Fully renovated investment building with private garden and rooftop

An exceptional investment opportunity in the vibrant heart of Neapolis–Exarchia, this distinguished 1948 villa—originally constructed by renowned Athenian furniture design firm Dimitris Varangis—has undergone a €200,000 renovation in 2026, restoring its architectural character while transforming it into a premium dual-unit residence ideal for both short-term hospitality or long-term leasing. Spanning 372 sqm across two levels and a semi-basement - with the ability to build four additional floors of 479 square meters of living space. This property is comprising two independent apartments with AMA (short-term rental registration), fully renovated and furnished to boutique hotel standards. The ground-floor apartment features 3 bedrooms and 3 en-suite bathrooms, with exclusive use of a private garden. The first-floor apartment offers 4 bedrooms with 4 en-suite bathrooms and exclusive use of a rooftop garden. There is also the potential to add an additional 4 floors, bringing the total buildable area to 479 sq.m. Property highlights: ● Ready-to-rent: Both apartments are fully equipped for use (2026) on Airbnb, boutique hotel platforms, or as high-yield long-term rentals ● Modernized infrastructure: upgraded electrical panel, new flooring, painting, and more ● Retains original 1948 charm with refined modern comforts ● Quiet yet central Neapolis–Exarchia location, close to universities, hospitals, and museums ● Separate entrances for each unit for maximum privacy and rental flexibility ● Ability to add four extra floors to a maximum height of 21 meters and 479 square Meters This is a rare opportunity to own a fully revitalized historic property in one of central Athens most dynamic and culturally rich neighborhoods—perfect for discerning investors seeking income-generating real estate with character and quality.