Apartment, 375 sq.m.

Renovated Property for Sale in Historic Tsinari Area – Approx. 375 sq.m. Total Space

Property Overview:

Located just a 2-minute walk from Tsinari Square, this large renovated property embodies the mansion style characteristic of the historic Tsinari area. The property consists of a ground-floor apartment built in 1994 with an area of approximately 175 sq.m., and a semi-basement space of approximately 200 sq.m.

Property Details:

Total Rooms: 5 rooms

• • Rental Units: 3 rooms ready for short-term rental with strong income potential.
  • Owner’s Suite: 1 unit previously occupied by the owner, consisting of 2 rooms.

Bathrooms: 4 modern bathrooms
Kitchens: 4 kitchens with built-in appliances
Balcony: 1 balcony providing outdoor space.

Additional Features:

• • Independent oil heating with 4 boilers
  • Air conditioning units in all rooms
  • Security door for enhanced safety
  • Wooden floors adding warmth and elegance
  • Elevator in the basement for transportation use only
  • Additional Kitchen located in the basement

Renovation and Condition:

The property was renovated in 2020 with the intent of accommodating guests, particularly tourists, for short-term rentals. Despite the renovation concluding shortly before the pandemic, the property has recorded excellent income and profit over the past three years.

Investment Potential:

• Short-Term Rentals: The property is currently set up for short-term rental use, making it ideal for platforms like Airbnb and Booking.com.
• Flexible Use: The space can be easily converted into a single large residence or continue operating as multiple rental units.
• High Demand Location: Being in the historic Tsinari area, the property benefits from high tourist interest and steady rental demand.

Location Highlights:

• Historic Area: Situated in Tsinari, known for its traditional architecture and cultural significance.
• Proximity to Amenities: Only a 2-minute walk to Tsinari Square, close to local shops, cafes, and restaurants.
• Easy Access: Well-connected to public transportation and major city attractions.

Don’t Miss Out:

This unique property offers a rare opportunity to invest in a historic area with proven rental income. Whether you’re looking to continue its use as a profitable short-term rental or convert it into a spacious private residence, this property provides versatile options to suit your needs.

Please Note:
Address Disclosure: The exact address mentioned in the advertisement is indicative of the property’s vicinity and not the actual one.
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Information Accuracy: The information and characteristics of the property have been registered based on the information and data provided by the owner.
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Map Disclaimer: The point on the map does not correspond to the property’s actual address.
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Legal Requirement: Presentation of a police ID or tax registration number is necessary when showing the property, according to Law 4072/11-4-2012 Government Gazette 86A.