Building 1
Yield Percentage
30.22%
sale p. after renovation
Initial Purchase Pr.
€1,100,000
rooms
floor
square meter
1200
neighborhood
Exarchia
Status
Investment Project
about the property
This is a high-quality new building framework located in a central area, requiring only finishing work. The building includes two basement floors designated for parking, which can be sold or leased. Parking spaces in Athens are in high demand and can command excellent prices.
Above the parking levels, there are an additional six floors that can be used for commercial or residential purposes. The building can be renovated to become a hotel or Airbnb apartments. Each apartment in the building faces both the street and the rear of the building.
Additionally, there is ample parking nearby if the building is converted into a hotel or Airbnb apartments.
The building was spotted by Rea Lev Ari, who has working relationships with dozens of brokers in Athens, allowing Lar Homes to offer the building to its investors. With the professional construction expertise of Moshe Ben Hamo, Lar Homes can professionally complete the required finishing work, as well as the architectural and interior design, transforming it into a high-yield asset for investors.
Key Features
Prime central location, Parking available for sale or rent, High rental yield potential