Trinity Athens: A Boutique Project 180 Metres from the Medical School
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A boutique project of 17 apartments right inside the Athens hospital cluster. The Athens Medical School is 180 metres away and Laiko General Hospital 180 metres. Prices start at EUR 300,000.
Apartment types, current price range and location: see the project page
Trinity is a seven storey building of 17 apartments on Michalakopoulou Street. The apartments run from 30 to 50 square metres and each has its own balcony. The layouts make efficient use of a small footprint and were drawn with one and two person households in mind. Handover is 30 June 2028.
Prices
- Starting price: 300.000 € (GF01, 40.19 m² internal)
- Top price: EUR 500,000 (F01, two bedroom, 51.49 m² internal, 113.18 m² total)
- 17 apartments in total, 4 for sale
- Apartment size: 30 to 50 m² internal, a balcony in every apartment
- Deposit 10%, the balance in quarterly instalments
- Rental guarantee: 3 years at 3%, provided by the developer
- Handover: 30/06/2028, with a six month grace period
- Address: Michalakopoulou 174, Athens 115 27
OIKOS Property Developments is based in Athens and has been in the Greek housing market for more than 15 years. It has offices in Cyprus and China and a wide partner network that includes Turkey.
Why Trinity?
What sets this project apart is how clearly defined its tenant profile is. Trinity sits right inside the hospital and medical cluster of Athens: within a half kilometre radius are the Medical School, Laiko, Ippokrateio, Agia Sophia Children’s Hospital and the Euroclinic. Thousands of doctors, residents and medical students work in this area and most want to live within walking distance. Three ministries and the US Embassy are also within a kilometre, giving a second pool of public sector and diplomatic tenants.
- Athens Medical School: 180 m
- Laiko General Hospital: 180 m
- Ippokrateio General Hospital: 450 m
- Agia Sophia Children’s Hospital: 500 m
- Athens Euroclinic (private): 900 m
- Cityzen Athens Tower business centre: 304 m
- Ministry of Environment and Energy: 1 km
- Embassy of the United States: 1.2 km
Daily life
Ampelokipi is one of the central, long established districts of Athens. It is not touristic; it is where the working population lives. Michalakopoulou Street is wide and well connected, with easy access to the city centre and the ring roads.
Rental yield and tenant profile
This is the clearest tenant profile in the portfolio. Doctors, residents and medical students have steady incomes and stay for long periods. Demand around a hospital is not seasonal; it is constant through the year. The developer also provides a rental guarantee of 3 years at 3%.
Communal areas and specification
- A private balcony in every apartment
- Air conditioning in every room, plus integrated oven, hob and extractor, included on handover
- Floor to ceiling, fully fitted wardrobes
- Bathrooms fully tiled, with a clear glass shower screen
- Laminated internal doors and a laminated security entrance door
Who is buying?
Investors looking for a steady rental yield. A tenant profile this well defined is the most concrete factor in reducing void risk. Not eligible for the Golden Visa.
Total cost: what do you actually pay when buying Trinity?
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 | €300.000 |
| Property transfer tax (3.09%) | €9.270 |
| Notarial fees (1.70%, VAT included) | €5.100 |
| Legal fees and due diligence (1.24%) | €3.720 |
| Land registry (0.70%, VAT included) | €2.100 |
| Fixed items (engineer, E9, power of attorney, postage) | €684 |
| Approximate total | €320.874 |
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
- An off-plan sale. Handover in mid 2028.
- Not eligible for the Golden Visa; even the largest apartment, at 113 m² total, falls below the 120 m² requirement.
- Only 4 apartments are for sale and 9 are reserved, so the choice is narrow.
- One of the highest price per square metre projects in the portfolio.
- The area around a hospital can be noisy, with ambulance traffic.
How does Trinity compare with the alternatives?
- Thermae View offers the same hospital logic in Thessaloniki from EUR 250,000.
- Boulevard is student focused and starts at EUR 260,000, but is further from the centre.
- Oasis is cheaper and offers two bedroom units, with a more general tenant profile.
- If you are aiming for the Golden Visa, Levante Villas is the only eligible project in our portfolio.
We can work out together which project fits your goal, based on your budget, intended use and exit plan. We can send you the floor plans and prices of the four remaining apartments.
