3189 €/sq.m.
Located in one of the most popular spots of Palaio Faliro, a bright and exceptionally pleasant 58 sq.m. corner penthouse with open horizon views and a strong sense of space presents an excellent choice for both owner-occupancy and investment utilization. The property is situated on the 2nd floor and consists of a comfortable reception and living area, a separate kitchen, one bedroom, and one bathroom. Large glass surfaces and multiple openings provide abundant natural light, creating a feel of a much larger space than its 58 sq.m. suggest. Wooden flooring in the main rooms adds warmth to the residence, while aluminum window frames with double energy-efficient glazing, insect screens, awnings, a security door, and a video door entry system complete a setup that is in very good condition and ready for immediate use. Another significant advantage is the location. The residence is situated approximately 500 meters from the central market of Palaio Faliro, with direct access to tram and public transport routes, while the beach, sea, parks, squares, schools, and daily services are all nearby. An investment with multiple options Under long-term lease, the property can yield an estimated gross annual return of approximately 5.2%. At the same time, the location and features of the property allow for alternative utilization models, such as furnished medium-term or short-term rentals, offering potential for higher income depending on furnishing, pricing strategy, occupancy rates, and management. A property that can operate under different strategies: as a charming home in Palaio Faliro, a stable income-generating investment, or an asset with yield-optimization potential. - - - - - - - - - - - - - Take a 3D tour of the property , in the following link : https://my.matterport.com/show/?m=fqc39kei6do - - - - - - - - - - - - - €185.000. Property ID: 2541176. REMAX PROPERTIES INVESTMENT GLYFADA, contact phone: 2108942444, email: [email protected], website: www.remaxpi.gr
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