Sale, Residential, Residence complex

ISTORIKO CENTER - MONASTIRAKI

Property Code: 502412

Rooms 21
Bathrooms 21
Floor 1 (1st)
Area 632 m2
Construction 1960

4200000

or by acquiring a mortgage €/ΜONTH

6645.5696202532 € / m2

Modify Date: 05/12/25

Description

FOR SALE – 21 Fully Licensed Airbnb-Style Apartments in the Heart of Athens An exceptional investment opportunity located just a 5-minute walk from Syntagma Square, Monastiraki Square, and only steps from the iconic Ermou Street. This prime location provides effortless access to Athens’ most famous attractions, cultural landmarks, shopping areas, and historical sites—making the property highly appealing to both leisure and business travelers. The portfolio consists of 21 modern apartments, all granted individual AMA licenses, spread across three buildings on the same street: PROPERTY BREAKDOWN Building 1 – Floor 1 — 10562 Athens Entire floor of 10 apartments Total area: 298 m² 2 storage rooms: 12 m² Private corridor & terraces Price: €2,170,000 Building 2 – Floor 4 — 10562 Athens Entire floor of 5 apartments Total area: 126 m² 1 storage room: 6 m² Corridor & smoking area Price: €924,000 Building 3 – Floor 2 — 10562 Athens Entire floor of 6 apartments Total area: 165 m² 2 storage rooms & private corridor: 25 m² Price: €1,330,000 Total Portfolio 21 apartments | 632 m² Total asking price: €4,200,000 LOCATION A truly unbeatable location in the historical and commercial center of Athens: 5-minute walk to Syntagma Square 5-minute walk to Monastiraki Square Just steps from Ermou Street Perfect for exploring Athens’ shopping districts, cultural sites, nightlife, and iconic monuments. ACCOMMODATION DETAILS All 21 units are fully furnished, thoughtfully designed, and equipped to meet the needs of modern travelers. The mix includes: 3 one-bedroom apartments 18 studio apartments Each apartment blends stylish aesthetics with comfort, ideal for couples, families, and business guests. WHY THIS PROPERTY STANDS OUT 21 fully equipped apartments across 3 contiguous buildings All units hold valid AMA licenses (Airbnb-approved) Prime central location with extremely high tourist demand High-end finishes & contemporary design Energy performance certified Sold by a trusted Greek company (no loans, mortgages, or encumbrances) Ideal turn-key investment for short-term rentals or boutique hotel operation FEATURES INCLUDED IN EACH APARTMENT Fully furnished interiors Ambient lighting Double aluminum windows with mosquito screens Fully equipped kitchen with Nespresso machine Wi-Fi 55’’ Smart TV with Netflix USB-A charging outlets Air conditioning Double bed with premium mattresses Luxury bathroom amenities Balconies or terraces in selected units Jacuzzi in selected apartments Secure keyless entry system Smoke detectors & fire extinguishers Safe box Premium linens Iron & ironing board Hairdryer Elevator access in all buildings INVESTMENT HIGHLIGHT A rare chance to acquire a complete short-term rental portfolio in one of Athens’ highest-demand neighborhoods—perfect for investors seeking strong returns, long-term capital appreciation, or turnkey boutique hotel conversion.

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Playroom : Bright
Renovation : Complete
Drainage : Sewer
Elevator : Yes
Floors : Tile
Satellite Antena : ---
Equipment : Bed sheets, Towels
Furnished : Yes
Electrical devices : All
Solar heater : Preinstallation
Heating : Air condition
Pets acceptable : Yes
Air conditioning : Yes
Kitchen : Single with living room
Kitchen (number) : 21
Security door : Yes
Stairs : Interior
Type Power : Three phase
Terraces : In the living room
Property area : 1
External appearance : Good
Noise : Quiet
Balconies (s.m.) : 1
Surrounding area : Pedestrian street, Close to market, Close to public transports
Storehouse : Yes
Storehouse (s.m.) : 43
Number of apartments : 21
Zone : Residential zone
View : Unlimited
Position : Facade, Interior
Suitable for Vacation House : No
Suitable for Business use : Yes
Suitable for Students : Yes
Hired : Yes
Quality construction : Excellent construction
Orientation : Southeast, Southwest, Northeastern, Northwestern
Transportation : Bus, Metro
Alarm : Yes, With cameras

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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