Building for Sale

€ 1,500,000
878 m²

Note

Listing updated on 10/31/2025
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: EK-9264361

In a prime, high-visibility location on a central road in Kallithea, this standalone building of 900 sq.m. sits on a 410 sq.m. plot and offers a strategic mix of existing yield and future upside. Featuring a ground-floor commercial space and three upper residential floors, the property includes a setback garden (praisia) and two private parking spaces. Property Layout: Ground Floor: Commercial store 244 sq.m. (with lease contract until September 2025). 1st Floor: A1 – 115 sq.m. front-facing apartment, rented until February 2026. A2 – 112 sq.m. interior apartment, currently vacant 2nd Floor: B1 – 121 sq.m. front-facing apartment, rented until February 2028. B2 – 112 sq.m. interior apartment, rented until August 2026. 3rd Floor: C1 – 121 sq.m. front-facing apartment, rented until February 2028. C2 – 53 sq.m. interior penthouse unit, currently vacant Highlights: Gross built area: 1.000 sq.m. Plot size: 410 sq.m. Current monthly income: €3.700 (up to €4.700) Occupancy: 4 out of 6 residential units rented Upside potential through renovations, re-letting, or redevelopment Excellent for: -Yield investors seeking stable returns with upside -Developers targeting conversion to modern apartments or serviced units -Hybrid use scenarios (retail + residential or office) Located in a vibrant area with strong demand from students, professionals, and local employees, this building offers both steady cash flow and future value growth. It can also be offered as just the upper-floor building without the ground floor shop (€1,150,000). Important Notice: In order to protect the interests of the property owners and ensure a proper process, presentation of a valid ID or passport and signing of a property indication form is required prior to disclosing the address or scheduling a viewing.
Features
Contract
Sale | Income property
Type
Building
Surface
878 m²
Building floors
3
Garage, car parking
2 in shared parking
Availability
Available from 16/06/2025
Other features
  • External exposure
  • Exposure south
Price information
Price
€ 1,500,000
Price per m²
1,708 €/m²
New
Energy efficiency

Energy consumption

Ε

Additional options

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