Magna Real Estate
Magna Real Estate is a licensed Athens-based brokerage offering residential, commercial, and land sales and rentals across the Athens metropolitan area, with a specialization in Golden Visa investment properties for foreign buyers.
- Company typePrivate
- Founded-
- HeadquartersPefki (Pefki), Greece
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Magna Real Estate does
Magna Real Estate is a privately-held, fully licensed real estate brokerage firm headquartered in Pefki, a northern suburb of Athens, Greece, with a second branch office in Syntagma near the Greek Parliament. Founded in 2008 and operating with approximately eight employees, the firm provides full-service residential, commercial, and land property transactions — including buying, selling, and renting — across the Athens metropolitan area (northern and southern suburbs, central Athens, and Piraeus). The company maintains a curated inventory of roughly 132 active listings, with sales prices ranging from approximately €199,000 to €2,100,000 and rentals from €650 to €2,950 per month.
The firm's product portfolio extends beyond brokerage into appraisal, renovation project management, civil engineering documentation, and property promotion services. A dedicated Golden Visa service line targets non-EU foreign investors seeking Greek residency through qualifying property purchases starting at €250,000, supported by a strategic alliance called the Synergia Magna Alliance. Operations run on the Real Status brokerage platform, a third-party property and CRM system developed by iarts. The website is offered in six languages — Greek, English, German, Swedish, Bulgarian, and Russian — reflecting a deliberate orientation toward cross-border buyers.
Magna generates revenue through commission-based fees on property transactions, charging for successful sales and leases rather than subscription or retainer arrangements. Go-to-market combines a multilingual self-serve website, two physical offices serving walk-in clients, and recurring presence at major industry exhibitions including MIPIM (Cannes), the Premium Real Estate Expo (Athens), and IREX (New Delhi). The firm is registered with the Greek General Commercial Registry (GEMI: 162209203000), the Athens Chamber of Commerce, and the Association of Realtors of Athens & Attica. No external funding, parent entity, or M&A activity is disclosed.
Magna Real Estate firmographics
Firmographics- Name
- Magna Real Estate
- Legal name
- Magna Real Estate Athens
- Website
- https://magnaestate.gr
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Magna Real Estate is a licensed Athens-based brokerage offering residential, commercial, and land sales and rentals across the Athens metropolitan area, with a specialization in Golden Visa investment properties for foreign buyers.
- Ownership category
- akta.pro rank
Magna Real Estate industry classification
Industry- Product category
- Real Estate Brokerage Services
- NAICS
- Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industries
- Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ), Land Brokerage (Raw Land & Development Sites) (FSAEAJAD), Closing Coordination & Transaction Management (Broker/Agent Support) (BPAJAOAH)
Keywords
Where Magna Real Estate is headquartered
LocationHeadquarters
- HQ city
- Pefki (Pefki)
- HQ country
- Greece
- HQ region
- Europe
Offices2 records
Markets served
Magna Real Estate business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Real Estate Brokerage: Commission-based real estate brokerage services for property sales and rentals in the Athens metropolitan area, including residential, commercial, and land properties. The company also specializes in Golden Visa investment properties targeting non-EU nationals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Property sales and rentals with commission-based fees |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Magna Real Estate product offering
Product offeringCore offering
Magna Real Estate Athens is a fully licensed real estate brokerage firm operating in the Athens metropolitan area, offering buying, selling, and rental services for residential, commercial, and land properties. The firm specializes in Golden Visa property investment services for non-EU international clients and augments its brokerage with property appraisal, renovation project management, civil engineering documentation, and property promotion services.
Product overview
Magna Real Estate Athens operates as a full-service real estate brokerage firm offering a comprehensive portfolio of property services. The core offering comprises residential, commercial, and land property brokerage for buying, selling, and renting transactions. The company augments its brokerage services with specialized offerings including Golden Visa property consultation for international investors, professional real estate appraisal, renovation project management, civil engineering documentation services, and property marketing promotion tools. The agency leverages the Real Status brokerage platform internally for property management and listings operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Brokerage Services
- Golden Visa Property Services
- Real Estate Appraisal
- Renovation Services
- Civil Engineering Services
- Property Promotion Services
Companies that use Magna Real Estate
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Magna Real Estate technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Magna Real Estate partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Synergia Magna AlliancecoreStrategic alliance with Synergia Magna for comprehensive real estate investment services, particularly for Golden Visa programs. The partnership provides hassle-free investment processes for international clients.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Magna Real Estate competitors and assessment
Company assessmentDirect peers
- Engel & Völkers Greece: Global luxury real estate franchise with active Athens operations covering residential and investment properties, multilingual sales teams, and a strong Golden Visa feeder presence from DACH and Nordic markets — directly overlapping Magna's international-buyer focus.
