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Send MessageIRAKLIO KRITIS - KSIROPOTAMOS
Property Code: 506470
Investment Opportunity: Prime 375sq.m. Multi-Unit Building in Xiropotamos An exceptional investment opportunity is now available in the sought-after area of Xiropotamos. This 375sq.m. detached building, constructed in 1992, is in excellent condition and offers immediate rental income. It is a fully legal and "settled" property, ensuring a smooth and transparent transfer of ownership. Property Layout: Ground Floor (125sq.m.): A spacious, open-plan commercial shop with high visibility. Perfect for various business uses, either for rental or owner-occupancy. 1st Floor (125sq.m.): One spacious 3-room apartment (90sq.m.) featuring 2 bedrooms. One two-room studio (35sq.m.). 2nd Floor (125sq.m.): One spacious 3-room apartment (90sq.m.) featuring 2 bedrooms. One two-room studio (35sq.m.). Key Investment Highlights: Immediate ROI: All four residential units are currently leased, providing a steady and guaranteed income stream from day one. Strategic Location: Situated in a very quiet neighborhood in Xiropotamos, conveniently located next to schools and mini-markets—ideal for families and professionals. Excellent Condition: The building has been meticulously maintained and is in superb structural and aesthetic condition. Legal Compliance: The property is fully legalized and compliant with all building regulations, with no pending legal or urban planning issues. Investor’s Tip: The vacant ground-floor shop offers significant upside potential. Leasing this commercial space can substantially increase the property’s total annual yield.
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| Renovation : | Some |
| Elevator : | No |
| Floors : | Tile |
| Furnished : | Some |
| Heating : | Central, Air condition, Solar water heater |
| Kitchen : | Bright |
| Type Power : | Single phase |
| Floor area 0 : | 125 |
| Level Use : | Store |
| Floor area 1 : | 125 |
| Level Use : | Apartment |
| Floor area 2 : | 125 |
| Level Use : | Apartment |
| Property area : | 165 |
| Surrounding area : | Very green, Close to school, Quiet area, Close to public transports |
| No. Floors : | 3 |
| Number of apartments : | 3 |
| Position : | Facade |
| Transportation : | Bus |
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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