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Real Estate Agency for Sale in Athens, Greece

Athens-based property management company managing 250 rental properties with recurring revenue and long-term client relationships.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 450 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 20 %
Industries Real Estate Agencies
Locations  Athens
Local Time 7:03 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 280 thousand (Native Currency: EUR 250,000)
Reason: The owner is selling the business in order to focus on other established business activities and str... View More
Includes physical assets worth USD 56 thousand
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Business Overview
• Athens-based property management company specializing in short-term, medium-term, and long-term rental management across Greece.
• Provides end-to-end property management services, including short-term rental management, co-hosting, revenue optimization, guest communication, cleaning coordination, maintenance support, property onboarding, and long-term rental management.
• Manages an active portfolio of approximately 250 properties on behalf of around 250 property owners and investors, primarily in Athens and selected destinations across Greece.
• Generates recurring revenue through property management commissions based on rental income, along with onboarding fees, co-hosting fees, long-term rental management, cleaning coordination, maintenance support, and other value-added property services.
• Serves private property owners, real estate investors, and small accommodation operators seeking professional management of their rental properties without handling day-to-day operations.
• Handles pricing, listing management, reservations, guest communication, check-ins, cleaning, maintenance, reporting, and overall property performance to maximize rental returns for clients.
• The promoter has extensive experience in property management, real estate operations, engineering, and technical services, supported by established businesses in related sectors.
• Has developed long-term relationships with property owners, booking platforms, cleaning teams, maintenance contractors, engineers, legal professionals, and other hospitality service providers.
• Benefits from an established brand, recurring client relationships, operational expertise, strong digital presence, and the ability to provide integrated property, legal, and technical support.
• The business has achieved steady growth through referrals, repeat clients, digital marketing, and strategic partnerships.
• Holds a valid business license.
Products & Services Overview
The business provides full-service short-term, medium-term, and long-term property management, including revenue optimization, guest management, cleaning, maintenance, and co-hosting services. Its clientele comprises private property owners, real estate investors, and small accommodation operators across Greece.
Assets Overview
The proposed transaction may include the following tangible and intangible assets, subject to the final transaction structure and applicable third-party approvals:

Tangible assets:

• Office furniture and equipment worth EUR 15,000.
• Computers, laptops, mobile phones, and other electronic devices used by the business worth EUR 15,000.
• Keys, lockboxes, access devices, and operational equipment relating to the managed properties worth EUR 5,000.
• Cleaning, linen, maintenance, or property-support equipment owned by the company, where applicable, worth EUR 5,000.
• Printed marketing materials, signage, and branded materials worth EUR 5,000.
• Any other company-owned fixed assets listed in the asset register worth EUR 5,000.

Intangible assets:

• The business name, brand, logo, and commercial identity.
• Website, domain names, and website content.
• Business telephone numbers and corporate email accounts.
• Active property management agreements, subject to transferability and owner consent where required.
• Existing relationships with property owners and investors.
• Client database and qualified sales leads, subject to data-protection requirements.
• CRM records and operational databases.
• Standard operating procedures, manuals, templates, checklists, and internal workflows.
• Pricing, revenue-management, guest-communication, onboarding, maintenance, and reporting processes.
• Supplier and contractor relationships, including cleaners, technicians, linen providers, photographers, lawyers, accountants, and engineers.
• Digital marketing assets, advertising accounts, campaigns, and historical performance data.
• Social media pages and business profiles, where transferable.
• Online reputation, customer feedback, and review history, to the extent transferable under the relevant platform rules.
• Property listing content, professional photographs, descriptions, and operational data, subject to ownership and platform permissions.
• Know-how relating to short-term, medium-term, and long-term rental management.
• Historical business records, financial information, management reports, and operating statistics.
• Existing referral relationships and strategic partnerships.
• Goodwill associated with the established business and market presence.
• An agreed transition period and operational support from the current owner.

The managed properties themselves are not owned by the company and are therefore not included in the transaction. The buyer would acquire the management business and the related contracts, relationships, systems, brand assets, and operational infrastructure.
Facilities Overview
The business operates from a leased office in Athens, Greece. The office is approximately 150 square metres and is located on the 1st floor of a commercial building.

The premises are used for administration, reservations management, owner and guest communication, accounting coordination, digital marketing, and operational planning. No warehouse, manufacturing facility, or customer-facing retail space is required.

The property management operations are primarily carried out digitally and at the managed properties through employees and external service providers. The office lease is valid for the next 2 years, with a monthly rent of approximately €800.
Capitalization Overview
The business is presently self-funded through its operating revenue and working capital generated from property management activities. It has no outstanding bank loans, external borrowings, or investor funding.

The company has one shareholder and beneficial owner, who holds 100% of the ownership. . .
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
3 Buyers contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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