Laurel : The Building
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