4-room flat excellent condition, third floor, Glyfada - center, Glyfada

Investment Opportunity – Acquisition of 50% Interest in a Premium Property in the Heart of Glyfada This is a high-quality investment property located in a prime position in Lower Glyfada, one of the most sought-after areas of the Athens Riviera. Its central location offers immediate access to Glyfada’s commercial center, public transport, dining, retail amenities, and the coastline, making it a highly attractive asset with long-term value. The apartment is situated on the 3rd floor and has a total surface area of 140 sq.m., offering spacious and bright interiors. It comprises three bedrooms, including one master bedroom, two bathrooms, an additional guest WC, a large living room, and a fully functional kitchen. The open aspect and well-designed layout enhance comfort and livability. The property was originally built in 1985 and renovated in 2001, remaining in very good condition. It features wooden flooring, aluminum window frames with double glazing, autonomous oil heating, air conditioning, solar water heater, boiler, and radiators. The energy efficiency rating is Class D. Additionally, the property includes two parking spaces in the pilotis, a significant advantage for the area, as well as access to a garden. The investment offering αφορά the acquisition of a 50% undivided ownership interest in the property, providing immediate income potential. The apartment is currently leased at €1,800 per month, with a clear possibility of renewal at €2,200 – €2,500 per month, in line with current market conditions. This ensures stable cash flow from day one, along with strong upside potential in rental yield. With a total property price of €390,000, this opportunity represents a well-balanced investment combining a premium location, large surface area, existing rental income, and solid prospects for capital appreciation. It is ideal for investors seeking security, consistent returns, and long-term value in one of Greece’s strongest real estate markets.