FOR SALE
Retail, 125 sqm, Koukaki - Makrygianni
#28318Athens-Center, Athens-Center-Koukaki-Makrygianni-Fix
125 sqm
Basement L1
1970
Property
Description of the property
Leased Retail Unit of 125 sq.m. in a Prime Location on Kallirrois Avenue
An attractive investment opportunity to acquire a 125 sq.m. retail unit in a highly prominent and commercially active location on Kallirrois Avenue, just a short distance from Syngrou-Fix Metro Station.
The property benefits from excellent visibility, strong pedestrian and commercial footfall, and convenient access to the Metro and Athens’ main road network.
The property is currently leased until 2033, providing the new owner with a stable and predictable rental income of €36,000 per annum (€3,000 per month). The lease provides for an annual rent increase linked to CPI +1%.
At an asking price of €500,000, the property generates a gross rental yield of 7.2%, offering an attractive income-producing investment opportunity in an established commercial location in Athens.
The property is legally and technically compliant, with the relevant documentation in place, and is ready for completion, allowing the transaction to proceed without outstanding legal or technical matters.
Key Features
* 125 sq.m. retail unit
* Prime location on Kallirrois Avenue
* Short distance from Syngrou-Fix Metro Station
* Excellent visibility and commercial exposure
* Leased until 2033
* Annual rental income: €36,000
* Monthly rent: €3,000
* Annual rent increase: CPI +1%
* Asking price: €500,000
* Gross rental yield: 7.2%
* Legally and technically compliant
* Relevant legal and technical documentation available
* Ready for contract.
An attractive investment opportunity to acquire a 125 sq.m. retail unit in a highly prominent and commercially active location on Kallirrois Avenue, just a short distance from Syngrou-Fix Metro Station.
The property benefits from excellent visibility, strong pedestrian and commercial footfall, and convenient access to the Metro and Athens’ main road network.
The property is currently leased until 2033, providing the new owner with a stable and predictable rental income of €36,000 per annum (€3,000 per month). The lease provides for an annual rent increase linked to CPI +1%.
At an asking price of €500,000, the property generates a gross rental yield of 7.2%, offering an attractive income-producing investment opportunity in an established commercial location in Athens.
The property is legally and technically compliant, with the relevant documentation in place, and is ready for completion, allowing the transaction to proceed without outstanding legal or technical matters.
Key Features
* 125 sq.m. retail unit
* Prime location on Kallirrois Avenue
* Short distance from Syngrou-Fix Metro Station
* Excellent visibility and commercial exposure
* Leased until 2033
* Annual rental income: €36,000
* Monthly rent: €3,000
* Annual rent increase: CPI +1%
* Asking price: €500,000
* Gross rental yield: 7.2%
* Legally and technically compliant
* Relevant legal and technical documentation available
* Ready for contract.
Extra information
GENERAL
Completion status
Completed
PLOT
Landlot area
125 sqm
Frontage size
9To15M
View
City, Green
BUILDING
Build year
1970
Structure quality
Very good
UNIT
Main area size
125 sqm
Floor
Basement L1
WCs
1
Heating
Electric, Air conditioning, Autonomous
Heating source
Other
Energy class
Exempt
Fast & hassle-free mortgage pre-approval with e-stegastiko
Prosperty, in partnership with FinTHESIS, lets you apply online in just 5 minutes—no bank visit needed!
