Frontage On Corner Bright Metro

Athens: An exceptional mixed-use investment property located in a prime and highly strategic area of the city, combining residential and commercial spaces with strong income potential. The residential component is distributed across multiple levels, with the 1st floor comprising apartments of 89 sq.m., 60 sq.m., 76 sq.m., and 74 sq.m., while the 2nd to 4th floors follow the same layout as the 1st floor, ensuring consistency and efficient design. On the 5th floor, there are two larger apartments of 107 sq.m. and 116 sq.m. The total residential area amounts to 1,419 sq.m., consisting of 18 brand-new apartments, all of which include parking spaces and storage rooms, adding significant value and functionality. In addition, the property features extensive commercial spaces with a total area of 2,299 sq.m., currently fully leased and occupied, distributed across the ground floor (568 sq.m.), mezzanine (693 sq.m.), semi-basement (159 sq.m.), first basement (472 sq.m.), and second basement (400 sq.m.), ensuring stable and long-term rental income. The lease agreement has a duration of 16 years, with an initial rent of €17,000/month during the first year, €18,000/month in the second year, and thereafter an adjustment based on inflation plus 1%, along with an additional 3% of turnover as a bonus. The current monthly rent is approximately €19,000, with total potential returns, including the turnover bonus, reaching up to €50,000/month, making this property a highly attractive and secure investment opportunity with strong yield potential and long-term stability.*** Tekton Properties Real Estate, Tel: +306944831817, email: tekton@tektonproperties.gr***

Athens: An exceptional mixed-use investment property located in a prime and highly strategic area of the city, combining residential and commercial spaces with strong income potential. The residential component is distributed across multiple levels, with the 1st floor comprising apartments of 89 sq.m., 60 sq.m., 76 sq.m., and 74 sq.m., while the 2nd to 4th floors follow the same layout as the 1st floor, ensuring consistency and efficient design. On the 5th floor, there are two larger apartments of 107 sq.m. and 116 sq.m. The total residential area amounts to 1,419 sq.m., consisting of 18 brand-new apartments, all of which include parking spaces and storage rooms, adding significant value and functionality. In addition, the property features extensive commercial spaces with a total area of 2,299 sq.m., currently fully leased and occupied, distributed across the ground floor (568 sq.m.), mezzanine (693 sq.m.), semi-basement (159 sq.m.), first basement (472 sq.m.), and second basement (400 sq.m.), ensuring stable and long-term rental income. The lease agreement has a duration of 16 years, with an initial rent of €17,000/month during the first year, €18,000/month in the second year, and thereafter an adjustment based on inflation plus 1%, along with an additional 3% of turnover as a bonus. The current monthly rent is approximately €19,000, with total potential returns, including the turnover bonus, reaching up to €50,000/month, making this property a highly attractive and secure investment opportunity with strong yield potential and long-term stability. ***Tekton Properties Real Estate, Tel: +306944831817, email: tekton@tektonproperties.gr***