2 bedrooms Apartment for sale in Lemesou 42 Agia Sofia

In Agia Sofia, Patras, one of the city's most established and consistently sought-after areas for student and residential housing, a complete investment package of four apartments with a total area of 182 sq.m. is offered for sale, providing immediate rental income and excellent prospects for further growth.

This is an investment opportunity that stands out, as the new owner acquires four independent residential units that are already leased, generating a current monthly income of €1,400. From the very first day of ownership, the property functions as an income-producing asset, without vacancy periods or the need to search for tenants.

The two studio apartments of 28 sq.m. are located on the first floor and represent highly attractive options for students, young professionals, and single-person households. Their layout includes a bedroom, kitchen, bathroom, and balcony, offering a complete and functional living environment.

On the second floor are two apartments of 63 sq.m. each, designed to maximize comfort and practicality. Each unit features a separate bedroom, living room, kitchen, bathroom, storage room, and two balconies, appealing to a broader tenant audience and supporting long-term rental stability.

Built in 2008 and maintained in very good condition, the property offers all the features sought by today's rental market. The apartments include aluminum frames with double glazing, central oil heating, air conditioning, solar water heating, boiler, radiators, security doors, insect screens, elevator access, and electrical appliances. They are bright, fully furnished, and ready to continue generating income without additional investment.

The true strength of this opportunity lies in its location. Agia Sofia remains one of the safest and most reliable choices for investors targeting the rental housing market. Constant demand from students, employees, and young professionals creates a market with long-term absorption and stability. Its proximity to the University, easy access via suburban railway and public transportation, and direct connection to the city center make the area a permanent reference point for tenants seeking accommodation.

A bus stop is located just 160 meters away, a supermarket 170 meters away, the local commercial district 200 meters away, and the suburban railway station 500 meters away. The sea is only 600 meters away, the University 6.7 kilometers away, the hospital 4.6 kilometers away, and the Port of Patras 7.6 kilometers away. Schools, parks, squares, restaurants, cafes, shops, and everyday amenities are all within walking distance.

It is important to note that the current rental income should not necessarily be considered the property's maximum earning potential. The fact that one of the units already operates as a short-term rental demonstrates the opportunity for further revenue growth, while the continuously increasing demand in the area creates favorable conditions for future rent adjustments and improved returns.

This is a rare investment opportunity combining immediate income, risk diversification through four independent residential units, and a location that consistently ranks among the top choices within Patras' student and rental housing market. A property designed to generate income from day one and maintain strong demand over time in an area where the need for quality housing remains consistently high.

Property Data
Property ID2466815
Bedrooms: 4
WC/Baths: 4
Kitchens: 4
Living Space: 182.00 m2
Price/m2: 1978.02 €
Year Built: 2008
Levels: 1
Floor(s): 2nd
Heating: Central heating
Heating Method: Petrol
Energy class: Class B
Distance from Sea: 600 m
Distance from Transportation: 160 m
Distance from Plaza: 400 m
Distance from Airport: 238 km
Distance from Port: 7.6 km