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Properties and projects for sale in
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Irakleous 22, starting from €495,000

Irakleous 22, Kallithea 176 71, יוון, Thessaloniki, Greece

Expected occupancy date: May 2025

Logo of Oculus Estate

Project developer:

Oculus Estate

1 floors

4 apartments

About the project

Income-Generating Property – 4 Residential Units After Full Renovation In the heart of the developing Kallithea neighborhood, on a quiet and sought-after street, an income-generating property is offered for sale, with a total size of approximately 200 sqm, divided into 4 independent residential units. All units have undergone a full and high-quality renovation – including new infrastructure, flooring, kitchens, bathrooms, electrical, and plumbing systems. The property is currently fully leased and generates a continuous and stable return. It is sold as a single unit and represents an excellent investment opportunity with stable cash flow and potential for value appreciation. Property Features: Total area: Approximately 200 sqm 4 independent residential units, each approximately 50 sqm Full, high-standard renovation Leased and generating stable income Sold as a single unit Why Kallithea? Kallithea is one of Athens' largest and most sought-after neighborhoods, with particularly high demand for rental housing from young people, students, and families. The neighborhood is located between the center of Athens and the coast, with high accessibility to public transportation, educational institutions, restaurants, shops, and community services – making it an ideal area for stable and profitable investment.

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Project location

Irakleous 22, Kallithea 176 71, יוון, Thessaloniki, Greece

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Apartment types

1 rooms

50 sqm

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2 rooms

51 sqm

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About the developer: Oculus Estate

The Greek real estate market is very attractive and presents many opportunities for foreign investors, from small apartments in Athens to buildings and commercial opportunities in various locations, and even a house on an island beach or student housing near a university. Oculus management includes a local Greek real estate expert and a foreign real estate investor, who have teamed up to address the challenges and leverage the opportunities and potential that the Greek property market offers. The main goal of Oculus is to meet the investor's desires and support the process from start to finish, with a complete solution.

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Project developer:

Oculus Estate

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Key metrics

New price per sqm

-

Used price per sqm

€1,883

Monthly rent

€451

Gross yield

6.98%

Investor info in

is a area in סלוניקי and the surrounding area with an area of 0.1 sq km. Currently, most listings in the area are 120+ sqm, but there are other sizes available. Average used price per sqm is about €1,883 with a gross yield of 7% Learn more about the neighborhood

Price list for area

Price per sqm

Total price

sqm

Used price per sqm

Monthly rent

120+

€1,622

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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.