More EFKA assets up for sale

The database of properties that the Single Social Security Entity (EFKA) is putting up for utilization done concession tenders is perpetually growing. 

EFKA has 517 properties successful its portfolio, with an estimated value of implicit 1.5 cardinal euros. Of these, astir 200 big the fund’s services.

The latest summation concerns a gathering located astatine the intersection of Praxitelous and Paparrigopoulou streets, successful the halfway of Athens. This is simply a repetition tender, with akin terms to the archetypal and the anticipation that this clip there will beryllium involvement from the market.

Like astir buildings promoted during this play done tender procedures, this 1 is besides considered suitable for conversion into a hotel. Based connected the terms of the tender, the tenant indispensable person proven acquisition and expertise successful the cognition and absorption of astatine slightest 1 edifice oregon tourism accommodation with a capableness of 15 rooms oregon more. Therefore, the tender is addressed to companies successful the hospitality industry. This is simply a listed building, with three floors and a total country of 1,152 square meters. It was built successful 1910 successful the neoclassical style. The contractor indispensable instrumentality a minimum concern of €1.5 cardinal for the reconstruction of the property. The deadline for submitting bids is March 19.

On May 7, bids are besides expected to beryllium submitted for the erstwhile TSMEDE gathering connected Kolokotroni Street. This is simply a 4,213 sq.m. property, besides of a listed nature, built successful 1938. The minimum magnitude of the required concern by the backstage idiosyncratic has been acceptable astatine €4.5 million. The minimum monthly rent has been acceptable astatine €4,000.

The third gathering for which a tender has been announced this year is different listed one, with an country of 1,833 sq.m. connected Voulis Street, which, being adjacent to Syntagma Square, is considered top-pick and suitable for edifice use. A minimum concern of €3.5 cardinal will beryllium required.

Also, connected Stadiou Street, the improvement of a historical listed building, of 3,336 sq.m. and a typical illustration of the neoclassical architectural question of 19th period Athens, is being promoted.