An autonomous commercial office building with a total surface area of 2,585 sq.m., situated on an 876 sq.m. Plot, is offered for sale in a prime location in Palaio Faliro. This is a quality investment asset providing stable income and long-term lease security. The property extends across 9 levels and was originally constructed in 1991, while undergoing a comprehensive renovation in 2003, maintaining high operational and technical standards. The building is fully leased to a prominent public-sector institution of national importance, ensuring tenant reliability and income stability. Investment Highlights Annual Rental Income: 353,970 Long-Term Lease Agreement until Annual Rent Indexation: Cpi + 1% Fully Let Property Reliable Institutional Tenant Immediate Income Generation from Day One of Acquisition Building Breakdown Basement 444.04 sq.m. Auxiliary and storage areas Parking facilities Ground Floor 334.39 sq.m. Office space 1st Floor 313.11 sq.m. Office space 2nd Floor 333.71 sq.m. Office space 3rd Floor 333.71 sq.m. Office space 4th Floor 333.16 sq.m. Office space 5th Floor 230.40 sq.m. Office space 6th Floor 225.50 sq.m. Office space Roof Level 36.79 sq.m. Key Advantages The property combines all the characteristics sought by investors looking for stable returns and limited risk. Full occupancy, inflation-linked rental growth through annual Cpi + 1% indexation, a strategic location in Palaio Faliro, and the presence of a reliable institutional tenant create a high-quality investment opportunity. This represents a rare opportunity to acquire an income-producing commercial asset in one of the most rapidly developing areas of the Athens Riviera, offering stable returns and significant long-term capital appreciation potential.
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Property ID: 310109093956
Original Property ID: GRCCI-Ajruxvp9tkxty95g