Building for Sale

EXCLUSIVE LISTING Investment Building for Sale in Nikaia – Ideal for 2 Golden Visa Units + 1 Additional Property - Estimated Net Profit €207,000 An exceptional real estate investment opportunity in Nikaia, located just 600 meters from Nikaia Metro Station. The property consists of an entire building with a total surface of 251.88 sq.m., built on a 65.70 sq.m. plot, distributed across basement, ground floor, first floor and second floor. The asset offers a clear and structured investment strategy, allowing the creation of two Golden Visa qualifying properties (each approx. €250,000 resale value) plus one additional residential unit that can generate immediate rental income or be sold separately. --- Property Specifications • Plot size: 65.70 sq.m. • Total building size: 251.88 sq.m. Breakdown per level • Basement: 64.38 sq.m. – Auxiliary/storage space • Ground floor: 64.38 sq.m. – Commercial space with potential conversion to residential unit suitable for Golden Visa sale • 1st floor: 64.38 sq.m. – Fully renovated apartment ready for Golden Visa resale • 2nd floor: 58.74 sq.m. – Residential apartment --- Investment Potential • Ground Floor (after conversion): Golden Visa apartment Estimated resale value: €250,000 • 1st Floor: Renovated apartment ready for Golden Visa investment sale Estimated resale value: €250,000 • 2nd Floor: Residential apartment Estimated resale value: €140,000 Alternative strategy: long-term rental income --- Property Usage & Sales Analysis Ground Floor – 64.38 sq.m. Current Use: Commercial space Investment Strategy: Conversion to residential unit eligible for Golden Visa investment Estimated resale value after conversion: €250,000 First Floor – 64.38 sq.m. Use: Fully renovated residential apartment Condition: Move-in ready or ideal for Golden Visa resale Estimated resale value: €250,000 Second Floor – 58.74 sq.m. Use: Residential apartment Current status: Rented Current rental income: €500 per month Estimated resale value: €140,000 Basement – 64.38 sq.m. Use: Auxiliary space (storage and building service areas) Not intended for independent sale. --- Total Investment Structure • Total acquisition price: €350,000 (Initial asking price €390,000) • Total estimated resale value: €640,000 • Estimated net profit: €207,000 • Estimated return on investment (ROI): 49.26% --- Existing Income • Monthly rental income: €500 (2nd floor apartment) --- Location Advantages • 600 m from Nikaia Metro Station • 5 km from the sea • 7 km from the Acropolis • 29 km from Athens International Airport --- Key Investment Advantages • Ability to create three separate properties • Two Golden Visa eligible units • Immediate rental income from one apartment • Located in a high-growth area near Piraeus • Flexible exit strategy: sell individually or retain for rental income --- Asking Price Building Sale Price: €350,000 (Initial asking price €390,000) Estimated Net Profit: €207,000 CITYHABITAT GOLDEN VISA GREECE REAL ESTATE - ****** SEPENTZIS t. 0030 2109844777 m. 0030 6936075216 i. @nikossepentzis w. Nikos_Visa_Greece e. goldenvisa@cityhabitat.gr s. www.cityhabitat.gr ΖΗΤΟΥΝΤΑΙ ΑΚΙΝΗΤΑ - ΑΜΕΣΗ ΠΩΛΗΣΗ. Αποκλειστικοί Αγοραστές από Κίνα, Ρωσία, Λίβανο, Τουρκία, Αίγυπτο, Συρία, Αραβικά Εμιράτα, Ιράν, Λιβύη, Ιορδανία κ.α. για την απόκτηση Χρυσής Βίζας - Golden Visa in Greece. - Νο 1 Αριθμός Πώλησης Ακινήτων στην Ελλάδα. - Επαγγελματική Παρουσίαση Ακινήτου. • Φωτογράφηση • Βιντεοσκόπηση • 360 Φωτογράφηση - Virtual Tou...