Building for sale close to Syntagma and Ermou St. in Athens, Greece Featured Stryctured Disposal

 
Building for sale close to Syntagma and Ermou St. in Athens, Greece
Building for sale close to Syntagma and Ermou St. in Athens, Greece
Building for sale close to Syntagma and Ermou St. in Athens, Greece

Building complex in the historical center of Athens

Overview
1,518 m² property located just off the prime shopping street of Athens, Ermou St. and the Syntagma Square where the House of Parliament is located.  Buildings need full renovation, however, the property affords great add-value potential given its competitive price and the central location in the Historical Center of Athens and close to Monastiraki, Plaka and Acropolis the "must see" sights of Athens. The property can be converted into apartments or a boutique hotel with retail and f&b units. The complex consists of two buildings, a 30’s building at 44, Perikleous St. and an older one at 5, Thiseos St. Both occupy a land plot of 471 m².

Building 1: 44, Perikleous St.
On the ground floor there are two leased retail units (La Stampa & Stone Stories) with an effective annual income of €33,600 approximately.  Upper floors include four apartments and are accessible via two entrances on Perikleous St. Need renovation and lift installment The building has a covered walkway – galleria with entrance at Perikleous St. that leads to the atrium of building 2 at Thiseos St.

Building 2: 5, Thiseos St.
Stone-wall building with neoclassical architectural features. Needs full renovation and structural reinforcement.

Contact listing agent
Konstantinos Plessias
+30 213 0169516
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Property info

Headline 1,518 m² property just off the prime shopping street of Athens and the Syntagma Square
Property Type Building, Residential, Multifamily
Property Sector Residential
Transaction Type Sale
Size 1,518
Levels 5
Address 44, Perikleous St. & 5, Thiseos St.
Structured Disposal Yes
Price / Rent 1,500,000

Location

Prefecture ATHINON
Neighborhood Historical Center
Traffic Axis Syntagma

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