- Coldwell Banker Greece: International real estate franchise with Athens offices serving residential, commercial, and investment property buyers including Golden Visa clients — comparable in target customers, multilingual coverage, and full-service brokerage model.
- RE/MAX Greece: Largest franchised real estate network in Greece, offering residential, commercial, and Golden Visa-eligible property transactions across Athens and beyond; competes head-to-head for the same agent rosters and foreign-investor leads as Magna.
- Barnes Greece: International luxury real estate brand with Athens offices serving HNW international buyers of premium residential and investment properties — competes in the same Golden Visa-eligible luxury segment.
- Hellenic Properties: Athens-based luxury real estate agency focused on high-end residential sales to international buyers — competes in the same premium price segment and cross-border investor funnel as Magna.
- CENTURY 21 Greece: Major franchised Athens-area brokerage offering residential and commercial sales, rentals, and Golden Visa property services to both Greek and international buyers — overlapping Magna's core service mix and multilingual positioning.
- Sotheby's International Realty Greece: Luxury-branded Athens brokerage handling high-end residential sales and investment properties for international HNW clients — directly comparable to Magna's upper price-band listings (€1M–€2.1M) and cross-border buyer orientation.
Others
- iarts (Real Status platform vendor): Technology vendor providing the Real Status brokerage platform that Magna uses for listing management and CRM — an ecosystem enabler rather than direct competitor, but indicative of the operating stack used by Greek brokerages.
Regional players
- Ploumis – Sotheby's International Realty Athens: Athens-headquartered luxury brokerage affiliated with Sotheby's International Realty, focusing on premium residential and investment properties — overlapping with Magna's high-end Athens listings and foreign-buyer focus.
Emerging players
- Greece Golden Visa (greecegoldenvisa.com): Specialist firm focused exclusively on Greek Golden Visa property investment, helping non-EU buyers navigate residency-by-investment purchases — overlaps directly with Magna's dedicated Golden Visa product line.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Magna Real Estate social profiles
Digital presenceMagna Real Estate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magna Real Estate leadership team
Management profileNumber of profiles
Magna Real Estate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magna Real Estate 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 Magna Real Estate
What does Magna Real Estate do?
Magna Real Estate Athens is a fully licensed real estate brokerage firm operating in the Athens metropolitan area, offering buying, selling, and rental services for residential, commercial, and land properties. The firm specializes in Golden Visa property investment services for non-EU international clients and augments its brokerage with property appraisal, renovation project management, civil engineering documentation, and property promotion services.
Is Magna Real Estate a public or private company?
Magna Real Estate is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Magna Real Estate founded?
Magna Real Estate was founded in -1. It employs 1 to 10 people.
Where is Magna Real Estate based?
Magna Real Estate is headquartered in Pefki (Pefki), Greece, in the Europe region.
How does Magna Real Estate make money?
One revenue line is on record: real Estate Brokerage.
Who are Magna Real Estate's main competitors?
Direct peers on record are Engel & Völkers Greece, Coldwell Banker Greece, RE/MAX Greece, Barnes Greece, Hellenic Properties, CENTURY 21 Greece and Sotheby's International Realty Greece. iarts (Real Status platform vendor) is listed as an others. Ploumis – Sotheby's International Realty Athens is listed as a regional player. Greece Golden Visa (greecegoldenvisa.com) is listed as an emerging player.
Does Magna Real Estate have an API?
No public API is recorded for Magna Real Estate.
What industry is Magna Real Estate in?
Magna Real Estate's product category is Real Estate Brokerage Services. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of FSAEAJAJ, Real Estate Transaction Advisory & Due Diligence. Its NAICS code is 5312 and its SIC code is 6531.