- 27,285,000 €
- 4.7% yield
- Athens Recreational 1,250,000 €
- Basic parameters
- Photo
№ 1,869,970
Recreational 300 m² in Athens
1,250,000 €
4,166 € /m²
- Total area 300 m²
- Yield —
- Lease term —
- Constructed 2012
Key project parameters
- Total area
- 300 m²
- Constructed
- 2012
Project description
Commercial space near the center of Athens in Gazi neighborhood.
Description
A three-story space with a total area of 300 m² includes:
- basement 68 m²
- ground floor 164 m² with increased ceiling height up to 5.5 m
- second floor 68 m²
The price also includes a private plot of 45 m².
The total length of the facades overlooking a busy street is 24 m. The space is located on the corner of the building, that makes it extremely attractive for investment. The ground floor of the building is fully rented by a modern cafe.
Tenants
- Agreement
- n/a
Without a tenant.
Location and nearby infrastructure
The property is located on a busy street in Gazi district.
Gazi is a neighborhood of Athens that surrounds the old Athens gasworks, located next to the Kerameikos and close to the Acropolis, one of the world’s most famous landmarks. Gazi is home to the Technopolis of Athens, an industrial museum of modern architecture which today operates as a multipurpose cultural center. Since the start of the 21st century, Gazi has experienced urban refinement and boasts an active cultural and nightlife, with a plethora of clubs and cafeterias, establishing itself as an entertainment district.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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