Commercial property, 1138m², Attica (Athens Center), 1.100.000 €

A 5-storey commercial building in excellent condition, soon to be converted into 28-units student accommodation – both studios and one-bedroom apartments. located in the heart of Athens - the vivacious capital. High, inelastic demand; remarkable lack of supply; a strong upside potential; a market with an accelerated growth. As you will see below, this project has all the elements of a great investment. The 1,138-sqm property at Kritis street has an operating elevator as well as a basement, a ground floor, three additional floors, and two separate entrances. Moreover, the property has yet to exploit its remaining construction rights by expanding to an additional 150 sqm.

Basement of 241sqm Ground floor of 241sqm: Entrance, shop Mezzanine floor of 86sqm 1st and 2nd floors of 389: Classroom, office spaces, 2 WC on each floor 3rd floor of 169sqm: Classroom, office spaces and 2 WC Roof of 12sqm: Lift engine room and exit to roof.

The residents of the Kolonos neighborhood, a pleasant residential neighborhood in close proximity to the Athens historical center, enjoy easy access to public transportation (including 2 metro stations) as well as to the city’s main academic institutions: close to the Old Academy of Athens, 600m from Omonia Metro Station and 650m from Metaxourgio Metro Station. Within short walking distance are the Karaiskaki Square and Metaxourgio – an artistic, fashionable neighborhood full of galleries, theatres, museums, restaurants, and cafes. Brown Hotel is reviving the historical hotel Sans Rival, to a new modern hotel with respect to its history.

We are not charging Brokerage Fee. The property is FSBO.

Contact us for more details and for a viewing (we're arranging on-line video tours of our properties with full explanation): +30 690 660 0655