Exarchia Income Generating Residential Building — 17 Apartments & 3 Retail Units

Situated in the vibrant heart of Exarchia, this autonomous six-storey residential building plus ground floor (1970 construction) presents a compelling investment opportunity in one of Athens’ most dynamic urban districts. With a total usable area of 1,193 sq.m., the property combines stable rental income with long-term capital appreciation in an area with a zone price of €2,200/m².

The building comprises:

17 self-contained apartments spread across six floors
3 ground-floor retail units with strong commercial visibility
Independent ownership titles for all units (sold collectively as one asset)
Continuous renovation carried out for each unit upon re-leasing

Key Features:

Heating: Air-conditioning
Aluminium window frames
Energy class C
Lift access
Fully leased, generating immediate income
Zoning: Residential

Ideally suited for institutional or private investors seeking a centrally located, income-producing property with excellent redevelopment or repositioning potential in the future.