Details:

Building for sale in Athens, Greece.

Building with a built area of 800 sq.m. – 7 apartments in the building – requires renovation.

Located 200 m from the mega Elliniko Project:

Purpose: buy – renovate – resell.

Renovation period: 6–8 months.

Potential profit after renovation: 25%.

The Hellinikon Project, covering a total area of 6,200,000 sq.m., will become a new landmark for the city of Athens and a prominent destination for visitors and residents, one of the largest projects of its kind in Europe and the most ambitious development project ever undertaken in Greece. It has been specifically designed to have a positive impact on the local, regional, and national economy, by adding new investment, employment opportunities, and uses in key sectors such as tourism, culture, entrepreneurship, R&D, and environmental quality.

The Hellinikon Project offers Athens a tremendous opportunity to strengthen its position as a year-round tourism destination. The development will offer a significant number of new accommodation options, landmarks, and themed attractions and tourism facilities.

It is estimated that Hellinikon will attract over one million new tourists to the area, helping to significantly reduce seasonality and increase the average length of stay and spending per tourist.

The seafront will include a new public beach with free access, a world-class aquarium, and a state-of-the-art marina, all of which will serve as a series of new landmarks adorning the Athenian Riviera.

The integrated resort and science and research institutions will attract a new demographic of tourists to Athens; helping to establish Greece’s reputation as a leading tourism destination.