GAZI - METAXOURGIO - VOTANIKOS - METAXOURGIO
Property Code: 504072
For sale: fully operational commercial building of 536 sq.m. located at Metaxourgeio Square. The property was fully renovated in 2016 and features aluminum frames, upgraded infrastructure, and modern fire safety measures. It is currently leased until 31/12/27, with an annual yield of approximately 5.2%. The building is spread over 5 floors, with the following areas: ground floor 85 sq.m., 1st floor 123 sq.m., 2nd floor 117 sq.m., 3rd floor 105 sq.m., 4th floor 71 sq.m., and 5th floor 35 sq.m. Its location makes it highly attractive with multiple potential uses. It can operate as a hotel or boutique hotel, and there is also the possibility to convert it from commercial to residential use, significantly increasing its investment value and making it eligible for the Golden Visa program, with a price of €250,000. The property offers excellent access to all of Athens: just 3 minutes from Metaxourgeio metro station, 10 minutes by metro (or 30 minutes on foot) to the Acropolis, 7 minutes on foot to Omonia, and 8 minutes by metro (or 22 minutes on foot) to Syntagma Square. Call us to arrange a private tour and discover all the opportunities this property has to offer.
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| Elevator : | Yes |
| Floor : | Tile, Marble |
| Double glazing : | Yes |
| Start of Hire : | 1/1/26 |
| Heating : | Air condition |
| Property status : | Renovated, Good |
| Remaining Duration : | 31/12/2028 |
| Rental Performance : | 1.01 |
| Level Separation : | Main |
| Level Separation : | Main |
| Level Separation : | Main |
| Level Separation : | Main |
| Level Separation : | Main |
| Level Separation : | Main |
| Position : | Facade |
| Access : | Metro, Electric, Highway, Immediate |
| Floor area : | 85 |
| Floor area : | 123 |
| Floor area : | 117 |
| Floor area : | 105 |
| Floor area : | 71 |
| Floor area : | 35 |
| Energy Class : | D |
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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