Bulding for sale
€1,080,000
|
€1,770 per sqm
sqm
610
Rooms
4
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Nearby metro station as part of Nikaia
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Neighborhood insights
The neighborhood has a metro station, Nikaia, as part of line Athens M3.
Nikaia is a municipality with an area of 7.2 sq km. Average used price per sqm is about €1,913 with a gross yield of 5% On GREI there are 46 properties for sale in Nikaia from a wide range of local agencies.
Key metrics
New price per sqm
-
Used price per sqm
€1,913
Monthly rent
€616
Gross yield
4.82%
Airbnb
A registration number can be issued and the property may be rented short term legally. However, if this property is actually used for the Greek Golden Visa route, it cannot also be used as a short-term Airbnb rental.
Golden Visa
This property meets the visa threshold for a high-demand area (Tier 1).
Disclaimer: This property assessment is calculated automatically from available listing data and is only an estimate. It does not guarantee actual eligibility or licensing outcome and should be verified with local counsel and the relevant authorities.
Airbnb
Short-term rental is allowed subject to AMA registration. Note: new Golden Visa properties in Greece are broadly barred from Airbnb.
Golden Visa
The investment threshold is EUR 800,000 for a single property of at least 120 sqm. Long-term rental only (no Airbnb).
Disclaimer: Regional information is indicative only, may change, and should not be treated as legal, regulatory, tax, or investment advice. Please verify with the relevant authorities.
Property description
Commercial building For Sale, Nikaia: 4-level commercial building, total area 610 sq.m. in a prominent location. It is developed on 4 levels (ground floor-1st-2nd-3rd floor) with 4 main commercial areas, kitchen and 6 WC, ideally covering the needs of demanding professional uses. The property was built in 1978 and was fully renovated in 2018, featuring energy class C and modern functionality and safety specifications. It is equipped with heating, air conditioning and A/C pre-installation, structured cabling, internal staircase, elevator and 10 sq.m. storage room. The aluminum frames with double glazing, tiled floors in all areas and the security door enhance the quality and durability of the construction. The building has a 10-meter facade, ventilation, security shutters, a pre-installed alarm system, security cameras and fire detectors, offering a high level of protection. It is located in a commercial area, with easy access (650m from the metro) with intense pedestrian and vehicle traffic and the presence of various professional activities, which significantly enhances its visibility and functionality. It is a comprehensive and reliable professional solution of high standards, ideal for corporate offices, medical and diagnostic centers, educational institutions or any activity that requires prestige, excellent organization and increased security. At the same time, it is an excellent investment choice, with prospects for stable performance and long-term capital appreciation, thanks to its strategic location and the quality characteristics of the construction. There is a possibility of selling the floors and in parts. Price €1,200,000
Property details
sqm
610
Rooms
4
Year built
1980
Price per sqm
€1,770
Renovated
No
Energy rating
C
Property code
2169196
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Price list for municipality Nikaia
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
€2,193
€12
40-64
€1,777
€9
65-89
€1,912
€7
90-119
€2,037
€7
120+
€1,711
€4
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.