Commercial Office Building For sale, Monemvasia

Commercial Office Building For sale, Monemvasia

Investment Opportunity in High Growth Tourist Location

A unique investment opportunity awaits inside Europe’s oldest continuously inhabited castle town. Situated in the stunning historic city of Monemvasia in the southeastern Peloponnese region, this commercial property is truly one of a kind.

Located approximately 4 hrs south of Athens, this remarkable property lies immediately within the castle walls which date back over 1450 yrs ago. Recently renovated to the specifications of the Ministry of Culture due to the castle’s archaeological significance, this property offers an opportunity to own a piece of history.

It is comprised of two independent levels with a total area of 90 square meters (Ground floor shop of 40 m² and first-floor apartment of 48 m²)and is ideally suited to a variety of commercial ventures. With an expected ROI of 6-7% and property values poised to continue a year over year increase of 7-10%, this investment opportunity is not to be missed.