Building In Athens, Greece

For Sale - €14,500,000

Description

ATTRACTIVE INVESTMENT OF INCOME PROPERTY WITH R.O.I. 7% IN THE CENTER OF ATHENS GREECE. BUILDING 10.630 SQ.M. LAND 1.500 SQ.M. The new ultra modern building of 10.630 sq. m was constructed in 2010. Seven floors office building with a three floors underground parking. The total surface above ground 6.150,54 sq. m. The total surface of the 3 basements 4.479,00 sq. m. The building has been designed and constructed to very high standards. Located at a central point of Athens. Leased to a Greek Ministry (600 people). The contract expires on 31/12/2022. Although the Greek Ministry has repeatedly stated its intention to remain in the building by renewing now the lease, there is an opportunity for a new owner to convert it to a 5-star hotel.

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