Mixed Use, 4827 sqm, Kalithea

Long-Term Leased Commercial Investment – Athens €10,400,000

A prime commercial investment opportunity in Athens, comprising a fully licensed development strategically positioned in an established commercial location with strong footfall and long-term growth potential.

The project is situated on a 6,612 sq.m. plot and comprises a total built area of 4,827.50 sq.m. across two levels, including 2,413.75 sq.m. of ground-floor commercial space. The development has been fully licensed and is ready for implementation, with a modern architectural design and flexible configuration suitable for retail, food & beverage, offices and professional services.

The investment is secured by a 25-year lease with a reliable tenant, generating a monthly rent of €52,000, equivalent to €624,000 in annual rental income. The lease includes a 15-year guaranteed period and annual rental indexation linked to the Consumer Price Index (CPI).

At an asking price of €10,400,000, the property offers an indicative 6.0% gross annual yield, with additional potential for rental growth through the contractual CPI-linked annual adjustments.

Investment Highlights

* Asking price: €10,400,000
* Plot size: 6,612 sq.m.
* Total built area: 4,827.50 sq.m.
* Ground-floor commercial area: 2,413.75 sq.m.
* Fully licensed and ready for development
* 25-year lease
* 15-year guaranteed period
* Monthly rent: €52,000
* Annual rental income: €624,000
* CPI-linked annual rental adjustment
* 6.0% gross annual yield
* Strategic commercial location in Athens
* Long-term income visibility