Ilioupoli, Attica 16341

Prime Investment Property Fully Leased, No EncumbrancesThis is an investment opportunity in the Attica region, Ilioupoli area, with the following key highlights:Sole ownership of the entire building (single owner).Fully leased with strong rental contracts and reliable tenants.Lease agreements include annual rent escalations.High yield, currently exceeding 6% in relation to its asking price.Excellent condition, well-maintained, with a registered electronic building Id, and ready for energy efficiency upgrades.? Property OverviewThis is a modern, four-story investment property, consisting of six spacious apartments and three ground-floor retail units, generating consistent and long-term income streams. It is immediately income-producing and offers significant potential for capital appreciation through planned energy upgrades.? Building DescriptionApartmentsThe six apartments are bright, spacious, and well-designed with modern plumbing and electrical installations. Each features a kitchen area, living room, bedrooms, and generous balconies offering sea views on one side and views of Mount Hymettus on the other. Suitable for residential or professional use (e.g. Offices).Retail UnitsThe three ground-floor retail shops occupy a high-visibility commercial location, ideal for businesses seeking exposure to a high-quality clientele. They are currently leased under long-term agreements, generating stable rental income of 1, 5002, 000 per unit monthly, with 5% annual increases.? Investment PerformanceCurrent Rental Income: 130, 000 annuallyEstimated return: 5.5%6%Future Potential:Following planned energy upgrades, rental income could increase to 150, 000 per year, boosting return to 8%10%, supported by the upward real estate trends in Attica, especially the Southern Suburbs.Rental Stability:Long-term tenants (e.g., accounting firms, notaries) with excellent payment history add to the investments reliability.? Technical SpecificationsCondition: The property is in excellent condition both externally and in all common areas, with no immediate maintenance needs.Electronic Building Id: Fully documented, including separate digital IDs for each unit and retail space.Energy Upgrade-Ready: Eligible for government-subsidized energy efficiency programslowering operating costs and increasing asset value.? Location AdvantagesStrategically located with strong commercial exposure and residential appeal, the building benefits from:Proximity to main roads and public transportNearby shops, services, and amenitiesHigh demand for both residential and retail spaces due to locationBeautiful views from the upper floorsThis asset presents an ideal blend of income stability and growth potential, perfect for serious investors seeking long-term value.? Detailed Breakdown of AreasBasementPastry Workshop: 220.20 mCommon areas (staircase, boiler room): 26.36 mGround FloorShop I1 (Pastry shop): 83.28 mShop I2 (Caf): 59.62 mShared areas: 16.43 mMezzanineShop I1 mezzanine: 24.30 mIndependent office with separate entrance: 49.13 mFirst FloorApartment A1: 71.25 mApartment A2: 70.65 mShared areas: 15.73 mSecond FloorApartment B1: 93.23 mApartment B2: 58.84 mShared areas: 15.73 mThird FloorApartment C1: 71.25 mApartment C2: 70.65 mShared areas: 15.73 mRooftop (Terrace)Private rooftop space: 17.65 mShared rooftop area: 8.67 m