1-bedroom apartment for sale

An outstanding opportunity to acquire a fully operational apartment building in the highly sought-after area of Prodromos / Christopolitisa, just moments from Radisson Blu and key city amenities.

This well-maintained building offers 443 m² of covered area on a 595 m² plot, combining immediate rental income with excellent future development potential.

🏘️ Property Breakdown

12 Apartments Total

6 × 1-Bedroom Apartments

6 × 2-Bedroom Apartments

Separate title deeds available for all apartments and the land

💰 Current Rental Income

1-Bedroom units: approx. €600/month

2-Bedroom units: approx. €700/month

8 units already rented

Current monthly income: ~€4,600

With full occupancy, the building has the potential to generate €7,800+ per month, offering an estimated ROI of approximately 5%–6%, with clear upside through rental increases or full occupancy.

📈 Investment Potential

High rental demand in a central location

Opportunity to increase income over time

Potential to build an additional 3 floors, significantly increasing value and returns

Ideal for long-term investment or development project

📍 Prime Location

Near Radisson Blu Hotel

Close to shops, cafes, schools, and services

Easy access to main roads and city center

✨ Key Features

Covered Area: 443 m²

Plot Size: 595 m²

Elevator access

Bright, functional apartments

Flexible investment with individual title deeds

💎 Why This Property Stands Out

✔ Immediate income with existing tenants

✔ Strong ROI with future growth potential

✔ Development opportunity (additional floors)

✔ Prime location in high-demand area

✔ Rare chance to own an entire residential building

💰 Price: €1,900,000

This exceptional investment is proudly presented by Lextrus Real Estate.

📞 Contact us today to arrange a viewing or receive full details.