Office building in the city center, Athens, Greece

Additional information is provided after the signing of an NDA

Office building in the city center, Athens, Greece

3,300,000 €
891 € /m²
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  • Total area
    3,700 m²
  • Yield
    7.3 %
  • Rental rate (m²/month)
    5 €
  • Built in 
    1993
Details
Property parameters
  • 6-floor building
Financial performance
  • Annual income: 240,000 €
Tenants
  • Fully let
  • End of lease: 2031

Six-story office building with a long-term lease agreement.

Description

The building includes:

  • 4 underground floors with a total area of 1320 m²
  • 6 floors with office spaces with a total area of 2,200 m²
  • attic of 170 m²

Extra opportunities

We can help you get a Gold 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 240,000 €.

The current yield is 7,3%.

Tenants

Tenant is a state agency.

The lease agreement is valid for 12 years with extension options.

Location

The property is located in the Omonia district, the historical center of the city and the center of commercial and social life in Athens. This is a central area with developed infrastructure and transport network.

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.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other office buildings for sale in Greece.

You can see more office buildings for sale in Athens elsewhere on our website.

Statistics in Athens

Price per m², €
1,598
Healthcare efficiency level
55
Index 55 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
52
Index 52 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,598.23
Apartment in a bedroom community, m² 1,666.44
Transport Price, €
Public transport, 1 ride 1.4
Monthly travel card 30.0
Taxi, 1 km 0.74
Petrol, 1 l 1.55
Food Price, €
Water, 1.5 l 0.89
Milk, 1 l 1.23
White bread, 500 g 0.82
Eggs, a dozen 3.09
Chicken fillet, 1 kg 6.96
Education Price, €
Kindergarten, per month 364.1
International school, per year 6,989.39
Health care index
Staff competence 62.54
Medical equipment 57.95
Research accuracy and completeness 56.53
Attitude towards patients 56.72
Security index
Crime rate 51.34
The risk of being robbed 46.52
The risk of car theft 53.45
The risk of break-in and property damage 56.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Athens
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