Prime commercial investment property in Glyfada Stryctured Disposal

 
Prime commercial investment property in Glyfada

Prime commercial building for sale in Glyfada with annual rental income of €170,000.

Location

The property is located at the center of Glyfada, at 250 m from Plateia Esperidon, the most central commercial point of Glyfada and 200 m form the prime retail zone of Aggelou Metaxa Ave. It benefits from high visibility to Plateia Nimfon located at 35 m from the property.

Local property market features increasing demand from high net worth individuals for prime residential properties. Also, the center of Glyfada has showed very strong demand for commercial properties that has resulted in continuous rise in rental values for the last three years.

Building

Modern commercial building constructed in 2008 in Glyfada, the key urban area of Athenian Riviera. The property features modern design and provides high level of accommodation quality and operational capacity. The ground floor is leased to a very popular restaurant and the floor is used as office space.

Level

Use

Gross Surface Area (m²)

Basement (-2)

9 parking spaces

300

Basement (-1)

Storage

280

Ground floor

Restaurant

200

Mezzanine

Restaurant

22

1st Floor

Offices

187

Loft

60

Total

1,049


Rental Income

The total passing rent can reach €170,000 p.a., however the estimated rental value (ERV) is €219,000 p.a.


Transaction

Atria Property Services S.A. part of CBRE affiliate network is exclusively retained to market the property for sale acting only on behalf of the seller.


Contact listing agent
Konstantinos Plessias
+30 213 0169 516

Property info

Headline Laodikis St., Nimfon Square, Glyfada
Property Type Building, Retail
Property Sector Retail
Transaction Type Sale
Size 1,049
Levels 5
Address Laodikis St., Nimfon Square, Glyfada, Attica
Structured Disposal Yes
Price / Rent Upon Request

Location

Prefecture ATHINON
Neighborhood Πλατεία Νυμφών

Map