Exclusive

Listed investment property in the Historic Center

€520,000
  • 1 Bedroom
  • 1 Bathroom
  • ~176 m² Total surface
  • ~176 m² Living area
  • ~72 m² Plot surface

Description

In the historic center of Athens, at the corner of Voreou Street and Athinas Street, 220 m from Monastiraki Square, this unique listed investment property of 176 sq.m., dating from 1890, is located. The building’s façade was renovated in 2023, while the interior requires renovation.

The property consists of the ground floor, where there are two shops, and the 1st floor, where there is an apartment. The first shop comprises a basement of 55.70 sq.m., a ground floor of 42.20 sq.m., and a mezzanine of 12.50 sq.m. The adjacent shop is 12.50 sq.m. With a separate entrance you go up to the first floor, which is 53 sq.m., where the bathroom and a small kitchen are located.

A unique opportunity for those who want to invest in the historic center of Athens, converting it into a beautiful boutique hotel and achieving a high ROI.

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Engel & Völkers Athens MMC

Your advisor: Thomas Papakostas

Property ID: W-049NQQ

Property details
  • Object type

    Townhouse

  • Bedrooms

    1

  • Bathrooms

    1

  • Number of Floors

    2

  • Total surface

    ~176 m²

  • Living area

    ~176 m²

  • Plot surface

    ~72 m²

  • Usable surface

    ~176 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1890

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Athens, Attica

Monastiraki, located right at the foot of the Acropolis, was named after the monastery that once stood in its central square. A lively commercial and tourist district, Monastiraki is the heart of the city that never sleeps.

Monastiraki is Athens in a nutshell, where the ancient, the old, the modern and the kitsch come together to give it its unique character. There you will see history unfolding before you—from the Acropolis dominating the skyline to the Roman Agora and Hadrian’s Library from Roman times, to Byzantine churches and Ottoman mosques, beautiful neoclassical mansions and postwar architecture. It is a vibrant area for shopping, dining, nightlife, bars and galleries, where every small street leads to new and exciting options.

Monastiraki has the oldest metro station in Athens and excellent transport connections to the rest of the city. It is a 5-minute walk from Syntagma Square and Plaka. There are express trains and buses to the airport, taking approximately 50 minutes to 1 hour.

Investment potential: Monastiraki is located in the historic heart of Athens, an area that has always attracted strong interest from buyers and investors.

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Engel & Völkers Athens MMC

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