Sale, Residential, Building

NIKEA - ALSOS VOKOU

Property Code: 540911

Rooms 4
Bathrooms 2
Floor 0 (Ground Floor)
Area 170 m2
Construction 1975

205000

Calculate my installment

1205.8823529412 € / m2

Modify Date: 09/10/26

Description

INDEPENDENT 170 SQ.M. BUILDING IN NIKAIA | EXCEPTIONAL INVESTMENT OPPORTUNITY WITH VALUE-ADDING POTENTIAL Located in a peaceful residential neighborhood of Nikaia, between Nikaia and Maniatika Metro stations, both approximately a 7-minute walk away, this independent building offers an attractive investment opportunity with significant potential for renovation, rental income and future capital appreciation. The property comprises two separate apartments with a total interior area of 170 sq.m. The ground-floor apartment measures 88 sq.m. and was built in 1964, while the first-floor apartment measures 82 sq.m. and was built in 1975. Both apartments feature two bedrooms and have undergone partial renovations at different times. The building also benefits from central oil-fired heating. A property with two independent apartments and multiple investment possibilities. Its layout offers flexibility for investors seeking to generate rental income from two separate residences or undertake a comprehensive renovation to enhance the property’s appeal and future resale value. Following a full renovation, both apartments have the potential to become attractive residential options, benefiting from their practical layouts and convenient access to two Metro stations. Situated in an area experiencing growing investment interest, the property combines a peaceful residential setting with excellent public transport accessibility, an important advantage for both long-term rental demand and future marketability. An appealing opportunity for investors looking for a property with renovation potential, flexible utilisation options and prospects for long-term value creation.

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Renovation : Some
Drainage : Sewer
Elevator : No
Floors : Tile
Satellite Antena : ---
Solar heater : Preinstallation
Heating : Central
Living room : Big, Single with dinning room, Bright
Pets acceptable : Yes
Burner : Petrol
Air conditioning : Yes
Kitchen : Independent, With window, With balcony
Kitchen (number) : 2
Bathrooms : With window, Bright
Bathrooms (number) : 2
Sitting room : Big, Bright
Stairs : Interior
Dining room : Single with living room, With veranda
Type Power : Single phase
Rooms : 4
Double bedrooms : Big, With big closets
Double bedrooms (number) : 3
Bedrooms children : Big
Bedrooms children (number) : 1
Terraces (s.m.) : 10
Property area : 140
External appearance : Good
Noise : Quiet
Balconies : In the living room, In the kitchen
Balconies (s.m.) : 10
Surrounding area : Close to school, Close to market, Quiet area, Close to public transports
Tents : Yes, Living room
Storehouse : Yes, In the house
Storehouse (s.m.) : 11
No. Floors : 1
Number of apartments : 2
Zone : Residential zone
Suitable for Vacation House : No
Suitable for Business use : Yes
Suitable for Students : Yes
Property status : Newly built
Hired : No
Quality construction : Modern construction
Quality area : Very quiet
Orientation : Northern
Transportation : Bus, Metro

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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