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Shop – Athens, Attica, Greece

425,000 €
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Total area: 600 m² Built in 1992
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This real estate item, intended for commercial use, is located in Petralona, aheavily populated district with a lot of low-rise buildings, which experienced intense reconstruction from the decade of 1950. This district is served by the Metro Line 1 station ”Petralona“ and by bus and trolley routes. There are 4 floors in the building, each floor can be easily replanned, because parting walls are made of plasterboard. Total floor area of the rooms: 1st, 2nd and 3rd floor of 170 sq. m, 4th floor — 140 sq. m., on the roof there is illegally constructed space — a small room of about 20 sq. m. As for the Floor Plan, it is the same everywhere. This building could be replanned to the mini-hotel/ apart-hotel, in the lobby of the first floor there is a reception. The building is located near the central railway station and the subway station. On the top floor, on the roof can be planned a cafe — restaurant and on the ground floor – hall with reception. Originally, this building was built as an apartment building, but later plans were changed, and the building began to be rented by each floor separately to various large companies. At the moment, no floor is rented, except for the one space on the roof, that is rented by one of the telephone companies for the lease of the antenna. Rental price: 20.000 euro a year! Information about the shops, which remains to the owner: total floor area, purpose and whether it is possible to buy them and to become full owner of the entire building. The ground floor with the basement spacebelong to the owner of one bakery. Therefore, this building is sold only from the first floor and above. The building is an excellent option for investment with the possibility of a guaranteed income from the lease.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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