An exceptional retail property with a total surface area of 551 sq.m. Is offered for sale in a prime high-visibility location on a central avenue in Glyfada, one of the most prestigious and rapidly growing commercial destinations in Athens' Southern Suburbs. The property is arranged over three levels and is fully leased, providing immediate income generation and stable cash flow for investors. Property Features Total Area: 551 sq.m. Space Allocation Basement: 183 sq.m. (Auxiliary Storage Space) Ground Floor: 250 sq.m. (Retail Space) Mezzanine: 118 sq.m. (Retail Space) Year of Construction: 1983 Frontage Property Located on a Main Avenue Excellent Commercial Visibility Direct Access to Public Transportation and Major Road Networks Investment Highlights The property benefits from a secure lease structure and strong investment fundamentals, ensuring a stable and predictable income stream. Annual Passing Rent: 59,046 Rent Indexation: Cpi + 1% Next Rent Review Date: The CPI-linked rental adjustment mechanism provides protection against inflation while preserving the long-term value of the investment. Investment Advantages Immediate income generation through an existing lease agreement Prime location in Glyfada, one of the strongest retail and commercial markets in the Athens metropolitan area Extensive frontage and outstanding visibility Stable rental income with contractual rent indexation Strong capital appreciation potential driven by the ongoing development of the Southern Suburbs and the transformative Ellinikon Project Ideal for investors seeking long-term returns and secure income generation Executive Summary A rare opportunity to acquire a prime retail investment property in Glyfada, offering exceptional visibility, reliable rental income, and significant capital growth prospects. This asset is ideally suited for institutional and private investors seeking exposure to one of the most dynamic and sought-after commercial markets in Greece.
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Property ID: 310109093648
Original Property ID: GRCCI-Ahwfvypa2d03qfe3