Apartment for sale Agios Sostis (Nea Smyrni), € 117,000, 49 m²

Fully renovated 50 sq.m. apartment located in a quiet residential area of Nea Smyrni, within walking distance of Nea Smyrni Grove and the Central Square.

The property comprises an entrance hall, living room, separate kitchen, one bedroom, and a spacious bathroom. Both the living room and bedroom benefit from balcony doors providing natural light and direct access to the front garden area of the building.

The apartment has been fully renovated and is ready for immediate occupation or rental without requiring any additional works.

Property Features:

• 50 sq.m.
• 1 Bedroom
• Fully renovated
• Modern kitchen
• Spacious bathroom
• Europa double-glazed windows
• Insect screens
• Shutters
• Balcony
• Access to front garden area
• Well-maintained residential building

Location:

• Approximately 250 metres from Nea Smyrni Grove
• Approximately 600 metres from Nea Smyrni Central Square
• Easy access to shops, public transport, cafés, and everyday amenities

Investment Opportunity:

The property benefits from an existing waiting list of prospective tenants interested in renting the apartment fully furnished at a monthly rent of €650.

Based on this rental level, the property has the potential to generate an annual rental income of €7,800. Proposed lease terms include a two-month security deposit and a 5% annual rental increase from the second year onwards.

The property represents an excellent opportunity for both owner-occupiers and investors seeking a renovated apartment in one of Athens' most established residential areas.