Details:

Building for sale in Athens, Greece.

In a sought-after, tourist-frequented location with stunning views of the Old Town and the Acropolis.

In Monastiraki, close to the metro station, with lease agreements, a building with a total area of 1,340 sq.m. divided into 2 sections.

Section A – Annual rental income of approximately €155,000:

• Basement level – 106 sq.m.
• Ground floor – 83 sq.m. shop + 45 sq.m. loft apartment leased until 2025, monthly rent of €7,600.
• 6th floor – 170 sq.m. + 28 sq.m. leased to a café, with a contract until 2029, monthly rent of €5,304.

Section B – Opportunity to develop a boutique hotel or short-term rental apartments:

• Floors 1 to 5: three floors of 163 sq.m. built area, two floors of 170 sq.m., totaling 831 sq.m.
• The floors are vacant and can accommodate approximately 20 boutique hotel rooms.

The building is sold together or each section separately,

• Total price: €5,200,000
• Section B only: €3,200,000