Block Of Flats, 2080 sqm, Zografou

In Ano Ilisia – Zografou, at a central location with direct access to the University Campus, student residences, Ilisia Grove, local market, and public transport, an independent building with a total area of 2,080 sq.m. is offered for sale. The property was constructed in 2019, is in excellent condition, and is fully leased.

The building is developed over two basement levels, a ground floor with mezzanine, a semi-floor, and six upper floors, and includes:

-27 residential studios with a total area of 1,041 sq.m., each featuring a private balcony, kitchenette, and bathroom

-A ground-floor retail unit of 196 sq.m. with a 71 sq.m. mezzanine

-Two basement parking levels totaling 754 sq.m., providing 15 parking spaces

The superstructure measures 1,326 sq.m., with studios ranging in size from 24 sq.m. to 45 sq.m., distributed from the 1st to the 6th floor.

Each studio is equipped with:

-Independent heating and cooling via air-conditioning units

-Domestic hot water through a central system combining heat pumps

-Double-glazed windows

-Security doors

The property is fully leased, generating an annual yield of approximately 6.5%, with potential for further upside due to its location and use profile.

This is a full-scale investment property in an area with consistently strong demand, closely linked to the academic community and the city center.

With the purchase of the property, we fully undertake the notarization and transfer process, ensuring that the transaction is completed safely and reliably.