Unique two-bedroom penthouse in Kypseli

The neighborhood of Kypseli developed in 1930 with the construction of family houses and the first Bauhaus, Art Deco, and modernist architecture in Athens. It was one of the most aristocratic and upscale areas to live in. In the 1980s, the real estate market in Kypseli declined as many residents moved to the northern suburbs of Athens. Around 2009, Kypseli was rediscovered. An international and cosmopolitan movement brought on by Airbnb activity began to revive the real estate market, bringing new residents to the area. Prices started to rise, and the impending metro line will further increase property values. Kypseli has become an up-and-coming area of Athens, a lively neighborhood with cafes, restaurants, theaters, and a vibrant nightlife. Kypseli offers a warm neighborhood, cultural diversity, and progressive social activity. The central market of Kypseli, the timelessly beautiful Fokionos Negri, now a pedestrian street, is one of the most popular and distinctive streets not only in Kypseli but also in Athens.