Engel & Völkers
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Laurel : The Building

Price on request

Development project

Serviced Apartments Investment The Building

  • 57 Bedrooms
  • 60 Bathrooms
  • 2,891 m² Total surface
  • 2,890 m² Living area

Description

Investment building in Athens city center, Dafni, with annual ROI ("Return of Invest") from 6.5 to 7.5%. The building combines the commercial element with the residential element as the initial levels (basement, ground floor and mezzanine, with a total area of 1,310 sq.m.) have already been leased to a multinational retail company while the next three floors - 541.65 sq.m. each - consist of a total of 57 serviced/student apartments, 19 per floor. The amenities provided include: - common roof garden - luggage storage - 24-hour security - laundry room in the basement This is a new innovative and clean investment product, which offers resale of the property in a short period of time and with a high ROI and is ideal for students and short-term leases. The property has a smart home system as well as certification for short term accommodation and all fire and health standards. Main points of the investment : - 100% occupancy all year round - professional management of the apartments - no utility bills - no management costs - high income collection from students and young professionals Key location : - just 400 m. from the metro station "Agios Ioannis" - 500 m from the metro station "Dafni" - 370 m from the academy of Athens Gymnastics Academy (TEFAA) - 75 m from cinema - 170 m from supermarket - 3 km from the center of Athens (Syntagma) *Property delivery : early2025

Features
Air conditionBalconyBasementBuilt-in kitchenGardenPatioSecurity systemElevatorAtticBuilt in wardrobeGymFurnishedWheelchair accessible
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Engel & Völkers MMC Greece

Your advisor: Athina zzzdeleteVakali

Property ID: W-02U4PK

Property details

Object type

Semi-detached House

Condition

Top

Bedrooms

57

Bathrooms

60

Floor

3

Number of Floors

6

Total surface

2,891 m²

Living area

2,890 m²

Energy efficiency information

Energy efficiency class

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Energy certificate available

Yes

Energy certificate type

Consumption certificate

Energy source

Central heating, Heat pump

Location: Dafni, Decentralized Administration of Attica

Location: Dafni is a municipal unit of the Municipality of Dafni-Ymittos and borders the areas of Nea Smyrni and Neos Kosmos. Unique Features: It is one of the smallest municipalities in Attiki. Dafni was one of the first areas of the southern suburbs to have its own metro line. The area is a few kilometers away from the center of Athens and is home to an active commercial pedestrian area with a number of restaurants. Also the Athens Metro Mall, a great shopping and entertainment center, is also located in a close proximity. Moreover, the Athens Gymnastics Academy (TEFAA) is located within the administrative boundaries of Dafni, and as a result a large number of students choose the area for their residence. Accessibility: The area of Dafni is served by many bus and trolley lines as well as Line 2 of the Athens Metro. Investment potential: The area is just kilometers away from the center of Athens, an area that always has great interest from buyers with guaranteed returns on investment.

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Serviced Apartments Investment The Building

Other units of this project

  • Laurel : The Building

    Dafni, Attica, Greece

    Laurel : The Building

    Price on request

Houses for sale in Dafni

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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place. EVMMC Greece A.E. ΑΦΜ: 801063999 ΓΕΜΗ:148231503000

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