Commercial property in Athens, Greece, 650 m²

Greece. For sale - 650 m2 building in Athens 1,350,000 € Object code 14131 Area 650 m2 Land area 359 m2 Location Attica (Greece) | Glyfada (Athens - South) Year of construction: 1973 Year of renovation: 2010 Distance to the sea: 2000 m Distance to the airport: 18 km Services Elevator Garage for sale is a 3-storey building located on one of the main thoroughfares of Athens, in the Glyfada district, the southern business district of the capital. Glyfada is one of the most modern and well-maintained southern suburbs of Athens. Its territory is located 15 km from the Greek capital Athens and stretches from the foot of Mount Hymettus to the coast of the Saronic Gulf. For many years, Glyfada has been considered the business center of this area of Greece, due to its convenient location relative to the water and rich commercial potential. The second and third floors are rented out and generate a profit of 1,600 euros per month. The proposed investment project provides an opportunity to receive income in the amount of 5.27% per annum from renting. When calculating the profitability, all expenses for the purchase and registration of real estate (including court costs and tax on the transfer of ownership), as well as obtaining a guaranteed rental value of 1,600 euros, were fully taken into account. Real estate is an investment, as it can bring the owner a high and stable rental income. We will sell your apartment or house. There is a choice of apartments and houses in various budgets, including commercial ones.