Sale, Residential, Residence complex

ISTORIKO CENTER - MONASTIRAKI

Property Code: 519040

Rooms 10
Bathrooms 10
Floor 2 (2nd)
Area 320 m2
Construction 1975

1700000

or by acquiring a mortgage €/ΜONTH

5312.5 € / m2

Modify Date: 21/04/26

Description

For sale: exceptional investment property located in the historic center of Athens, in the vibrant area of Monastiraki. The property consists of a total surface of 320 sq.m. on the 2nd floor, comprising 10 fully designed and operational apartments. All units are currently functioning successfully as short-term rentals (Airbnb-style), offering immediate return on investment with no need for additional setup or renovation. The property is in very good condition and has been configured to maximize occupancy, benefiting from the area's year-round tourist demand. Ideally situated within walking distance of major landmarks, public transportation, retail shops, and dining venues, the location ensures high visibility and consistent booking rates. An excellent opportunity for investors seeking a ready-to-perform asset in one of the most dynamic and sought-after areas of Athens.

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Boiler : Yes
Renovation : Complete
Drainage : Sewer
Elevator : External
Floors : Tile
Computer network : Yes
Satellite Antena : Yes
Equipment : Bed sheets, Towels, Blankets, Pilows
Furnished : Yes, Luxurius
Electrical devices : All
Heating : Air condition
CCTV : Yes
Pets acceptable : Yes
Air conditioning : Yes
Housework : Dishes, Forks, Spoons, Knifes, Water glasses, Wine glasses, Whiskey glasses, Hand bleders, Mop-broom-lamb
Security door : Yes
Stairs : External
Phone center : Yes
Type Power : Three phase
Kitchen (number) : 0
Kitchen : Bright
External appearance : Good
Surrounding area : Close to market, Close to public transports
Property area : 1
Storehouse : Yes
No. Floors : 6
Zone : Residential zone
View : Unlimited
Position : Double frontage, Facade
Suitable for Vacation House : No
Suitable for Business use : Yes
Suitable for Students : No
Quality construction : Excellent construction
Quality area : Excellent
Orientation : Southeast
Transportation : Bus, Metro, Suburban, Tram, Electric, KTEL (Bus transport)
Number of apartments : 10

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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