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 high yield 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
• Veranda: 1 veranda 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.

Contact Us:

For more information or to schedule a viewing, please get in touch. We are here to provide additional details and assist with any inquiries you may have.

Experience the charm and investment potential of this renovated property in the heart of Tsinari.