MIBS Group
MIBS Group is an Athens-based real estate developer and property manager serving high-net-worth international investors seeking Greek Golden Visa residency through premium, energy-efficient residential developments in Athens, the Athenian Riviera, and Piraeus.
- Company typePrivate
- Founded1975
- HeadquartersAthens, Greece
- Headcount11–50
- GTM typeB2C
- OfferingServices
What MIBS Group does
MIBS Group, legally MS Management S.A., is an Athens-based real estate developer and property manager operating in Greece since 1975. The company develops, sells, and manages residential properties concentrated in three markets: Athens city centre, the Athenian Riviera (Kallithea, Glyfada, Voula), and Piraeus, with a portfolio of more than 20 projects including branded developments such as Riviera Residence IV, Urban Gazi Residence, Glyfada Calliste Residence, and Avra Residence II and III. All residential units are built to energy class A or A+ standards, and the company has specialised expertise in commercial-to-residential conversions, a category that retains the lower €250,000 entry point under the 2024 Greek Golden Visa amendments.
MIBS Group monetises through four streams: (i) one-time development and sale of residential units at price points anchored to Golden Visa thresholds of €250,000, €400,000, or €800,000 depending on property type and location; (ii) ongoing managed property management services including maintenance, utility billing, and rental collection; (iii) recurring rental services for owned or leased units; and (iv) professional-service fees tied to Greek Golden Visa residency advisory and application support, where the company reports a 100% application success rate. Go-to-market is hybrid: a direct corporate website plus a dedicated Mumbai sales office opened in August 2025 serve as the primary sales channels, supplemented by participation in MIPIM Cannes, REXPO and Prodexpo Athens, InvestPro Dubai, Henley & Partners conferences, and the Shanghai International Property and Investment Immigration Exhibition. The company is led by CEO Elena Shiapani and employs 20-49 staff, recognised in 2026 as the 7th best workplace in Greece (20-49 employee category) by Great Place to Work.
The company has no disclosed external funding, no parent company, and no public listing. Its competitive position rests on regulatory expertise in the Greek Golden Visa program, particularly around the €250,000 commercial-to-residential carve-out, brand credentials including Uglobal Top 25 Global Investment Migration Developer (2021) and European Property Awards (2025), and a direct distribution footprint into the Indian, Chinese, Middle Eastern, and African HNWI source markets. The principal market exposures are Greek residential price appreciation (Piraeus growing 39.9% YoY in Q1 2025), Golden Visa policy continuity, and cross-border capital flows from emerging-market HNWI buyers.
MIBS Group firmographics
Firmographics- Name
- MIBS Group
- Legal name
- MS MANAGEMENT S.A. PROVIDING MANAGEMENT ADVICE AND SERVICES
- Website
- https://mibsgroup.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MIBS Group is an Athens-based real estate developer and property manager serving high-net-worth international investors seeking Greek Golden Visa residency through premium, energy-efficient residential developments in Athens, the Athenian Riviera, and Piraeus.
- Ownership category
- akta.pro rank
MIBS Group industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Residential Real Estate Asset Management (BPAJAMAA)
- akta.pro secondary industry
- Real Estate Market Research & Economic Advisory (Demand/Supply, Location Analytics) (BPAJANAD)
Keywords
Where MIBS Group is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
MIBS Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Real Estate Development & Sales: Core revenue stream from development and sale of residential properties including apartments, duplexes, and luxury residences across Athens, Athenian Riviera, and Piraeus. Properties range from studios to multi-bedroom units with prices varying by location and type.
- Property Management Services: Ongoing property management services for residential buildings including maintenance, utility billing, and rental collection services.
- Rental Services: Rental services for privately owned or leased real estate properties, both residential and non-residential.
- Greek Golden Visa Consulting: Comprehensive services supporting international investors through the Greek Golden Visa application process, including property selection, legal support, and residency documentation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Commercial-to-Residential Conversion - €250,000 minimum |
| One time/ perpetual license | Multi-year contract | Listed Buildings Restoration - €250,000 minimum |
| One time/ perpetual license | Multi-year contract | Standard Residential - €800,000 in prime locations |
| One time/ perpetual license | Multi-year contract | Standard Residential - €400,000 in other regions |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels11 records
MIBS Group product offering
Product offeringCore offering
MIBS Group develops, sells, and manages luxury and premium residential real estate across Athens, the Athenian Riviera, and Piraeus, offering apartments, duplexes, and studios in branded projects (e.g., Riviera Residence IV, Urban Gazi Residence, Glyfada Calliste Residence, Avra Residence II/III, Aurora Residence I, Etolikou Seafront). The company also provides property management, rental services, and Greek Golden Visa residency-by-investment consulting for international HNW investors.
Product overview
MIBS Group is a leading Athens-based real estate development and management company offering a comprehensive portfolio of residential developments and services. The company operates across key Athens markets including the Athenian Riviera, Piraeus Port, and city center areas. Their product portfolio includes branded residential developments such as Riviera Residence IV, Urban Gazi Residence, Glyfada Calliste Residence, Avra Residence II & III, and Aurora Residence I, featuring luxury apartments, duplexes, and studios with energy class A+ ratings. Core services encompass real estate investment and development, property sales, property management, and Greek Golden Visa assistance for residency-by-investment programs. The company has been active in the RCBI (Residency by Citizenship Investment) industry since the program's inception with a 100% success rate.
Differentiator
Problem solved
Functional benefit
Products and services
- Riviera Residence IV Luxury apartment complex in Kallithea (Athenian Riviera) featuring 9 modern apartments across 8 floors, including 5 standard apartments and 4 duplex units with sea views; rated Energy Class A+.
