Residential Real Estate Construction Company Investment Opportunity in Glyfada, Greece
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.6 million |
Run Rate Sales | USD 2.6 million |
EBITDA Margin | 20 % |
Industries | Residential Real Estate Construction |
Locations | Glyfada |
Local Time | 6:08 PM Europe / Athens |
Listed By | Business Owner / Director |
Status | Active |
- We are a 2-year old real estate development company that was created as a subsidiary of the parent construction company which has 10+ years of operations in the market.
- The subsidiary was created to meet the demand for luxury-greatly designed apartments on the Athenian Riviera.
- We mainly focus on the suburbs of Glyfada and Voula, the most prestigious of Athens.
- The revenue has seen high growth rate as there is a 10%-15% annual increase in apartment prices witnessed for the last 3 years and at least a 10% annual increase is projected each year until 2027.
- Currently, we have 2 residential projects in hand and are in talks to get another project by the end of this month.
- We have clients from Central Europe, Egypt, the US, Canada, and Asia.
- We have a well-established reputation in the prestigious real estate market of the Athenian Riviera Glyfada/ Voula, which gives us the ability to sell our properties at the early design phase.
- We differentiate ourselves by incorporating environmentally friendly technologies and technologies that enable energy management and sustainable energy production by the building itself.
- Business is debt free and run by 2 owners, one owns 90% stake in the company and the other holds 10% stake in the company.
- Development of small residential projects covering 4-5 apartments each.
- Legal services/ golden visa procedure supported to our clients, for them to attain an EU Visa through buying one of our apartments.
- Plan on offering property management and concierge services in the future.
2 plots, 1 apartments, custom CRM system, custom management and communication system.
Our office is in Glyfada approximately 250 sq. meter. We pay a monthly rent of EUR 2,200.
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Earlier than 15 daysInvestment Head, Compass Capital, Cairo, Private Equity Firm connected with the Business
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Earlier than 15 daysSenior Manager, Project Management, Kifisia, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Construction & Real Estate, Navi Mumbai, Individual Investor / Buyer connected with the Business