For sale Ground Floor Shop 54 sq.m. Faliro Center Thessaloniki

Thessaloniki, Faliro: For sale Ground floor corner shop 27 sq.m., with basement 27 sq.m. which is connected by an internal staircase. One side of the 8 m. is in communal green, between 2 apartment buildings. Dimensions 3.3 m x 8 m and height 3.8 m. Located very close to the old Archaeological Museum (GENI Mosque). It is 400 meters (5 minutes on foot) from the Eukleidi Metro station of Thessaloniki. This fact makes it an ideal property to convert into an independent loft, with a target group of salaried students and short-term rental (AIRBNB). Similar lofts in a privileged area are comfortably rented from 350 to 450 € / month = 4,500 – 5,000 € per year. Acquisition cost: 50,000 purchase + 5,000 tax-expenses + 15,000 conversion – renovation – equipment costs = €70,000. With an annual income of 6.5% – 7% of the acquisition capital, it is considered a very good investment opportunity. Attached 2 photos with loft conversion proposals. (SRT76976)