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For sale building of 2080 square meters in Athens. The building has 8 levels. A view of the city opens up from the windows. There are: solar panels for water heating, air conditioning, awnings, heating. The owners will be leaving the furniture with the sale. Building has an elevator. Extras included with the property: parking space, garage.
Investment Opportunity – Entire Mixed-U
For sale building of 2080 square meters in Athens. The building has 8 levels. A view of the city opens up from the windows. There are: solar panels for water heating, air conditioning, awnings, heating. The owners will be leaving the furniture with the sale. Building has an elevator. Extras included with the property: parking space, garage.
Investment Opportunity – Entire Mixed-Use Building
in Ilisia – Zografou, Athens
A rare, ready-to-invest opportunity is presented in one of the most sought-after urban areas of Athens.
This six-story building combines immediate income generation, diversified revenue streams, and long-term capital appreciation. Ideal for investors, developers, or real estate investment funds, it offers a unique mix of residential units, commercial space, and parking facilities under one roof.
Property Highlights
Six-story building with a total surface area of 2,080 square m.
27 fully leased studio apartments with stable income
Ground-floor commercial space with mezzanine, offering prime retail frontage
Two basement levels with 16 parking spaces in a high-demand area
Surface Breakdown
Residential Units: 1,031 square m.
Commercial Space: 295 square m.
Underground Parking (16 spaces): 754 square m.
Current Rental Income (Fully Leased)
Studios: €15,500/month
Commercial Space: €4,500/month
16 Parking Spaces: €1,714/month
➡️ Total Monthly Income: €21,714
Annual Gross Income: €260,568
Gross Yield: ~6%
This diversified income profile ensures stable cash flow while offering significant upside potential through rent optimization, short-term leasing, or conversion into serviced apartments/student housing (subject to licensing).
Grekodom Development is an established real estate and development company with over 20 years of experience in the
Grekodom Development is an established real estate and development company with over 20 years of experience in the Greek property market, specializing in serving international clients. With 9 active locations across Greece, the company provides nationwide coverage and strong local expertise in all major regions.
Grekodom Development offers a full-service, turnkey approach, guiding international buyers through every step of the property acquisition process. Services include personalized property consulting and guided viewings, professional property management, as well as renovation, construction, and development solutions carried out by experienced in-house teams.
To ensure a secure and seamless experience, the company provides comprehensive legal assistance, including support with property purchase procedures, due diligence, and residence permit and Golden Visa applications.
With a proven track record, multilingual support, and a deep understanding of the needs of overseas investors, Grekodom Development is a trusted partner for buying, managing, and investing in real estate in Greece.
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Dernière mise à jour
Juin 17
Première mise en ligne
Feb 20
Référence de l’annonce
65498
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