Apartment Building in Germasogeia Tourist Area

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!