Apartment Building in Germasogeia Tourist Area

Investment
For Sale
Ref no.2024-5840
Contact
€4,200,000
  • Bedrooms: 12
  • Bathrooms: 30
  • Toilets: 30
  • Living Rooms: 30
  • Kitchens: 30
  • Floors: 3
  • Status: Resale
  • Year of Construction: 1998
  • Furnished: Unfurnished
  • Title Deed: Yes
  • Covered: 1277 m²
  • Covered veranda: 93 m²
  • Plot: 1432 m²

The Property House proudly presents this prime investment opportunity: an apartment building located in the highly sought-after "tourist area" of Germasogeia. The property is strategically positioned within walking distance to the beach and a variety of amenities including supermarkets, shops, restaurants, and offers easy access to the highway.

Property Details:

Plot Size: 1432 m²
Condition: Requires full renovation
Potential Use: Ideal for both long-term and short-term rentals

Apartment Breakdown:

One Bedroom Apartments:
9 units with a covered internal area of 53 m² (each with a covered veranda)
3 units with a covered internal area of 54 m² (each with a covered veranda)

Studio Apartments:
6 units with a covered internal area of 39 m² (each with a covered veranda)
6 units with a covered internal area of 36 m² (each with a covered veranda)
1 unit with a covered internal area of 38 m² (no veranda)
5 units with a covered internal area of 30 m² (no veranda)

This property presents a fantastic opportunity for investors looking to capitalize on the thriving rental market in a prime location. The potential for high returns through both renovation and strategic rental management makes this an attractive proposition.

For more information, please contact us!

Facilities

  • Elevator
  • Parking, Covered

Features

  • Balcony
  • Bright
  • Corner
  • Easy access to highway
  • Easy access to main roads
  • Garden, large
  • Heart of city center
  • Near amenities
  • Near bus route
  • Quiet Area
  • Rental Potential
  • Walking distance to beach

Distances

400 m
Amenities
65 km
Airport
400 m
Sea
300 m
Public Transport
1 km
Schools
300 m
Resort

Managing agent

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