Investment Opportunity in the Heart of the City – Fully Renovated 4-Unit Building (183 sq.m.)
Located in the city center, in the Plateia Alysidas area, this unique property offers a rare opportunity for high-yield investment in one of the most sought-after neighborhoods.
The building, originally constructed in 1960 and fully renovated in 2023, has a total area of 183 sq.m. on a 117 sq.m. plot and is configured into 4 independent apartments:
🏠 1 Studio Apartment – 35 sq.m.
🏠 1 Apartment – 55 sq.m.
🏠 2 Apartments – 45 sq.m. each
Each unit is modern, fully refurbished, and move-in ready, featuring:
Solar water heater
A/C Inverter units in all rooms
Energy-efficient aluminum frames with thermal break and insect screens
High-quality tiled floors throughout
📈 Investment Highlights:
Airbnb revenue potential: approx. €9,000/month (avg. €300/day during summer months)
Long-term rental yield: approx. €1,200/month total
Completely renovated – zero maintenance costs required
Its prime central location, within walking distance of shops, cafes, and public transport, makes it an ideal choice for short-term rentals, student housing, or mixed residential use.
💡 Perfect for investors seeking a turnkey property with excellent ROI in a growing urban market.
- ID
- 18544011
- Area
- 183 m²
- Price per m²
- € 1,503
- Neighborhood
- Vounaraki (Lesvos - Mitilini)
- Zone
- Residential zone
- Rooms
- 4
- Floor
- Ground floor
- Construction year
- 1960
- Renovation year
- 2023
- Heating System
- Individual Heating (Current)
- Energy class
-
D
- Levels
- 2
- Kitchens
- 4
- Living rooms
- 4
- Bathrooms
- 4
- Status
- Renovated, Painted
- Type
- Investment, Student home, Short term rental
Features
- Distance from sea (m): 500
- Storage space
- Balcony
- Airy
- Lot size: 117 m²
- Solar water heating
- View
- Air condition
- Without Monthly shared expenses
- Frames Type: Aluminum
- Secure door
- Road type: Asphalt
- Facade
- Window Screens
- Glass Type: Double Glass
- Floors Type: Ceramic floor tiles
- Bright