Residential Building in Exarchia for sale. ID AB-1547

Exarchia, Athens, Greece

€3,280,000

Description

Residential Building in Exarchia for sale. Strategically located in the vibrant heart of Exarchia, Athens, this standalone seven-story residential building is a lucrative real estate investment opportunity in one of the city's most sought-after districts. Built in 1970 and spanning 1,193 sqm, this income-generating property comprises 17 apartments and three ground-floor retail spaces, blending residential and commercial real estate for maximum rental yield. The building has undergone continuous renovations, ensuring that all units remain modern, comfortable, and attractive to tenants. With an average rental price of €11 per sqm, this high-yield investment property delivers stable rental income, making it a profitable real estate asset in Athens' city center. Additional features include autonomous electric heating, elevator access, and a well-maintained structure, enhancing the building’s appeal to both long-term renters and business owners. Located in Exarchia, a neighborhood renowned for its cultural energy, artistic scene, and urban vibrancy, the property offers easy access to public transportation, major landmarks, universities, and commercial hubs. This prime Athens investment property is an excellent choice for investors looking for rental income, capital appreciation, and real estate portfolio growth in Greece's thriving property market. Residential Building in Exarchia for sale. Location Information: Exarchia is one of the most authentic and liveliest areas in the center of Athens located between Omonia and Panepistimiou Ave. The small neighborhood consists of cozy cafes and traditional Greek taverns serving delicious meals. Small restaurants, known as mezedopolia with live Greek music are hidden in the narrow streets of Exarchia but they are the best places to enjoy the folklore music of Athens. Underground bars and nightclubs for all music tastes can be discovered here. During the 1960s-1970s, Exarchia used to be the cultural center of the town, where most of the Greek artists, poets, and writers lived. Today, it is known as a fashionable, easy-going place attracting mostly young people. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.