In the Heart of Athens

No. An Airbnb listing is usually an ordinary flat rented out short-term by its owner, registered in the AMA short-term-rental registry. A serviced apartment sits inside a building with a staffed operation and, in Urban City 44’s case, a tourist-accommodation licence — a different legal instrument. That distinction matters a great deal in central Athens right now, because new AMA registrations are frozen in districts 1–3 until the end of 2026.

Yes. Buying a unit at Urban City 44 gives you an apartment inside a professionally operated, licensed building. You own the asset; the building’s operation handles the guests, the cleaning, the maintenance and the compliance. Speak to us about the current terms — we would rather set out the actual numbers for your specific unit than quote a headline yield.

We are not going to give you a number on a web page. Returns depend on the unit type, the floor, the season, the operating model and the costs, and any figure quoted without those inputs is marketing rather than analysis. Ask us for the projections on the specific apartment you are considering, and read our investment and returns page for the market context. Yields are never guaranteed.

Yes. There is no general restriction on foreign ownership of Greek property. You will need a Greek tax number (AFM) and a Greek bank account, and the purchase is executed before a notary. Much of the process can be handled remotely by a Greek lawyer under a power of attorney. Our step-by-step guide walks through it.

Yes. The apartments are delivered fully furnished and equipped, in a building with concierge, gym, pool, coworking space and 24/7 security. Many owners use their apartment when they are in Athens and return it to the programme when they are not.