Description
Positioned in the heart of Tripoli’s commercial district, this investment property offers an exceptional opportunity in one of the Peloponnese’s most active urban centres.
The building sits on a 400 sqm plot and is designed across three levels:
- Ground floor: Four retail units with direct street access, benefiting from steady footfall and visibility.
- First floor: An additional commercial unit, currently leased and providing stable rental income.
- Second floor: An unconverted 230 sqm open-plan space, ideal for conversion into short-stay apartments or offices. With minimal investment, this level has the potential to significantly increase revenue, particularly through platforms such as Airbnb.
At present, the property secures a 5% annual yield, with scope for much higher returns once the upper floor is developed. Its location within Tripoli’s main commercial hub ensures long-term tenant demand and consistent passing trade.
About Tripoli, Greece
Tripoli, the capital of Arcadia in the Peloponnese, is a vibrant regional city with a blend of history, culture, and commerce. Surrounded by the dramatic landscapes of Mount Mainalon, it serves as a central hub connecting the surrounding mountain villages with the coastal towns of the eastern and western Peloponnese.
The city is known for its lively squares, neoclassical architecture, and an active local economy driven by retail, services, and education. Beyond its urban energy, Tripoli is only a short drive from picturesque stone-built villages, winter ski resorts, and hiking trails. Its central location makes it a strategic base for business activity as well as a lifestyle destination that combines tradition with modern convenience.
For investors, Tripoli represents an attractive balance between affordable property values, strong rental demand, and long-term growth potential in a city that anchors the wider Peloponnese region.
