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Building 5 levels In Athens For Sale

Athens, Attica, Greece
Asking Price:
€2,300,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Building 828m2 In Athens In 5 Levels

A real estate property in Athens, Greece is currently for sale. The property is in Athens and specifically in Psyhiko, which is considered as one of the most affluent areas of Athens. The property is located on the first parallel road from Kifissias Avenue, which is the main commercial Avenue across Athens. The property is located less than 50m from a bus station and less than 100 meters from the subway, increasing footfall. The current tenant of the property is a well-established international medical clinic, which is backed by Swiss investors. The clinic been going through a high growth phase with presence in 20 additional locations in Greece, while currently assessing potential target companies to further expand through acquisitions. Property Information: The property is a stand-alone building, which was built in 2001 and is of total surface 828 s.qm split in:
2 underground floors (currently used as labs) of total 226sqm
Ground floor 82sqm
1st floor 76sqm
2nd – 3rd – 4th floor 141sqm each
5th floor 22 sqm

VAT free transaction. Expected net return with zero leverage amounts to 5%, with an assumed purchase by a legal entity.

Property Information

Real Estate:

Real Property Included

Location:

Palaio Psichiko - Athens

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