Building for sale in Elliniko Athens. ID AB-1260

Elliniko, Greece

€1,400,000

Description

Building for sale in Elliniko Athens. This impressive building, located in the charming neighborhood of Elliniko within the sought-after Athens-Southern Suburbs, offers a prime opportunity for real estate investors. Built on a generous plot of 600 sq.m in 1982, this building presents a range of possibilities for redevelopment or refurbishment. Boasting a total of four floors, including a basement, ground floor, and two unfinished upper floors, the building offers a combined area of approximately 550 sq.m. The basement area spans 150 sq.m and provides valuable extra storage space or can be adapted to suit various needs. On the ground floor, there is a shop with an existing lease, generating 1500 income per month. Additionally, the first floor features two apartments, one measuring 110 sq.m with three bedrooms, and another 90 sq.m apartment that is currently unfinished. The second floor is also unfinished, leaving room for customization and adaptability according to your specific vision. Located in the vibrant area of Elliniko, this building benefits from its close proximity to a plethora of amenities. This neighborhood is renowned for its excellent transport links, making it easy to access key areas of Athens and the surrounding Southern Suburbs. Residents can enjoy a range of local shops, restaurants, and entertainment options, all within walking distance. Furthermore, the proximity to the coast offers the opportunity to enjoy beautiful beaches, making Elliniko an extremely desirable place to live or invest in. In conclusion, this spacious building in Elliniko combines a fantastic location with immense potential for redevelopment or refurbishment. Whether you choose to demolish and construct a new apartment building or renovate the existing structure to capitalize on the incredible location, this property offers a unique opportunity for investors seeking a lucrative venture in the booming Athens property market. Don't miss out on this exciting investment opportunity in Elliniko! Building for sale in Elliniko Athens. Location Information: Located on the Athens Riviera, Elliniko is the site of a large urban redevelopment project, which will include luxury homes, hotels, a casino, a marina, shops and offices, poised to change the quality of life of the Athens Riviera and of Elliniko residents in particular. A family-friendly seaside neighborhood that still retains its authenticity, Elliniko boasts easy access to beaches, cafes, restaurants and summer beach bars and clubs. Elliniko is conducive for both families, buyers looking to have returns on their investment, and single households as it is close to schools, cultural centres and marinas for those into sailing. The commercial hub of the southern suburbs, Glyfada is just 2 kms away and Athens’ only 18-hole golf course lies on the boundary between Elliniko and Glyfada. 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.