High yield apartment in Kolonos with 5% to 7% ROI

Located in Kolonos, one of Athens’ emerging residential and investment areas, this independent 30 sq.m. second-floor apartment, built in 1971, is offered for sale. The property enjoys a prime location within walking distance of Attiki and Larissis Metro Stations, providing fast and convenient access to Athens city center and enhancing its long-term investment value as well as its rental appeal.

The apartment requires full renovation, offering the new owner the opportunity to redesign and upgrade it according to modern market standards and contemporary compact living concepts. Its practical layout, strategic location and low operating costs make it an excellent choice for investment purposes.

Following renovation, the property is estimated to achieve a gross rental yield (ROI) of approximately 5% to 7%, whether through long-term rentals targeting students and young professionals or, where permitted, short-term rentals. This is an excellent investment opportunity for buyers seeking a low entry cost, strong capital appreciation potential and stable rental returns in an area with steadily increasing demand.