Description
Unique Invesrment Building For Sale, in the area of Syntagma ,.
Six floors plus ground floor and basement. Total 9,000m2 of which 7,800 above ground.
The ground floor consists of shops that are rented to very reliable tenants with a total income of € 2,300,000 per year.
Rental of upper floors in a public interest company with an annual income of € 1,080,000. It used to be (and may be) a hotel of about 260 rooms.
It is actually one of the best buildings in the center, next to Syntagma
Prerequisite for any transaction is the prior identification of the buyer and an official LOI, along with a PoF from a reputable bank. In the case of Stenhus we do not need it
DESCRIPTION
The building was built, in its original form, in 1907, based on plans by a French architect, for account of Alexandros Afentoulis.
The construction was undertaken by the civil engineer Elias Angelopoulos, while the facade was also supervised by civil engineer A. Balanos.
It is considered the first construction of reinforced concrete in Greece and it is interesting that, while with the new material it was possible to support the balconies,
as well as roofed accommodation, the property required marble fences and tiled roofs, which suggests that the prevailing mentality was not ready to accept the aesthetic consequences of
technological developments.
After the war (1950), two floors were added and a radical exterior and interior renovation of the existing building (only the supporting body was preserved), by the architect Emmanuel Voureka (1905-1992), with a style that Professor Eleni Fessa-Emmanuel describes as “classic-modern”, and which dominated the “prestige buildings” of the private sector in the 1950s.
Address
- Property ID 5467
- Price 72,000,000€
- Property Type Buildings
- Property status For Sale
- Year Built 1907
- Size 9,000 m2
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