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Sale, Commercial, Store

EXARCHIA - NEAPOLI - EXARCHIA

Property Code: 449915

Floor 0 (Ground Floor)

Area 120 m²

Construction 1970

320000

or by acquiring a mortgage €/ΜONTH

2666.6666666667 € / m²

Modify Date: 14/10/24

Description

A unique store is for sale, with a total area of 120 sq.m., spread across three levels: mezzanine, ground floor, and basement. It is located in an excellent spot in Exarchia, in the heart of Athens, and is an ideal option for commercial or investment use. Each level is internally connected by an impressive glass staircase but also has its own independent entrance, allowing for separate utilization of each space. The store is currently rented, while the mezzanine and basement have been recently renovated and are ready for immediate use. Its flexibility and prime location make it an excellent investment opportunity, with a return of 5% from renting just the ground floor. This return can easily increase to 10% with the full utilization of all three levels, based on its market value. Additionally, the property is equipped with protective electric shutters for security, and the entrance features an impressive glass and metal door, adding a sense of luxury and style. This store presents a unique opportunity for anyone seeking a high-visibility space with great returns and a strategic location in the heart of Athens.

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Storehouse :	Yes, Big, In the space
Storehouse (s.m.) :	37
Floor :	Tile
Double glazing :	Yes
Start of Hire :	30-8-24
Equipment :	Cooling - Heating, Fire safety system, Alarm system
Heating :	Air condition
Property status :	Renovated
Remaining Duration :	31-12-27
Rental Performance :	1200
loft :	Yes
loft Sqm :	37
Loading and unloading ramps :	0
Alarm :	Yes
Type Power :	Three phase
Beneficial Height :	3
Floor Strength kg/m2 :	0
Area configuration :	Many partitions

Label Capability :	Yes
Commerciality :	High
Position :	Corner
Lawn :	No
Lawn :	0
Access :	Immediate
Display Window (cm) :	0
Use Area :	Residential

Property Type :	Store
Type of Construction :	Other
Energy Class :	C

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)

Loan Interest

Loan Repayment Period

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

Indicative Installment Amount

Interest Amount:

*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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