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A residential complex is available for sale in an excellent location in Nea Ionia, constituting a particularly valuable investment opportunity with a stable income and high yield prospects. It is a five-story building, built in 2006, with a total area of 1,250 sq m, which consists of a ground floor commercial store and eleven functional apartments, suitable for both long-term and short-term leas
A residential complex is available for sale in an excellent location in Nea Ionia, constituting a particularly valuable investment opportunity with a stable income and high yield prospects. It is a five-story building, built in 2006, with a total area of 1,250 sq m, which consists of a ground floor commercial store and eleven functional apartments, suitable for both long-term and short-term lease.
The ground floor store has a total area of 170 sq m. with an additional loft of 70 sq m. and has been renovated in 2026 with extensive work on electrical and plumbing installations, as well as new floor tiles. The store is already leased until 2030, offering a guaranteed yield and stable income to the new owner.
A total of eleven (11) apartments of 48-50 sq m are being developed on the remaining floors. each, with an excellent layout that includes a bedroom, a comfortable living room, a kitchen and a bathroom. The apartments have aluminum frames and autonomous heating with natural gas per residence, ensuring functionality and low cost of living. All apartments are leased with annual contracts, which enhances the investment character of the property.
The property also has seven (7) parking spaces, an underground storage room of 100 sq.m., an underground storage room of 35 sq.m. and an additional storage room of 15 sq.m., offering significant auxiliary spaces and increased functionality.
The condition of the building is very good, while its location is considered particularly privileged, as it is located just 300 meters from ISAP station and very close to transportation, schools, a local market, a super market and basic services. The direct access to the center of Athens and the developing infrastructure of the area make the property an ideal choice for investors looking for an income property with high demand.
The complex is suitable for student housing, professional exploitation, investment for short-term rental like Airbnb, but also for those who want a fully functional property with an already established rental portfolio.
The location of the property has an excellent walkability rating of 92%. Specifically, within a 15-minute walk you have access to schools 600m, restaurants 300m, supermarket 300m, park 500m, market 100m.