Marousi
N3 Residences
Residential Development
A project focused on efficient home design, build quality, and alignment with current residential demand and investor goals.
19 Units | 2034 sqm | 2028 Completion
Under Construction
Development Overview
Asset Type: Residential
Location: Marousi
Status: Under Construction
Units: 19
Area: 2034 sqm
Unit Sizes: 50 - 175 sqm
Energy Class: A
Completion: 2028
Strategy: Units Available for Sale
Role: Development Management
Funding: Private
Located in Marousi, it benefits from proximity to major business hubs, daily amenities, and strong connectivity across Athens.
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The project is positioned to meet consistent end-user demand within a well-established residential area, combining accessibility, quality, and long-term usability.
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The development is structured through detailed feasibility and financial modelling, ensuring disciplined cost control and informed market positioning.
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Execution aligns investment strategy and timeline with defined investor objectives.
Project Overview
The development comprises one, two, and three-bedroom apartments,
Unit sizes range from 50 to 175 sqm.
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The building is arranged across seven levels and served by two vertical cores, each with a staircase and elevator serving limited units per floor, enhancing privacy and circulation.
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The unit mix is designed to accommodate a range of residential needs, from primary residences to investment-oriented ownership.
The project prioritises natural light, privacy, and efficient layouts, with a focus on long-term quality and functionality.
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Designed to meet modern energy performance standards, with construction specifications aligned to durability and build quality.
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Large private balconies and outdoor spaces
Parking and storage
Floorplans
The development offers a range of apartment types designed to accommodate different residential needs, from efficient everyday living to larger, more private configurations.
Typical Apartments | 92–97 sqm
94 sqm | 2 Bedrooms | 2 Bathrooms | Generous Balconies | 1 Parking Space | Storage
Larger Apartments | 130 sqm
130 sqm | 3 Bedrooms | 2 Bathrooms + WC | Generous Balconies | 1 Parking Space | Storage
Penthouse | Duplex Apartment
Fifth Floor
3 Bedrooms | 2 Bathrooms | 1 WC + Outdoor WC & Shower
Apartment Area: 173 sqm
Balcony Area: 131 sqm
Private Pool: 13 sqm
Storage: 14 sqm
Parking: 2 spaces
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Duplex layout with main living areas and master bedroom on the upper level, and additional bedrooms on the lower level.
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Extensive outdoor spaces include a private pool and dedicated outdoor shower and WC facilities.
Fourth Floor
Investment Overview
Funding: Private
Capital: Fully Commited
Structure: 50% Equity / 50% Debt
Financing: Secured Bank Facility
Strategy: Unit Sales
Pricing: Market-Aligned
Approach:
- Conservative assumptions
- Defined execution timeline
- Active cost monitoring
The project is structured with a focus on disciplined cost control, market-aligned pricing, and efficient unit configuration.
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Financial projections are based on conservative assumptions across construction costs, absorption rates, and end-user demand.
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The developmentis privately funded, with capital fully committed and deployed in stages throughout the project lifecycle, supported by structured financial planning.
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Investment strategy, timing, and execution are aligned with defined risk parameters and investor objectives.