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.
