1-bedroom detached house to rent

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.