Meridia Residences Piraeus: 1.4 km from the Port, Handover December 2027
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A project of 47 apartments in Piraeus, one of the largest ports in the Mediterranean. 37 of the 47 have sold; a single apartment remains available, at EUR 250,000.
Apartment types, current price range and location: see the project page
Meridia Residences consists of 47 apartments over five floors. They run from 37 to 57 square metres in one and two bedroom layouts. Generous balconies and an open plan interior give a sense of space in a small footprint, and the ground floor apartments look onto a private internal garden. Construction starts in the last quarter of 2026 and handover is 31 December 2027.
Prices
- The only available apartment: 250.000 € (GF06, 40.86 m² internal, 52.74 m² total)
- 47 apartments in total, 1 for sale, 37 sold and 6 reserved
- Apartment types: one and two bedroom, 37 to 57 m²
- Deposit 10%, the balance in quarterly instalments
- Rental guarantee: 5 years at 3%, the longest guarantee in the portfolio
- Construction starts: fourth quarter of 2026
- Handover: 31/12/2027, with a six month grace period
- Address: Chrisostomou Smirnis 32, Piraeus 185 40
OIKOS Property Developments is based in Athens with more than 15 years of experience. It is also delivering the Best Western branded Sokio Piraeus hotel project in Piraeus, so its presence in the area is not limited to a single scheme.
Why Meridia?
Piraeus is more than the gateway to the islands; it is a city with a character of its own. The growth of the port, the expansion of cruise tourism and the extension of the metro have moved the area into one of its busiest periods in decades. A large regeneration scheme of more than 600 homes and 250 serviced apartments is under way close to Meridia. Two further serviced apartment and hotel projects are within walking distance, one of them 150 to 200 metres away. That density feeds housing demand in the surrounding streets directly.
- Port of Piraeus: 1.4 km
- Piraeus Metro Station: 1.4 km
- Piraeus Railway Station: 1.2 km
- Bus stop: 350 m
- International School of Piraeus: 1.1 km
- Acropolis and Acropolis Museum: 7 km
- Athens International Airport: 32 km
Daily life
Piraeus holds its maritime heritage and modern city life together. Neoclassical buildings stand alongside contemporary ones, and the neighbourhoods running from the scenic hills of Kastella to the marina at Mikrolimano carry a cosmopolitan character. Museums, theatres and a growing number of cafes and restaurants make the city a destination in its own right, for business and for pleasure.
Rental yield and tenant profile
The tenant profile is people working in the port and the maritime sector, cruise crew and families around the International School of Piraeus. The developer provides a rental guarantee of 5 years at 3% . This is the longest guarantee period in the portfolio and makes cash flow predictable for five years on an off-plan purchase.
Communal areas and specification
- Ground floor apartments overlook a private internal garden
- Generous balconies and an open plan interior
- Air conditioning in every room, plus integrated oven, hob and extractor, included on handover
- Floor to ceiling, fully fitted wardrobes
- Bathrooms fully tiled, with an acrylic anti-slip shower tray
Who is buying?
Investors who value a fixed five year return. The stock is almost gone, however; one apartment remains. Not eligible for the Golden Visa.
Total cost: what do you actually pay when buying Meridia?
Greece has no stamp duty. Because these projects convert existing buildings, the 24% VAT that applies to new construction does not arise either; the buyer pays the 3.09% transfer tax instead. The table below is indicative, based on the starting price.
| Item | Amount |
|---|---|
| Property price | €250.000 |
| Property transfer tax (3.09%) | €7.725 |
| Notarial fees (1.70%, VAT included) | €4.250 |
| Legal fees and due diligence (1.24%) | €3.100 |
| Land registry (0.70%, VAT included) | €1.750 |
| Fixed items (engineer, E9, power of attorney, postage) | €684 |
| Approximate total | €267.509 |
If you will apply for a residence permit, state fees, the permit card and health insurance are calculated separately. For your own scenario you can use our Greece purchase cost calculator .
Risks and what to watch for
- Only one apartment is for sale, so there is little time to decide.
- An off-plan sale; construction has not started and handover is at the end of 2027.
- Not eligible for the Golden Visa; the Attica threshold is EUR 800,000 with a 120 m² requirement.
- A port area can mean noise and heavy traffic.
- The rental guarantee ends after five years; the yield after that depends on the market.
How does Meridia compare with the alternatives?
- Oasis and Thermae View start at the same price and have far more stock available.
- Boulevard starts at EUR 260,000, sits near two universities and has 11 apartments available.
- Trinity is more central with a clearer tenant profile, starting at EUR 300,000.
- If you are aiming for the Golden Visa, Levante Villas is the only eligible option.
We can work out together which project fits your goal, based on your budget, intended use and exit plan. We can confirm the status of the single remaining apartment and come back to you the same day.
