KALAMARIA - CENTER
Property Code: 517306
An investment property with stable returns is available for sale: a 70 sq.m. corner retail unit in Kalamaria, located in an excellent and continuously developing commercial area, just 200 meters from Grand Masoutis and 200 meters from a future metro station, which is expected to significantly enhance both commercial activity and property value in the area. The property is already leased at a monthly rent of €850, with an annual 3% rent indexation, offering an immediate and stable yield of approximately 5%. This is a corner shop with two storefront windows, ensuring strong visibility and excellent commercial exposure in a location with consistent foot traffic and strong growth potential. The property does require renovation, which represents an additional investment opportunity for the new owner, allowing full upgrading according to market needs and the potential to significantly increase both its value and rental performance. An ideal opportunity for investors seeking a property with secured income, upside potential, and strong location fundamentals in an area of ongoing development and increasing demand.
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| Input Height (cm) : | 220 |
| Storehouse : | In the space |
| Elevator : | No |
| Floor : | Tile |
| Area configuration : | single space |
| Double glazing : | No |
| Heating : | Air condition |
| Property status : | Good |
| Input Width (cm) : | 100 |
| Previous use : | Commercial |
| Fire detection : | No |
| Natural Gas : | No |
| Beneficial Height : | 2.91 |
| loft : | No |
| Start of Hire : | 0 |
| Remaining Duration : | 0 |
| Rental Performance : | 0 |
| loft Sqm : | 0 |
| Label Capability : | Yes |
| Commerciality : | High |
| Position : | Corner, Double frontage, Densely populated area |
| Lawn : | No |
| Access : | Immediate, Bus |
| Display Window (cm) : | 300 |
| Parking Type : | Open |
| Use Area : | Residential, Tourism, Commercial, Inside the zoning area |
| Property Type : | Store |
| Energy Class : | C |
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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