For Sale - Building 2080 m² in Athens

For sale building of 2080 sq.meters in Athens. The building has 8 levels. The property offers a view of the city. There are: solar panels for water heating, air conditioning, awnings, heating. The owners will be leaving the furniture with the sale. Building has an elevator. Extras included with the property: parking space, garage.

Investment Opportunity – Entire Mixed-Use Building

in Ilisia – Zografou, Athens

A rare, ready-to-invest opportunity is presented in one of the most sought-after urban areas of Athens.

This six-story building combines immediate income generation, diversified revenue streams, and long-term capital appreciation. Ideal for investors, developers, or real estate investment funds, it offers a unique mix of residential units, commercial space, and parking facilities under one roof.

Property Highlights

• Six-story building with a total surface area of 2,080 sq.m.
• 27 fully leased studio apartments with stable income
• Ground-floor commercial space with mezzanine, offering prime retail frontage
• Two basement levels with 16 parking spaces in a high-demand area

Surface Breakdown

• Residential Units: 1,031 sq.m.
• Commercial Space: 295 sq.m.
• Underground Parking (16 spaces): 754 sq.m.

Current Rental Income (Fully Leased)

• Studios: €15,500/month
• Commercial Space: €4,500/month
• 16 Parking Spaces: €1,714/month

➡️ Total Monthly Income: €21,714

Annual Gross Income: €260,568

Gross Yield: ~6%

This diversified income profile ensures stable cash flow while offering significant upside potential through rent optimization, short-term leasing, or conversion into serviced apartments/student housing (subject to licensing).

Asking Price

💼 €4,200,000 – Entire Building

Detailed Floor Description

Basement Levels – Parking

• Lower Basement (376.95 sq.m.): Includes 9 spacious parking spaces, ensuring convenient access for tenants.
• Upper Basement (376.95 sq.m.): Includes 7 additional parking spaces (Total: 16 spaces).

Commercial Unit (Retail Space)

• Ground Floor (197.30 sq.m.): Main commercial area with wide, premium frontage, ideal for food & beverage, retail, or customer service offices.
• Mezzanine (70.95 sq.m.): Auxiliary or office space directly connected to the ground floor, enhancing functionality.

Residential Levels – Studio Apartments

1st Floor (5 Apartments):

• Apt A1: 29.80 sq.m.
• Apt A2: 47.40 sq.m. (second largest studio)
• Apt A3: 48.70 sq.m. (largest studio)
• Apt A4: 33.85 sq.m.
• Apt A5: 31.85 sq.m.

2nd Floor (5 Apartments):

• Apt B1: 29.85 sq.m.
• Apt B2: 35.30 sq.m.
• Apt B3: 35.35 sq.m.
• Apt B4: 33.65 sq.m.
• Apt B5: 31.60 sq.m.

3rd Floor (5 Apartments):

• Apt C1: 30.50 sq.m.
• Apt C2: 33.20 sq.m.
• Apt C3: 28.90 sq.m.
• Apt C4: 35.90 sq.m.
• Apt C5: 30.45 sq.m.

4th Floor (4 Apartments):

• Apt D1: 31.95 sq.m.
• Apt D2: 33.30 sq.m.
• Apt D3: 32.10 sq.m.
• Apt D4: 30.05 sq.m.

5th Floor (4 Apartments):

• Apt E1: 28.20 sq.m.
• Apt E2: 27.35 sq.m.
• Apt E3: 28.35 sq.m.
• Apt E4: 28.65 sq.m.

6th Floor (4 Apartments):

• Apt F1: 28.20 sq.m.
• Apt F2: 27.35 sq.m.
• Apt F3: 28.35 sq.m.
• Apt F4: 28.65 sq.m.

Why This Property is Ideal for Investors & Developers

✔️ Fully operational, income-producing asset with immediate cash flow

✔️ Diversified revenue streams: residential, commercial, and parking

✔️ Prime location in Ilisia – Zografou with high rental demand

✔️ Ready for renovation or value repositioning

✔️ Excellent accessibility and visibility in central Athens

✔️ Strong value-add potential through upgrades, short-term rentals, or commercial restructuring

The above information is based exclusively on information provided by the property owner to our company, which are subject to any typographical errors or price change by him.
PURSUANT TO LAW 4072/2012, IN ORDER TO VIEW THE PROPERTY, IT IS NECESSARY TO PROVIDE YOUR ID AND TAX NUMBER WHICH MUST BE INDICATED IN THE DEMONSTRATION AGREEMENT.
The indication on the map does not indicate the exact location of the property but the general area in which it is located. For any other information contact us.