ZOIA

What ZOIA does

ZOIA is a privately held Greek real estate investment and development company headquartered in Athens, Greece, that specializes in acquiring undervalued properties — primarily in Athens and Piraeus — and renovating them into modern residential, commercial, and hospitality assets. The company operates two main brands: the parent ZOIA entity (focused on property acquisition, development, and long-term leasing) and the ZOIA Living sub-brand (offering furnished apartment rentals for short and medium-term stays via the zoialiving.com platform). ZOIA does not use proprietary technology; it is a traditional brick-and-mortar real estate operator whose "product" is the physical renovation and repositioning of urban real estate. Its portfolio comprises approximately 19 buildings across prime Athens neighborhoods including Kolonaki, Exarchia, Piraeus, Gazi, Koukaki, and the historic center, with notable projects such as Sapfous (a 24-unit micro-apartment conversion awarded at the 10th Biennale of Young Greek Architects), Spaces Theanous (a co-working facility operated by IWG), Amalias 40 (a LEED-certified 3,187 sqm office building leased to Netcompany-Intrasoft), The Met (a Bauhaus-era renovation), and a growing pipeline of hospitality conversions on Aiolou pedestrian avenue and in Kastella/Piraeus.

ZOIA's business model combines three recurring revenue streams — property development and renovation sales, short- and medium-term furnished rentals (ZOIA Living), and commercial office/retail leasing — with the recurring rental streams classified as subscription-style income in source data. The company sells and leases directly to end customers (individual renters, short-stay guests, commercial tenants, and investors) through its corporate website, a dedicated Athens office, the ZOIA Living e-commerce platform, and direct outreach. It is backed by the Israeli Zoia Fund, which manages approximately €2.2 billion across more than 20,000 properties in six countries (USA, Spain, Poland, Germany, Israel, Greece), though the precise corporate ownership linkage between ZOIA MANAGEMENT GREECE M.I.K.E. and the Israeli fund is not explicitly disclosed. ZOIA's headcount of 11–50 employees and its small-scale domestic footprint relative to the parent fund's international scale suggest ZOIA is a focused Athenian operating vehicle rather than a direct extension of the full fund portfolio.

The company's customer base spans individual professionals, students, and travelers (short/medium-term furnished rentals), commercial tenants such as Netcompany-Intrasoft (office leasing), and property investors (asset acquisition), reflecting a horizontal segmentation approach across both B2C and B2B segments.

Name

ZOIA

Legal name

ZOIA MANAGEMENT GREECE Μ.Ι.Κ.Ε.

Website

https://zoia.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

ZOIA is a privately held Greek real estate developer that acquires and renovates undervalued properties in Athens and Piraeus, delivering residential apartments, commercial offices, and furnished short-term rentals through its ZOIA Living platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Paphos

HQ country

Cyprus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Development and Renovation: Acquiring undervalued properties, renovating and transforming them into modern residential and commercial spaces, then renting or selling them.
2. Short-term and Medium-term Rentals (ZOIA Living): Furnished apartment rentals through ZOIA Living brand for short and medium-term stays.
3. Commercial Leasing: Office and retail space leasing from their commercial property portfolio in Athens.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

ZOIA is a Greek real estate investment and development company that acquires undervalued properties in central Athens and Piraeus neighborhoods, renovates and transforms them into modern residential, commercial, and hospitality assets, and monetizes them through long-term leasing, short- and medium-term furnished rentals (via the ZOIA Living sub-brand), and selective sales. The company manages a portfolio of approximately 19 buildings across prime Athens locations, supported by a direct-to-tenant distribution model.

Product overview

ZOIA is a Greek real estate investment and development company specializing in identifying undervalued properties and transforming them into desirable residential and commercial spaces. The company operates through two main brands: ZOIA (parent company focused on property development and investment) and ZOIA Living (furnished apartment rental service). Their portfolio includes multiple property types across Athens and Piraeus: residential apartment buildings in neighborhoods like Kallithea, Lycabettus Hill, Exarchia, Kolonaki, Koukaki, and Zografou; commercial office developments in prime CBD locations; and hospitality/conversion projects including urban hotels and co-working spaces. Notable projects include Sapfous (24 micro-apartments awarded at the 10th Biennale of Young Greek Architects), Spaces Theanous (IWG co-working partnership), The Met (Bauhaus heritage building), and Amalias 40 (LEED-certified office building). ZOIA also maintains a properties under development pipeline including the Epikourou commercial project.

Differentiator

Problem solved

Functional benefit

Brands

• ZOIA Living: Furnished apartment rental service offering short and medium-term rentals across ZOIA's property portfolio in Athens and Piraeus.

Products and services

• ZOIA Living Sub-brand providing fully furnished modern apartments for short- and medium-term stays across ZOIA's Athens and Piraeus property portfolio; targeted at professionals, students, and travelers seeking flexible accommodation in prime city-center neighborhoods.
• ZOIA Residential Properties Renovated residential apartment buildings offered for long-term rental or sale across multiple Athens neighborhoods; targeted at individuals and households seeking modern urban housing.
• ZOIA Commercial Properties Office and retail building portfolio in central Athens and Piraeus offered for commercial leasing; targeted at companies seeking modern, well-located commercial space.
• ZOIA Under Development Pipeline Pipeline of buildings under development in strategic Athens and Piraeus neighborhoods, marketed ahead of completion to prospective tenants and buyers.
• Sapfous Micro-Apartments 24 fully furnished modern micro-apartments created through adaptive reuse of a 1,147 sqm building in Kallithea; award-winning design with innovation recognition from the Hellenic Institution of Architecture; targeted at short- and medium-term furnished-rent tenants.
• Amalias 40 Office Complex 3,187 sqm three-façade LEED-certified office building in Plaka with Acropolis and Olympian Zeus views, renovated from a 1977-built structure to A-grade spec; targeted at corporate tenants seeking premium central Athens office space.
• Spaces Theanous Co-working Center 3,200 sqm co-working and serviced-office center in Gazi, operated by IWG under its Spaces brand in a building owned by ZOIA; features meeting rooms and private offices and targets flex-office corporate tenants.
• ZOIA Aiolou Urban Hotel Conversion 1,500 sqm building on Aiolou pedestrian avenue being converted into a modern urban hotel with approximately 30 guest rooms and a rooftop with Parthenon views; targeted at hospitality guests in central Athens.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• IWGcoreStrategic or Co-development Partner · 1 May 2020ZOIA partnered with IWG, one of the world's largest flexible office and co-working operators, to bring co-working to Athens with Spaces Theanous. The partnership transformed a former textile factory (Sportex) into serviced offices. IWG operates the co-working center under their Spaces brand while ZOIA owns the property.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/zoiagreece
• LinkedInlinkedin.com/company/zoia-greece

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZOIA