Office building in the suburbs of Athens, Greece

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Office building in the suburbs of Athens, Greece

950,000 €
1,403 € /m²
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  • Total area
    677 m²
  • Yield
    7.5%
  • Built in 
    1991
Details
Property parameters
  • Land area: 409 m²
  • 4-floor building
Financial performance
  • Annual income: 71,250 €
Tenants
  • Fully let

Detached office building in the suburbs of Athens.

Description

The building occupies 4 floors where office spaceswith a total area of 390 m² are located and has a basement with an area of 187 m².

Extra opportunities

We can help you get a Golden Visa (permit without tax residence) when buying a property worth €250,000 or more.

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Financial performance

The absolute annual income is 71,250 €.

The current yield is 7,5%.

Tenants

The tenant is an American company that has been here for more than 20 years. The tenant guarantees the extension of the contract.

Location and nearby infrastructure

The property is located about 30 minutes from Athens.

Athens is the capital of Greece, located in the historical region of Attica and is the economic, cultural and administrative center of the country. The population of the city is more than 3.5 million people.

Athens is the largest trade and distribution center and financial center of the country, in particular, more than 2.5 million tons of oil are processed annually there. Up to 70% of import and 40% of Greece’s export go through Greater Athens.

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