Property, 80 m² · Nea Smyrni

A fully renovated investment property currently designated for commercial use, measuring 80 sq.m., is available for sale on the 5th floor in Nea Smyrni, close to the border with Palaio Faliro. The property is suitable for the Golden Visa program, with the possibility of conversion from commercial to residential use.

This is a particularly attractive investment opportunity, combining contemporary design, high construction standards, and significant potential for future utilization. The property has undergone a complete renovation using high-quality materials, while the sale price includes the process/permit required for the change of use from commercial to residential, allowing for its conversion into a modern apartment.

The property is currently configured as a spacious open-plan area, featuring large glazed openings that provide abundant natural light, with the possibility of creating two bedrooms and a living room. It already features a fitted kitchen and a bathroom with shower and vanity unit.

The kitchen is equipped with a worktop, sink, mixer tap, and dishwasher. The bathroom features a vanity unit and shower, while plasterboard suspended ceilings have been installed both in the bathroom and throughout the remaining areas, further enhancing the property`s modern aesthetic.

The property features energy-efficient, thermally broken aluminium frames with double glazing, as well as shading systems. It is also equipped with dual roller blinds – blackout and see-through –, allowing flexible control of both natural light and privacy.

For heating and cooling, the property is equipped with an independent air-conditioning system. Hot water is provided through an electric instantaneous water heater, while the necessary piping has also been pre-installed for a solar water heater.

As part of the comprehensive renovation, a new electrical installation has been completed, together with pre-installed network infrastructure for an alarm system and security cameras. Additional features include a security door and a modern video intercom system.

Furthermore, external thermal insulation works have been carried out on the building, contributing to its improved energy efficiency.

Additional advantages include the right to construct a small storage room on the building`s rooftop terrace, as well as future vertical extension rights.

The combination of the complete renovation, potential conversion to residential use, modern energy-efficient features, and vertical extension rights gives the property a particularly strong investment profile. It may be utilized either by maintaining its commercial use or as a residence, suitable for owner occupation, long-term rental, or other investment purposes.

The property is situated in a particularly convenient location, offering easy access to major road networks and public transportation. Eleftheriou Venizelou Avenue and Aigaiou Avenue are both within close proximity, facilitating connections to central Athens and the southern suburbs. In addition, the Achilleos and Evangeliki Scholi Tram stops are located approximately 400 m from the property.

-For further information or to arrange a viewing, please contact us.
-In accordance with Law 4072/11-4-2012 (Government Gazette 86 A`), presentation of a police ID and Tax Identification Number (TIN) is required for property viewings.

P&Partners Real Estate
www.ppartners.gr
[email protected]
211 411 06 06