Engel & Völkers

Development project

Serviced Apartments Investment The Building

Price on request
  • 1 Residential unit
  • 1 Unit for sale

Equipment and special features of this development project

Investment building in Athens city center, Dafni, with annual yield from 6.5 to 7.5%. The building combines the commercial with the residential element as the first levels (basement, ground floor and mezzanine), with a total surface of 1,310 sq.m., have already been leased to a multinational retail company while the following three floors - 541,65 sq.m. each - consist of a total of 57 serviced/student apartments, 19 per floor and a common roof garden on the rooftop of the building. 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 : early 2025

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Engel & Völkers MMC Greece

Your advisor: Athina Vakali

Project ID: D-000KMO

1 Unit for sale

Dafni, Attica, Greece

Laurel : The Building

Price on request

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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Engel & Völkers MMC Greece

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EV MMC Greece S.A.

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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.

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