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Residential Real Estate Construction Company Investment Opportunity in Glyfada, Greece

Real estate development company in the Athenian Riviera for residencies with great design and architecture.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 2.1 million for 49.0% stake (Native Currency: EUR 2,000,000)
Reason: Funds are required to provide cash inflow in order to increase expansion of the company and to buy e... View More
Includes physical assets worth USD 2.1 million
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Business Overview

- 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.

Products & Services Overview

- 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.

Assets Overview

2 plots, 1 apartments, custom CRM system, custom management and communication system.

Facilities Overview

Our office is in Glyfada approximately 250 sq. meter. We pay a monthly rent of EUR 2,200.

Capitalization Overview
Not Disclosed
Recent Activity
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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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