Details:
Commercial real estate investment property in central Athens, Greece.
17 rented apartments with garage.
Rental income €80,000
Return on investment 8% yield.
Rental rates range from €270 to €550 per month, depending on the size of each apartment.

The building was erected in 1972 in a modern style and was initially constructed to serve as a school.
It did not function as a school and subsequently, until 2002, operated as an art gallery, music hall, and offices.
It was renovated in 2002 and 2007 to provide parking space for cars and two-wheelers in the basement.
The fundamental concept is to offer a well-equipped, friendly, and cultured environment for people planning to live in Athens for a defined
period of time, for work or studies.
Since October 2010, the building has provided services on the -3 floor, in a 178 sq.m. space for lectures, art exhibitions, small
theatrical performances and musical events, a shared lounge and bar, library, and home cinema systems. (Also equipped with a
ping-pong table).
The ceiling height of the apartments is 3m, large modern openings offer an abundance of space and light, all apartments are
organized and furnished in a friendly manner.