Building 800 m² for sale in Agios Ioannis Rentis

Property description

Building for sale in Center, Agios Ioannis Rentis of Piraeus suburbs for 1.500.000€ (Listing No 21001-14613). Airy and front-facing independent building of 800 sq m from 1980, on a plot of 397 sq m, 6 levels (from ground floor to 5th floor), built on a plot of 397 sq m with a building factor of 2.6. The property is located in a prime location overlooking a square and offers a combination of commercial spaces, offices and residences. With autonomous oil heating, fireplace, solar water heater, aluminum frames, security door and quality tiled floors.

Detailed Layout of Spaces (By Level)

• Ground Floor (Commercial Department): 2 independent shops (50 sq m and 100 sq m) with excellent visibility.

• 1st Floor (Mixed Use): 1 autonomous office space of 50 sq m & 1 apartment of 100 sq m.

• 2nd Floor (Professional with potential for residential use): Single professional roof space of 150 sq m (ideal for corporate offices, clinics or a tutoring center).

• 3rd Floor (Residential): Spacious 3-bedroom apartment, 150 sq m. Potential for separation into 2 apartments.

• 4th Floor (Residential): Bright 3-bedroom apartment, 150 sq m. Potential for separation into 2 apartments.

• 5th Floor (Penthouse): Apartment of 50 sq m. with large verandas and open horizon.

The property is a top investment opportunity (High Yield Asset) with the possibility of multiple sources of income. Indicatively, the current rental rates of the properties yield a rate of return on investment of 7.5-8%. It is ideal for:

1. Residential use: Rental of apartments to families, workers or students.

2. Commercial use: Stable income from shops and office space.

3. Total conversion: Ideal for a residential building with a secure income, student housing or the headquarters of a large company.

Contact us today to schedule an exclusive tour of the property and to see the building's prospects and the full technical file.

The asking price is 1.500.000€. For avoiding inconvenience, please use the following reference number when contacting us referring to the above property: Listing No = 21001-14613.

CERTIFIED AGENT

Klairy PetrakiReal Estate Agent

210 491 4908Contact phone