High Yield Investment Property In The Heart Of Athens

A fully integrated investment property in an exceptionally prime location, right next to Omonia Square, in one of the most commercial and dynamic areas of central Athens.

The property consists of three independent apartments and a ground-floor retail unit, with a total surface area of 325 sq.m., offering multiple development options and stable returns. The ground floor features a retail space of 88 sq.m., while the first floor hosts a 77 sq.m. apartment. The second and third floors each comprise an apartment of 79 sq.m.

The property holds a short-term rental license and is already successfully operating on the Airbnb platform with full-apartment rentals, achieving high occupancy throughout the year and very satisfactory yields. At the same time, it is equally suitable for long-term leasing, mixed-use exploitation, or owner occupancy, depending on the new owner’s investment strategy.

It has been fully renovated and features a carefully curated retro style that reflects the elegance and charm of a bygone era. Its exterior resembles a classic Athenian building, without being listed as a preserved monument, ensuring full flexibility without the restrictions typically associated with such properties.

Its location, within immediate walking distance of Omonia metro station and in an area with intense tourist activity and numerous hotels, guarantees long-term demand and a secure investment outlook. This is a rare and complete investment opportunity in the heart of Athens, with proven performance and strong prospects for the new owner.

Location: Omonoia is the entire area around Omonoia Square and is located right in the center of Athens, with several major avenues such as Panepistimiou, Stadiou, Agios Konstantinos, 3rd September, Piraeus, and Athinas.
Unique Features: In recent years, the area has undergone tremendous development, resulting in several hotels opening in the area, as well as a plethora of commercial businesses.
The overall upgrade of the area through various projects does not only concern the tourism sector, as several shops and restaurants are set to open in Omonoia.
The area is home to many notable buildings, such as the former Bagion and Megal Alexandros hotels, as well as the Hondos Center department store.
Accessibility: Omonoia is well connected to the rest of Athens, as it has a metro line, an electric railway station, and several bus lines serving the area.
Investment Potential: This area is located right in the center of Athens, an area that has always been of great interest to buyers with guaranteed returns on investment.