(+30) 695 861 5414
ys@hiveathenscenter.com avs@hiveathenscenter.com
256 Lenorman
10443 Athens, Greece
Mon - Sat : 9AM - 6PM
Opening Time
Welcome to HIVE
HIVE is a Real Estate Services and Construction company that offers to locate, analyze, develop, construct and manage set of BtMR Apartment Blocks (BtMR = Built to Manage & Rent)
HIVE ATHENS CENTER
The main idea of HIVE Athens Center development project is to acquire plots of land and/or old buildings in the central Athen’s neighborhoods and build them into purpose-built small to medium rental units to accommodate working and middle people or small families.
THE AREA
The area of focus involves a substantial part of Athens Center between Omonia square and Patisia metro station, covering an area of about 5 sq km.
It is a densely populated and built area, with buildings averaging 70 years old. Although the region has seen much better days, it is now in decrepit condition and home to the immigrant population of Athens.
This has driven prices down, and we estimate an average cost of Land acquisition of 350eur/sqm
We estimate that the area has about 5 million sqm and about 250,000 of them are on offer.
BUILDING IN ATHENS
Building in central Athens is totally regulated and under a solid and stable legal framework. Building permits are issued electronically and automatically through the Government’s relevant website.
The average coefficient for buildings in the Area is 3.7, which means that an average Land Plot of 200 sqm allows for almost 750 sqm of built space.
We plan to build three sizes of apartment: give or take 30, 55 and 75 sqm each.
THE CONSTRUCTION
HIVE constructs either steel frame buildings or prefabricated buildings.
The structural steel frame is a long-lasting, cost-effective, and ecologically-friendly construction method for low-rise, mid-rise, and high-rise structures. It typically refers to building frame systems in which the vertical and horizontal structural components are made of a system of structural steel beams and columns. The available forms and sizes allow architects almost limitless possibilities.
The prefabricated method of construction, when applied in a large scale, secures not only shorter delivery time, but also highly acceptable standards from the Building Code and an extra 5% on the allowance in sqm due to the mode of construction (Dry Building), while enjoying rock-bottom construction prices and the highest possible quality of prefab building available.
THE FUNCTIONAL UNIT
Once each building is finished, we will offer four main types of Rental Agreements:
- Long term Lease (3-10yrs)
- Long term Lease with seasonality option (x months occupancy and the remaining for re-let)
- Short term Lease (1-12 months)
- Short Stay (Airbnb type)
Each unit/apartment will be fully furnished and will have a locally based Hostess, who will function as Concierge, Maid and Service person for the whole building. Additional services will be offered as an option.
Apart from space, the Lease agreement will offer a number of included services and some over and above the offered services.
Each building will have a laundry and ironing room, HV charging stations, garage, storage rooms, and various other amenities.
Each building will have identical architectural and interior design, as well as uniform furniture and appliances for economies of scale.
THE FUNCTIONAL FRAMEWORK
- Each Land and Block of apartments are bought and owned 100% by the Investor. The same applies with the Cost of Building, which is borne by the Investor.
- Hive undertakes on behalf of the Investor, to:
- Find suitable Land Plots
- Finalize the purchase
- Issuance of all required Permits
- Design and execution of the Construction
- Manage and oversee the Properties
- Rent out and organize the Apartments
- Oversee and pay the employees that serve the Buildings
- Negotiate and implement all commercial Agreements with Suppliers and Authorities
- Oversee any Banking and Loan agreement as needed
- Take all necessary actions to ensure the top notch maintenance of your properties and investments
- All of the above services offered by Hive, will be included in a Master-Management Agreement between the Investor and Hive.
The Team
Together
Our team combines expertise, passion, and creativity to solve the toughest challenges by always thinking out-of-the-box. With a diverse blend of backgrounds and skills, we’re dedicated to delivering excellence in everything we do.
Together, we innovate, inspire, and drive success, making a meaningful impact in our field.
COMMITEMENT TO SUSTAINABILITY
1. Green Practices
Implementing eco-friendly and sustainable practices in all our architectural and management endeavors.
2. Environmental Impact
Minimizing the environmental impact of our constructions through innovative green technologies.
3. Community Engagement
Actively engaging with communities to develop sustainable and socially responsible projects.
Contact Us
HIVE ATHENS CENTER
256 Lenorman, 10443 Athens, Greece
Tel: (+30) 695 861 5414 – (+30) 698 101 4500
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