Airy Frontage Bright On Corner AirConditioning Solar water system Trees

Kos Chora, Residence complex For Sale, 435 sq.m., Property Status: Very Good, Floor: Ground floor, 2 Level(s), Heating: Personal, View: Cityscape, Building Year: 1980, Energy Certificate: D, Floor type: Tiles, Type of door frames: Aluminum, Features: For Investment, Airy, Roadside, Bright, On Corner, AirConditioning, Solar water system, Trees, Distance from: Airport (m): 22000, Seaside (m): 350, City (m): 500, Price: 1.100.000€. Parveris Real Estate, Tel: 2242027407, email: info@parverisrealestate.gr

Excellent investment opportunity within Kos Town

A notable complex comprising residential and commercial units is for sale, situated in a prime location within Kos Town. This property offers multiple development possibilities, suitable for commercial use as well as long-term rental or tourism-related operations.
The existing complex spans two levels—ground floor and first floor—and consists of the following:

Ground Floor
Retail unit (183 sq.m.)
Second retail unit (34 sq.m.)
Two-room studio apartment (33 sq.m.)
Independent ground-floor residence (60 sq.m.), with the potential for an additional 60 sq.m. of construction.

First Floor
A total of five studio apartments:
Three single-room studios (27 sq.m. each).
Two two-room studios (32 sq.m. each).

Additionally, the sale includes the air rights for the second floor (343 sq.m.), offering significant potential for the further development of the property. The complex's location within Kos Town, combined with the large number of independent units, two retail spaces, and additional building potential, makes it a highly attractive investment opportunity.
The property is an ideal choice for an investor looking to combine commercial and residential spaces within the same complex, offering the potential for multiple income streams and future development.
A versatile property in a prime location in Kos Town, offering significant potential for utilization and development.