Mercan Keranis Residences, Greece

• Location: Piraeus, Athens
• Rental Returns: 10 Years 3% Per Year (€7,500)
• Opening: End of 2027
• Eligibility: Greece Golden Visa (5 yrs)
• Available: 408 units

Keranis Residency is a Largest Mixed-use Project (29,900 sqm and 408 units) in Piraeus. It is a property converted from commercial to residential fully eligible for Golden visa permit in Greece. The project involves the conversion of the former Keranis factory into modern residential
units, transforming a long-unused structure into a thriving urban living space.

This is a Project by Mercan Group (award winning developer known for global hospitality brands), just 20 minutes from Athens city center, eligible for Greek golden visa. Fully furnished residential apartments comes with furniture, rental management and no maintenance. Piraeus Part of the Attica District Urbanistic and Cinematography Municipality.

Key Benefits

• Minimum: Available from 250,000 (Residential units from 44sqm to 69 sqm.)
• Full Title deed (freehold property)
• Fully furnished residential apartments
• Property comes with furniture
• Full rental management
• No maintenance fee.
• Full Legal assistance

Stable Returns

This financial model offers a robust combination of short-term income and long-term capital growth not-dependent on occupancy rates.

• 3% Annual Return Guaranteed
• Capital Appreciation of 4%-7% annual estimation*
• Property Management: This exclusive agreement ensures secure and attractive returns for investors, along with long-term potential for capital
  appreciation, through specialized management of the building.

*CAPITAL APPRECIATION: This investment offers 4%-7% annual appreciation, proven by Greece’s Residential Price Index since 1997. At a conservative 5% annual appreciation and 3.5% inflation rate, capital
appreciation reaches 107.1% in 10 years, 178.6% in 20 years, and 353.8% in 30 years

Development

• A Connected Urban Hub – Direct access to Piraeus’s port, Athens
  city center, and the Riviera via highway, metro, train, tram, and bus.
• Luxury & Convenience – A landmark property that combines
  premium living with seamless urban access.
• A Thriving Residential Hub – Meeting the demand for modern
  homes with high-end facilities and services.
• Integrated Urban Living – Blending business, education, culture,
  and sports facilities in a dynamic, fast-growing area.

Rental Taxes

In Greece, the income tax rate is 15% on annual income up to €12,000. Fo example, if client has a gross Income of €7,500 per year (3% of €250,000), the Income Tax (until 2026) that he will pay will be €1,125 (15% of €7,500)