Office for Sale

PAGRATI, Pagrati Park - Commercial Space 75sqm, elevated ground floor, in a building constructed in 1959. It is a leased commercial space, which operates as a medical office. The property is in excellent condition, with recent renovation (2024). It has wooden frames, air conditioning as a means of heating, laminate flooring type, security door. It is an investment property with active financial performance, which is also located in the most central location of Pagrati. The lease contract of the property has a 6-year horizon, starting in 2025, ending in 2031 and possible extension. The rent is set at 700 euros per month for the first 3 years, 800 euros in the 4th year, and a percentage increase of 3.6% per year from the 5th year. The property can achieve gross yields of more than 5%, which will improve annually with rent adjustments. Price €168,000 (code 2416) 2109518146 PFP HOME Real Estate