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This scheme is sold out. The developer has no apartments left for sale. The prices and apartment details in this article refer to the sales period.
A project of 47 apartments in Piraeus, one of the largest ports in the Mediterranean. No apartments remain available; every unit has been sold or reserved.
For prices, taxes and the whole buying process, see our guide: Greece Property Guide
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
- Sales status: sold out (18 September 2026)
- 47 apartments in total, none available
- 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. However, the project has sold out. Because it converts an existing building into housing, it falls into the €250,000 Golden Visa tier, which has no minimum floor area.
Total cost: what do you actually pay when buying Meridia?
Greece has no stamp duty. Because these projects convert existing buildings, the 24% VAT charged on new construction does not apply either; the buyer pays 3.09% property transfer tax instead. The table below is indicative, based on the project’s last 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.
What to Check Before You Decide
- No apartments remain available; we can let you know if a reservation falls through.
- An off-plan sale; construction has not started and handover is at the end of 2027.
- Golden Visa eligibility rests on the conversion tier; before applying, the current rules and the scheme’s own eligibility have to be confirmed with your Greek lawyer.
- 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 from a similar price and have apartments available.
- Boulevard starts from €320,000, is near the universities and has 6 apartments available.
- An alternative for anyone who wants a detached villa and more than 120 square metres: Levante Villas
We can work out together which project suits your goal, based on your budget, intended use and exit plan. We can let you know if a reservation falls through and send you similar projects in the meantime.
Answers to the most common questions on this topic: Is It Worth Buying Property in Piraeus?
