Commercial apartment building in Athens, Greece, 2 080 m²

Greece. Athens. Commercial building.
For sale - 2,080 m² building in Athens
Zografou - Center
€4,200,000
2019 €/m²
• Property ID 65498
• Area 2,080 m²
• Location Zografou - Center (Zografou) | Athens - Center (Attica)
Details
• Year built: 2026
• Area: 2,080 m²
• Floor type: tiles - wood
• Distance from the sea: 7,600 m
• Distance to the airport: 26 km
• Parking
• Elevator
• Storage
• Garage
A 2,080 m² building in Athens is for sale. The property has solar panels for hot water, awnings, and heating. The building has an elevator. The property includes a parking space and a garage. Premium Investment Opportunity – Entire Multifunctional Building in Ilisia-Zografou, Athens.
Introducing a rare, turnkey investment opportunity in one of Athens' most sought-after neighborhoods. This six-story building combines immediate income, diversified income streams, and long-term capital growth. Ideal for investors, developers, or real estate investment funds, it offers a unique combination of residential, commercial, and parking under one roof. Key Property Features
• Six floors with a total area of ​​2,080 m²
• 27 fully rented studios with stable income
• Commercial space on the ground floor with a mezzanine providing excellent visibility
• Two basement floors with 16 parking spaces in a high-demand area
Detailed Area
• Residential space: 1,031 m²
• Commercial space: 295 m²
• Underground parking (16 spaces): 754 m²
Current Rental Income (fully leased)
• Studios: €15,500/month
• Commercial space: €4,500/month
• 16 parking spaces: €1,714/month
️ Total Monthly Income: €21,714
Annual Gross Income: €260,568
Gross Yield: ~6%
This diversified income profile provides stable cash flow and significant growth potential through rental optimization, short-term rentals, or conversion to serviced apartments/student housing (subject to permits).
Selling Price
€4,410,000 – Entire Building
Why this building is ideal for investors and developers
️ Fully operational property with immediate cash flow
️ Diversified income streams: residential, commercial, and parking
️ Prestigious location in Ilisia-Zografou with high rental demand
️ Ready for renovation or value enhancement
️ Excellent accessibility and visibility in central Athens
️ Potential for value increase through modernization, short-term rental, or commercial redevelopment
This is a rare, high-quality investment opportunity in central Athens. With stable current income, flexible development options, and a strategic location, the property is ideal for investors, developers, or institutional buyers seeking long-term growth and high returns.
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