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Sale, Residential, Building

KIPSELI - ANO KIPSELI - EVELPIDON

Property Code: 476646

Rooms 11

Floor 0 (Ground Floor)

Area 417 m²

Construction 1955

650000

or by acquiring a mortgage €/ΜONTH

1558.7529976019 € / m²

Modify Date: 06/11/25

Description

Investment property for sale in the Gyzi area of Athens, with a total surface of 417 sq.m. The building is spread across three floors containing multiple apartments, an additional floor with a single room, and a basement level. It comprises 11 independent units, offering significant rental income potential and presenting an excellent opportunity for investors. The property is ideally suited for both long-term tenants and short-term rentals, such as Airbnb, due to its location and functional layout. Its proximity to public transport, universities, shops, and essential services makes it particularly attractive for students, professionals, and city visitors seeking convenient accommodation in central Athens. The building is in good condition, with well-maintained interiors and practical layouts for each unit. Its combination of multiple income-generating units, strategic location, and solid structural condition makes it a turnkey investment opportunity. With strong rental demand in the area, this property provides both immediate cash flow and long-term capital appreciation potential for investors seeking reliable returns in a prime urban location.

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Boiler :	Yes
WC :	Big
Office :	Bright
Gym :	With ventilation
Floors :	Tile, Parquet
Furnished :	Yes
Electrical devices :	All
Solar heater :	Yes
Heating :	Central
Pets acceptable :	Yes
Kitchen :	Single with dinning room
Kitchen (number) :	11
Bathrooms :	Big
Bathrooms (number) :	2
Sitting room :	Big
Stairs :	Interior
Type Power :	Three phase

Terraces :	With beautiful view
External appearance :	Excellent
Noise :	Quiet
Garden :	Yes
Surrounding area :	Very green

Storehouse :	Yes
No. Floors :	3
Zone :	Residential zone
View :	Sideway
Suitable for Vacation House :	No
Suitable for Business use :	Yes
Suitable for Students :	No
Hired :	Yes
Quality construction :	Excellent construction
Quality area :	Good
Orientation :	Eastern
Penthouse :	Yes
Transportation :	Bus, Tram

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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