- Urban Gazi Residence Seven-storey apartment complex in Gazi with 32 newly built apartments in four typologies (studios, lofts, 2-bedroom, and duplexes), communal swimming pool, and landscaped garden; Energy Class A+.
- Glyfada Calliste Residence Luxury residential complex in Glyfada comprising 9 newly built units across 4 floors with sea views, communal garden, swimming pool, parking, and storage; Energy Class A+.
- Avra Residence II Flagship 10-floor development in Piraeus Port consisting of 28 modern apartments with ergonomics-focused design, natural light, and sea views.
- Avra Residence III Luxury residential development in Piraeus featuring 10 high-end apartments offering an exquisite modern living experience.
- Aurora Residence I Five-floor luxury development in upscale Voula comprising 9 contemporary units, delivering a timeless living experience.
- Etolikou Seafront Iconic seafront redevelopment in the Piraeus Port regeneration zone, positioned as a flagship gateway project between Athens and the Aegean.
- Real Estate Property Investment & Development Comprehensive real estate development services for residential properties across Athens, the Athenian Riviera, and Piraeus.
- Real Estate Sales Property sales services for residential units including apartments, duplexes, and villas.
- Property Management Services Professional property management services for residential buildings including maintenance, rental collection, and utility billing.
- Greek Golden Visa — Residence Permit End-to-end assistance with the Greek Golden Visa residency-by-investment program starting at €250,000 for commercial-to-residential conversions, including property selection and legal/residency support.
Quantifiable outcome
- 100% success rate in Greek Golden Visa applications for clients
- +2 more outcomes
Companies that use MIBS Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
MIBS Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
MIBS Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Enterprise Greece SAcoreEnterprise Greece SA organized the Greek Pavilion at MIPIM 2024 where MIBS Group participated alongside other distinguished Greek companies. This partnership enables MIBS to showcase Greece's investment landscape to global investors at the world's leading real estate event. MIBS has participated in the Greek Pavilion at multiple MIPIM events.
- Henley & PartnersminorMIBS Group was a proud sponsor of the 17th Global Citizenship Conference held by Henley & Partners in Dubai. CEO Elena Shiapani participated in panel discussions on real estate market trends.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
MIBS Group competitors and assessment
Company assessmentBroad incumbents
- Lamda Development: One of Greece's largest real estate developers, anchored by the Ellinikon mega-project in Athens. Highly comparable as a Greek developer operating in the same Athens geography with premium and large-scale residential offerings, though far larger and more diversified than MIBS.
Others
- Henley & Partners: Global leader in investment migration advisory and a partner of MIBS (sponsorship at the 17th Global Citizenship Conference in Dubai). Indirectly comparable as a co-marketer for Golden Visa demand; not a developer but routes eligible buyers to Greek property.
Direct peers
- Dimand SA: Athens-based real estate developer focused on premium mixed-use and residential developments, including large regeneration projects. Closely comparable to MIBS in product category, geography, and target of HNW Greek and international buyers.
- Prodea Investments: One of Greece's largest REICs with diversified residential, office, and logistics exposure across Greece. Comparable in serving Greek real estate investors and operating in Athens markets, though much larger and listed.
- Vouliagmeni Property Collection: Athens Riviera luxury residential real estate brokerage and developer serving international HNW and Golden Visa applicants. Directly comparable in geography, buyer profile, and premium product positioning on the Athenian Riviera.
- Trastor REIT: Greek REIT focused on office and mixed-use assets in Athens. Comparable in operating real estate in the same geography with HNW and institutional clientele, though more weighted to commercial than residential.
- Noval Property REIT: Greek REIT focused on income-producing commercial and residential real estate across Greece. Comparable to MIBS in serving the Athens property market with institutional-grade assets, though structured as a listed REIT rather than a private developer.
Emerging players
- Astons: Investment migration advisory firm covering European residency-by-investment programs including Greece. Adjacent comparable to MIBS as part of the broader Golden Visa value chain generating and routing international HNW buyer leads.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights7 records
Customer concentration
MIBS Group social profiles
Digital presenceMIBS Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MIBS Group leadership team
Management profileNumber of profiles
Profiles1 record
MIBS Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MIBS Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MIBS Group
What does MIBS Group do?
MIBS Group develops, sells, and manages luxury and premium residential real estate across Athens, the Athenian Riviera, and Piraeus, offering apartments, duplexes, and studios in branded projects (e.g., Riviera Residence IV, Urban Gazi Residence, Glyfada Calliste Residence, Avra Residence II/III, Aurora Residence I, Etolikou Seafront). The company also provides property management, rental services, and Greek Golden Visa residency-by-investment consulting for international HNW investors.
Is MIBS Group a public or private company?
MIBS Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MIBS Group founded?
MIBS Group was founded in 1975. It employs 11 to 50 people.
Where is MIBS Group based?
MIBS Group is headquartered in Athens, Greece, in the Europe region.
How does MIBS Group make money?
Four revenue lines are on record. Real Estate Development & Sales are the primary driver. The others are property Management Services, rental Services and greek Golden Visa Consulting.
Who are MIBS Group's main competitors?
Lamda Development is listed as a broad incumbent. Henley & Partners is listed as an others. Direct peers are Dimand SA, Prodea Investments, Vouliagmeni Property Collection, Trastor REIT and Noval Property REIT. Astons is listed as an emerging player.
Does MIBS Group have an API?
No public API is recorded for MIBS Group.
What industry is MIBS Group in?
MIBS Group's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAMAA, Residential Real Estate Asset Management, with a secondary code of BPAJANAD, Real Estate Market Research & Economic Advisory (Demand/Supply, Location Analytics). Its NAICS code is 531311 and its SIC code is 6531.