Property Code: 65-1650 - Building FOR SALE in Gizi - Pedion Areos Pedion Areos for € 4.200.000 . This 2000.00 sq. m. Building consists of 4 levels and features . The property also boasts unobstructed view, elevator, open space, internal staircase. The building was constructed in 1937 . Building Energy Rating: D Nearest metro station at 200 meters. One of the most beautiful pre-war Neoclassical examples in a corner property on a busy junction of Patision, close to the Archeological Museum of Athens. The building s architecture features are preserved in top condition and the property presents a very good hospitality investment in a area that attracts 1 million visitors per year because of the museum close by. The building is comprised over ground to 4th floor of around 400 m2 each, plus a lower ground area, which totals 2000m2 of size. It is an ideal investment for hotel rental/ yield asset. Those types of leases they dont require construction cost from the property owners, as the tenant does all the work. Lease potential 500-650 euro/room, which adds to around 18.000/month with out any cost (30-35 rooms). Also the ground floor shop can perform 60-70K/year. Total rental performance: 215.000 per annum. Yield: 6.5-7%. Strategy Mentor Real Estate Services www.strategymentor.com.gr www.strategymentor.gr