proximity to the city centre, universities, and international company offices, it appeals to a diverse range of tenants: families, expats, and locals working in the capital. Everything you need is conveniently nearby, including shops, schools, hospitals, and cafés, with major attractions just a 10 minute drive away. This new building near a green square and a metro station is a unique opportunity for Athens. It includes an elevator and parking. It is the only new construction near a metro station offering long-term rental options; similar developments are located 1.5 to 2 times further from the metro. The windows overlook a landscaped area designed for relaxation and strolls, ensuring peace and quiet away from traffic noise — a rarity for Athens with its narrow and densely built streets. There are two units available with different layouts. The third-floor apartments, featuring one or two bedrooms, come with complete finishing, plumbing, and fitted kitchens. Tranio's one-stop service. You don't need to worry about property management or finding — the Tranio team will handle it all for you. We can also assist with furniture purchases for your apartment, and there's an option to complete the transaction remotely through a lawyer. High investment potential. The project's yield forecast is 4% per annum (realistic) and 6% (optimistic). Based on a realistic forecast, investors can expect profits of 30.2% and 30.7% over five years, varying slightly depending on the unit. Furthermore, the Athens property market is witnessing growth driven by foreign investment, tourism, and economic recovery with housing prices predicted to rise by an average of 4-8% annually. Advantages You can purchase property remotely with a lawyer, you do not need to fly to Greece. Tranio team will help to find tenants and deals with all household issues. Repair warranty - 2 years. Infrastructure Within walking distance from the building there are supermarkets, hospitals, schools and kindergartens, cafes and restaurants. Location and nearby infrastructure The building is located north of the historic center in the area of Kato Patisia. This is a densely populated area with developed infrastructure, popular among Greeks and expats. The main advantage of the location is the green area in front of the house. The balconies of the apartments overlook the park. There will be no cars under the windows: the road leading to the house is pedestrian. 300 meters from the house, Acharnon Street is the central avenue of the district with cafes, restaurants and shops. Metro station 4 minutes walk away. Monastiraki is a 10-minute drive away. A 15-minute walk is the Grava School Complex, where 24 educational institutions of all levels are located. This is one of the largest complexes in Greece.

Traversed by tram line that connects it to Athens center and the riviera, Nea Smirni is developed around its popular square, providing an amazing selection of options for entertainment, sports, dining and shopping! Nea Smirni is one of the most vibrant residential suburbs and the 7 apartments in Santa Barbara Residences mark your new home in Athens!