Parking, 2000 sqm, Agios Dimitrios

Agios Dimitrios – Fully Covered Parking Facility c.2,000 sq.m. 54 Spaces >7% Yield

For Sale – Fully Covered, Income-Producing Parking Facility in Agios Dimitrios, Athens

An attractive investment opportunity to acquire a fully covered, self-contained parking facility of approximately 2,000 sq.m., strategically located in Agios Dimitrios, in close proximity to Dafni Metro Station.

The property is arranged across four basement levels and currently provides 54 parking spaces, supported by two vehicle lifts. Through the introduction of a valet parking operation, the capacity could potentially be increased to 70+ vehicles, providing further scope for revenue growth.

The property benefits from excellent accessibility and is situated in an area with limited availability of covered parking facilities, supporting strong underlying demand.

Key Investment Highlights

* Total area: c. 2,000 sq.m.
* 4 basement levels
* 54 existing parking spaces
* Potential capacity: 70+ vehicles with valet parking
* 2 vehicle lifts
* Close to Dafni Metro Station
* Fully licensed and legally permitted operation
* Fire detection and fire protection systems
* Currently operational with an established base of monthly customers
* Indicative gross yield: >7% based on the asking price
* Potential for increased capacity and rental income
* Income-producing asset with recurring monthly revenues

Investment Opportunity

The property represents a rare opportunity to acquire an operational, income-producing asset in a highly accessible location within the Southern Suburbs of Athens.

The existing business benefits from a stable base of monthly customers, while the property’s strategic location, limited supply of covered parking in the surrounding area and potential to increase capacity to 70+ vehicles provide additional upside potential.

The transaction may also be considered at a corporate level, as the property is owned by an S.A. (Greek Société Anonyme), subject to the relevant due diligence and transaction structure.

The asset is particularly suitable for investors seeking recurring income, an established operating business and potential for further revenue enhancement in the Athens metropolitan market.