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reference: W-02R2O7
“The Harvest” is a property targeted for instant income to its new owners. It is an elevated ground floor property of 46 sqm that consists of an open plan with a kitchen, dining space, a living room area, a bedroom and a spacious bathroom. The property was renovated in 2019 and is being sold fully furnished and equipped. It has double glazed windows, air conditioning and electrical heating in both rooms. It has an excellent history in rental platforms, with 4.9 reviews and almost 100% capacity throughout the year, making an estimated yield of 8-9%. The clientele and the booking platforms profile could also be provided with the sale. Besides that, it could make an excellent office space, or an ideal apartment for bachelors and couples. The new metro station will be placed 200 meters away from the property. Location: Lying in the foot of Strefi’s hill and in close distance to Lycabettus hill, Exarcheia is located right in the heart of Athens neighboring Syntagma, the Historical Center and Kolonaki. Unique features: Exarcheia is a vibrant area full of vinyl record stores, bookshops, publishing shops, Universities, libraries, a community-created park, artful graffiti, cool bars, small restaurants with local food and coffee shops . It can be a great place to explore, with its quirky stores, picturesque small alleys, some of the most beautiful neoclassical architecture buildings, and a probably edgy yet vibrant cultural vibe. With a distinctly different vibe to any other part of town, Exarcheia has retained its old Greek charm while welcoming in a new artistic crowd. Neighboring Kolonaki area and just a few meters away from Syntagma square it is one of the most appealing areas in the city center. Exarcheia is rising up to a new era, becoming a sought after neighborhood of Athens. Accessibility: Extremely well-connected by 3 surrounding metro stations plus a new metro line scheduled to stop right in the center of the area. Bus services and trolleys connect Exarcheia to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses while the surrounding avenues make it an easily accessible destination from other areas. Investment potential: Its central location combined with the Universities of the area plus the upcoming new metro line make it an ideal area for investment.