Building 2080 Sqm In Athens, Greece

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.

• 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

• Residential Units: 1,031 square m.
• Commercial Space: 295 square m.
• Underground Parking (16 spaces): 754 square m.

• 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).

💼 €4,200,000 – Entire Building

• Lower Basement (376.95 square m.): Includes 9 spacious parking spaces, ensuring convenient access for tenants.
• Upper Basement (376.95 square m.): Includes 7 additional parking spaces (Total: 16 spaces).

• Ground Floor (197.30 square m.): Main commercial area with wide, premium frontage, ideal for food & beverage, retail, or customer service offices.
• Mezzanine (70.95 square m.): Auxiliary or office space directly connected to the ground floor, enhancing functionality.

1st Floor (5 Apartments):

• Apt A1: 29.80 square m.
• Apt A2: 47.40 square m. (second largest studio)
• Apt A3: 48.70 square m. (largest studio)
• Apt A4: 33.85 square m.
• Apt A5: 31.85 square m.

2nd Floor (5 Apartments):

• Apt B1: 29.85 square m.
• Apt B2: 35.30 square m.
• Apt B3: 35.35 square m.
• Apt B4: 33.65 square m.
• Apt B5: 31.60 square m.

3rd Floor (5 Apartments):

• Apt C1: 30.50 square m.
• Apt C2: 33.20 square m.
• Apt C3: 28.90 square m.
• Apt C4: 35.90 square m.
• Apt C5: 30.45 square m.

4th Floor (4 Apartments):

• Apt D1: 31.95 square m.
• Apt D2: 33.30 square m.
• Apt D3: 32.10 square m.
• Apt D4: 30.05 square m.

5th Floor (4 Apartments):

• Apt E1: 28.20 square m.
• Apt E2: 27.35 square m.
• Apt E3: 28.35 square m.
• Apt E4: 28.65 square m.

6th Floor (4 Apartments):

• Apt F1: 28.20 square m.
• Apt F2: 27.35 square m.
• Apt F3: 28.35 square m.
• Apt F4: 28.65 square m.

✔️ Fully operational, income-producing asset with immediate cash flow

✔️ Diversified revenue streams: residential, commercial, and parking

✔️ Prime location in Ilisia – Zografou with high rental demand

✔️ Ready for renovation or value repositioning

✔️ Excellent accessibility and visibility in central Athens

✔️ Strong value-add potential through upgrades, short-term rentals, or commercial restructuring