Building for Sale

Investment Building with 10% Net Annual Return and Guaranteed Payback in a Decade Located in the historic heart of Pythagoreio, Samos, in the most picturesque and touristically developed part of the island, this exceptional independent building of 222.80 sq.m. is available for sale. The property spans three levels and is delivered fully furnished, offering an immediate solution for either a private residence or high-standard tourist exploitation. Its prime location, just 50 meters from the sea and adjacent to the main pedestrian street, ensures easy access to all points of interest while maintaining the tranquility of a traditional neighborhood. The architectural layout is dual-aspect, offering maximum functional autonomy. The ground floor consists of a complete apartment with two spacious bedrooms, a large kitchen, a hall, and two bathrooms, featuring a beautiful private courtyard with independent rear access. The first floor hosts an autonomous studio with its own external staircase, while the second floor features a full-floor apartment with two bedrooms, a living room, a dining area, and balconies with serene views. The third level includes an additional room and a large terrace that can easily be converted into a roof garden with Aegean views. Additionally, a second independent studio enhances the building's hospitality potential. From an investment perspective, this property is a rare opportunity as it allows for division into up to five independent rental units, ensuring high returns through short-term rental platforms. The steady tourist demand of Pythagoreio and the scarcity of buildings of this size near the beach guarantee timeless investment value. The building combines construction quality with a strategic location, offering an ideal mix of personal use and business profitability. Boutique-style Hotel Unit: The existing layout allows for immediate separation into 4 to 5 independent accommodations (Airbnb/Booking), maximizing yield per square meter. Combined use: Ideal for owner-occupancy in the floor apartment while simultaneously exploiting the other 3 units, ensuring a stable annual income that covers the purchase payback. The conversion of the roof into a leisure area significantly upgrades the commercial value, making it a privileged spot on the regional tourist map. Proximity (50m) to award-winning beaches and the cosmopolitan pedestrian zone guarantees high occupancy throughout the tourist season. Price: €310,000