AVLIDA - FAROS
Property Code: 528639
Exceptional High-Yield Investment Opportunity with Outstanding Development Potential in Faros Avlidas For sale is an exceptional corner ground-floor commercial property with a total built area of 201 sq.m., situated on an independent 539 sq.m. plot in Faros Avlidas, Greece. The property comprises four independent retail units and is offered exclusively for sale as a single asset. Occupying a prominent commercial location with excellent visibility and generous outdoor space, the property has previously operated successfully as a traditional tavern, butcher shop, and local café. Its strategic location and spacious plot make it suitable for a wide range of commercial uses, including a supermarket, food market, retail store, medical centre, offices, hospitality, or other large-scale business ventures serving both the local community and the surrounding area. A key advantage of this investment is the existing development right to construct an additional 200 sq.m. upper floor, effectively doubling the property's usable floor area and significantly enhancing its long-term value and development potential. Offered at a highly competitive price, this property represents an outstanding investment opportunity for buyers seeking immediate rental income, future commercial development, or long-term capital appreciation. A rare opportunity to acquire a versatile commercial property combining an excellent location, strong investment returns, and exceptional development potential.
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| Storehouse : | Yes |
| Elevator : | No |
| Floor : | Tile |
| Area configuration : | Big halls |
| Double glazing : | No |
| Property status : | Good |
| loft : | No |
| Previous use : | Sanitary, Commercial |
| Alarm : | No |
| Type Power : | Three phase |
| Natural Gas : | Yes |
| Label Capability : | Yes |
| Commerciality : | High |
| Position : | Corner, Double frontage |
| Lawn : | Yes |
| Lawn : | 330 |
| Access : | Good, Bus, KTEL (Bus transport) , OSE (train) |
| Display Window (cm) : | 20 |
| Parking Type : | Open |
| Security building : | No |
| Use Area : | Residential, Commercial |
| Property Type : | Autonomous building, Sanitary use, Restaurant, Commercial retail |
| Type of Construction : | Conventional |
| Energy Class : | D |
| Shared bills : | 0 |
| Plans - Contracts : | Conventional, Layouts, Permission |
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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