Gazi Building 685sq

Gazi - Metaxourgio - Votanikos, ATHENS CENTER, Greece

For Sale

€1,350,000

REF: 903405 €1,350,000


239 m2

Description

Gazi Building 685sq.m. At a distance of 2 minutes from the Kerameikos Metro, 5 minutes from the pedestrian street of Ermos. On a plot of 239 sq.m. The floors are divided as follows: basement 60 sq.m., Ground floor store of Sanitary interest 203 sq.m., 1st Floor Sanitary interest 203 sq.m., 2nd floor 203 sq.m.

The ground floor of the building together with the basement and 1st floor is designed as a shop. A restaurant-bar license is available, which is transferred together with the property. On the ground floor there is a kitchen area (with its equipment), a bar area and a WC for the disabled. In the basement there is a kitchen area, 1 WC and storage rooms.

On the 1st floor, which is connected to the ground floor via an internal staircase, there is a spacious room with openings on both sides, with separate entrance / exit to the etc. stairwell and elevator. There are also separate Men-Women toilets (4 wc in total) and sinks, as well as foyers at the end of the internal staircase.

On the 2nd floor there is an office-apartment and an apartment of about 82sqm that functions as a short-term rental accommodation. The first and second floors could be easily converted into 6 small apartments. The terrace, 200sqm, has a metal pergola, and has a wonderful view to the Technopolis and the Acropolis.

It is possible to extend the building by about 30sqm on the roof based on the new Building Regulations Price (1350000 ) Property Code 205756 *** In order to indicate the property, it is
Gazi Building 685sq.m. At a distance of 2 minutes from the Kerameikos Metro, 5 minutes from the pedestrian street of Ermos. On a plot of 239 sq.m. The floors are divided as follows: basement 60 sq.m., Ground floor store of Sanitary interest 203 sq.m., 1st Floor Sanitary interest 203 sq.m., 2nd floor 203 sq.m.

The ground floor of the building together with the basement and 1st floor is designed as a shop. A restaurant-bar license is available, which is transferred together with the property. On the ground floor there is a kitchen area (with its equipment), a bar area and a WC for the disabled. In the basement there is a kitchen area, 1 WC and storage rooms.

On the 1st floor, which is connected to the ground floor via an internal staircase, there is a spacious room with openings on both sides, with separate entrance / exit to the etc. stairwell and elevator. There are also separate Men-Women toilets (4 wc in total) and sinks, as well as foyers at the end of the internal staircase.

On the 2nd floor there is an office-apartment and an apartment of about 82sqm that functions as a short-term rental accommodation. The first and second floors could be easily converted into 6 small apartments. The terrace, 200sqm, has a metal pergola, and has a wonderful view to the Technopolis and the Acropolis.

It is possible to extend the building by about 30sqm on the roof based on the new Building Regulations Price (1350000 ) Property Code 205756 *** In order to indicate the property, it is
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Property on Map

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Currency Exchange

Gazi - Metaxourgio - Votanikos, ATHENS CENTER, Greece

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,350,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,350,000 £1,118,219 £1,160,258 £42,039
Property Price € €1,350,000
Minimum cost in the last six months £1,118,219
Maximum cost in the last six months £1,160,258
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,039

Gazi - Metaxourgio - Votanikos, ATHENS CENTER, Greece

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,350,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€1,350,000 £1,118,219 £1,160,258 £42,039
Property Price € €1,350,000
Minimum cost in the last six months £1,118,219
Maximum cost in the last six months £1,160,258
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,039

The exchange rate on the day you make an offer on your property in Greece will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £42,039 more.

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