PIRAEUS CENTER - TERPSITHEA
Property Code: 354105
For sale: a standalone investment building comprising 4 floors in the Terpsithea area of Piraeus, offering an annual yield of 11%, located just 7 minutes from the Port of Piraeus and a few minutes from Zea Marina, with a total surface area of 423.78 sq.m. The property represents an attractive investment opportunity, as it has been continuously leased since 2016, providing stable rental income and an annual return of 11%. Its long-standing tenancy, combined with its strategic location, makes it particularly appealing to investors seeking immediate cash flow and long-term value. The total area of the main spaces amounts to 327.60 sq.m., while the common areas cover an additional 96.18 sq.m., bringing the total building area to 423.78 sq.m. The area benefits from strong and ongoing commercial and investment activity due to its proximity to the Port of Piraeus, Zea Marina, the city center, and public transportation links, factors that support long-term demand and enhance the property's investment profile. For further information or to arrange a private viewing, please contact us.
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| Elevator : | Yes |
| Heating : | Without elevator heating |
| Floor : | Tile |
| Start of Hire : | 07/2016 |
| Remaining Duration : | 00/0000 |
| Rental Performance : | 5000 |
| Double glazing : | Yes |
| Number of WC : | 1 |
| Level Separation : | Auxiliary |
| Kitchen : | Yes |
| Number of WC : | 1 |
| Level Separation : | Main |
| Number of WC : | 1 |
| Level Separation : | Main |
| Number of WC : | 1 |
| Level Separation : | Main |
| Number of WC : | 1 |
| Level Separation : | Main |
| Level Separation : | Main |
| Storehouse : | Yes |
| Beneficial Height : | 2.45 |
| Access : | Metro, Electric, Immediate, Bus |
| Lawn : | No |
| Position : | Double frontage, Facade |
| Use Area : | Residential |
| Property type : | Autonomous building, Seminary (tutorial - licentious), Office |
| Type of Construction : | Conventional |
| Floor area : | 54,30 |
| Floor area : | 46,60 |
| Floor area : | 54,30 |
| Floor area : | 54,30 |
| Floor area : | 54,30 |
| Floor area : | 63,80 |
| Energy Class : | E |
Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500
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