Ocean Gate Building

Ocean Gate Building is a premium apartment project located at Thermopilon 53, Piraeus 185 45, in the port city of Piraeus, Attica region, Greece. The Ocean Gate project is developed by Goldally Investment, one of the leading reputable real estate developers in Athens with many successfully delivered projects such as The Newcastle Building, The Apollo II Project, and Aqua Marina.

Strategic Location of Ocean Gate Building in Piraeus

Piraeus is the third-largest city in Greece, home to the nation's largest seaport and one of the top ports in Europe. It is a hub for shipping, logistics, and international trade, located just 8 km from the centre of Athens, with direct connections via Metro lines 1 and 3.

With a population of over 160,000, Piraeus is in a phase of strong urban regeneration, attracting major international corporations such as COSCO, MSC, and Maersk to establish headquarters. Real estate prices in this area have increased by an average of 35% over the last 5 years, demonstrating the long-term growth potential of Piraeus in general and the Ocean Gate project in particular.

Ocean Gate Building is just 500 metres from the port of Piraeus, located right in the busiest economic centre of the city. From the location of Ocean Gate, residents can easily travel by boat to famous Greek islands such as Santorini, Mykonos, and Crete in just 4–8 hours.

Scale and Design of Ocean Gate Building

The Ocean Gate building was constructed in 1976, originally as a 5-storey warehouse. The project will be comprehensively renovated into a modern apartment building consisting of 20 self-contained apartments, distributed over 5 floors.

The ground floor of Ocean Gate features 4 special apartments with mezzanines, some of which have private gardens and independent entrances. From the 2nd to the 5th floor, each floor features 4 one-bedroom apartments, all with balconies. The building retains its original eastern main entrance, which has been renovated into a modern lobby with a brand-new lift.

The exterior design of Ocean Gate Building features a minimalist modern style: the ground floor is painted dark grey, while the upper floors are in light beige combined with white, with windows and railings using dark grey aluminium frames with clear glass. The three pavements on the East, South, and West sides have been fully upgraded with walkways, paving, and tactile paving for the visually impaired according to new urban standards.

Interior Standards and Handover at Ocean Gate

Each apartment at Ocean Gate Building is delivered fully fitted with furniture and electrical appliances, meeting the standard for immediate occupancy. Furniture includes a sofa, double bed, mattress, pillows, bed linen, towels, blankets, wardrobes, bedside tables, dining table, chairs, mirrors, and decorative paintings. Kitchen appliances include an induction hob, oven, extractor hood, refrigerator, kettle, coffee machine, toaster, plates, cups, cutlery, pots, and pans. Other electrical appliances include a washing machine, TV, air conditioning, and water heater.

The bathrooms at Ocean Gate feature a European minimalist style, using sanitary ware from leading brands such as Grohe and Villeroy & Boch, with walls and floors tiled with anti-slip stone, and a walk-in shower area with tempered glass. The entire electrical, water, lighting, and fire protection system has been newly installed. Windows and balcony doors use double-glazed glass for thermal insulation, noise reduction, and energy efficiency according to EU standards. All construction materials, equipment, and furniture in the Ocean Gate project meet European Union technical standards, with manufacturer warranties and quality certifications.

Price List and Apartment Types at Ocean Gate Building

Ocean Gate Building features 7 apartment types with floor areas ranging from 46.30 m² to 103.50 m² and prices from €275,000 to €297,000. Among these, the ground floor unit I1 (1 bedroom + mezzanine, 74.20 m²) priced at €275,000, unit I2 (2 bedrooms + mezzanine, 103.50 m²) priced at €294,000, and unit I3 (3 bedrooms + mezzanine, 94 m²) priced at €295,000 are the three largest units due to their mezzanine structure. Units from the 2nd to the 5th floor of Ocean Gate have a legal floor area of approximately 40 m², plus balconies ranging from 6 to 16 m².

Investment and Rental Potential at Ocean Gate

Ocean Gate Building offers a 3-year rental guarantee for 2nd–5th floor apartments and a 4-year guarantee for ground floor apartments, with building management fees waived throughout the guarantee period. Piraeus is the capital of the shipping industry, cruise tourism, and maritime education, with high and stable rental demand from foreign professionals, students, sailors, and international business people. The potential tenant pool for Ocean Gate is diverse: students from the University of Piraeus, office staff at Piraeus Tower, maritime port personnel, and international tourists.

Real estate in Greece is freehold, becoming a legacy asset for future generations. Ocean Gate Building is not only a profitable investment but also a long-term valuable asset due to its irreplaceable location right next to the port of Piraeus.

Ocean Gate Building and the Greece Golden Visa Programme

The Ocean Gate project is located in Piraeus, an area that falls under the lowest investment threshold of €250,000 for the Greece Golden Visa programme, whereas central Athens, Thessaloniki, and tourist islands have increased to €800,000 as of September 2024.

By owning an apartment at Ocean Gate, investors and their families will be granted unlimited residence rights in Greece, freedom of movement across 29 Schengen countries, free access to public education and healthcare systems, and eligibility for citizenship after 7 years of residence. The Golden Visa application process can be initiated remotely, with residence rights granted within approximately 12–15 months.

Amenities Surrounding Ocean Gate Building

Amenities surrounding the Ocean Gate project are abundant. The port of Piraeus is 500 metres away, supermarkets and bakeries are 180 metres away, cafes and restaurants are 160–300 metres away, and a pharmacy is 450 metres away. Regarding education, a kindergarten is 300 metres from Ocean Gate, primary and secondary schools are 600–700 metres away, and the University of Piraeus is 2.5 km away. Regarding healthcare, Tzanio public hospital is 3 km away, and Metropolitan private hospital is 4 km away.

The area around Ocean Gate Building also features Zeas marina 2.5 km away, Piraeus Municipal Theatre 2.5 km away, Piraeus Tower 2 km away, the National Cultural Centre 6 km away, Mikrolimano marina 4 km away, and the Acropolis 12.5 km away. The metro system provides a direct connection from Ocean Gate to the Acropolis, Syntagma Square, and Athens International Airport in 42 minutes.

Payment and Handover Information for Ocean Gate Building

The Ocean Gate Building project is scheduled for payment after 15 February 2026 and handover after June 2028. All 20 apartments are currently for sale, with payments made to the company account. The developer, Goldally Investment, guarantees construction quality and on-schedule handover, based on their reputation from previously completed projects in the Attica region.