Description
Property Code: -2662125. INVESTMENT OPPORTUNITY IN ARTEMIDA (LOUTSA), GREECE
Two Renovated Apartments with Rental Income Potential
Asking Price: €320,000 | Total Area: 94.51 sq.m.
A turnkey investment opportunity combining two independent apartments, existing short-term rental activity, and a strategic location close to the sea, Athens International Airport, and Rafina Port.
Offered for sale exclusively as a single investment package, these two independent, fully renovated and furnished ground-floor apartments are located in Artemida (Loutsa), East Attica, Greece.
Fully renovated in 2020 and equipped with furniture and household appliances, the properties offer an attractive opportunity for investors seeking a rental investment with flexibility, convenient access to essential amenities, and the potential togenerate income without the need for immediate renovation or furnishing expenses.
PROPERTY DETAILS
Apartment 1: 47.19 sq.m.
Apartment 2: 47.32 sq.m.
Total internal area: 94.51 sq.m.
Floor: Ground floor
Year of construction: 1971
Year of renovation: 2020
Energy efficiency rating: C
Two independent residential units
Separate kitchen and bathroom in each apartment
Air conditioning
Built-in wardrobes
Fully furnished and equipped
Shared courtyard with landscaped greenery and a seating area
Basement storage space
Both apartments are sold fully furnished and equipped, providing a convenient starting point for continued rental exploitation, subject to applicable legal and regulatory requirements.
LOCATION & DISTANCES
The property enjoys convenient access to public transportation, the beach, shopping facilities, schools, supermarkets, restaurants, and entertainment venues.
200 m – Bus stop
500 m – School
1 km – Beach
1 km – Local shops and commercial area
8 km – Rafina Port
8 km – Athens International Airport (Eleftherios Venizelos)
The combination of coastal living and access to major transport connections makes the location attractive for different categories of tenants and visitors.
INVESTMENT HIGHLIGHTS
1. Two Independent Units – Greater Flexibility
The acquisition of two separate apartments within one investment package offers flexibility in property management and rental strategy, allowing the investor to evaluate different uses for each unit.
2. Existing Short-Term Rental Operation
The apartments are currently operated as short-term rental accommodation and have Greek Short-Term Rental Property Registry Numbers (AMA). This provides an existing operational framework for the prospective buyer to evaluate, subject to verification of the relevant registrations and compliance with current regulations.
3. Strategic Location in East Attica
The proximity to the beach, Athens International Airport, and Rafina Port enhances the property's appeal to visitors, travelers, and tenants seeking convenient access to the wider Athens area.
4. Multiple Rental Strategies
Potential rental strategies include:
Short-term holiday and visitor accommodation
Long-term residential rentals
A combination of short-term and long-term leasing
The most suitable strategy will depend on market conditions, operating costs, and applicable regulations.
5. Renovated, Furnished and Equipped
The 2020 renovation, existing furnishings, and household equipment reduce the need for immediate capital expenditure on refurbishment and initial setup, subject to the property's condition at handover.
FINANCIAL OVERVIEW
Asking price: €320,000 for both apartments
Total area: 94.51 sq.m.
Indicative price per square metre: approximately €3,386/sq.m.
Sale exclusively as a single investment package.
Historical rental income, occupancy figures, and operating expenses can be made available to seriously interested buyers, by arrangement, to support an informed assessment of the property's investment performance.
A READY-TO-EVALUATE INVESTMENT OPPORTUNITY
An investment property combining two independent residential units, a completed renovation, full furnishings, existing short-term rental activity, and convenient access to key amenities and transport connections.
An attractive opportunity for investors seeking a flexible rental property in a coastal area of East Attica, with the potential to generate income and adapt to changing rental market conditions.
Asking Price: €320,000 — Both apartments to be sold together only. weCan real estate Chalandri, contact phone: 2110016800, 6934880004, email: info@wecan-realestate.gr, website: www.wecan-realestate.gr