Investment property, suitable for residence and commercial space in Votanikos

€590,000

10 Rooms
4 Bathrooms
~350 m² Total surface
~350 m² Living area
~130 m² Plot surface

Description

In a highly central and prominent location in Votanikos, just a few meters from Iera Odos and with easy access to the historic center, this 350 sq.m. corner property offers excellent development potential. The building consists of two ground-floor retail shops with great visibility and two spacious floor apartments that stand out for their stately atmosphere and vintage architecture, featuring original mosaic flooring and high ceilings. While it requires renovation, the property presents multiple possibilities for redesign—ideal for either private use or investment purposes (e.g. tourist apartments, residences, or commercial spaces). The area is undergoing rapid revitalization, especially with the anticipated development of the Metropolitan Park by the Municipality of Athens, which will include green spaces, sports facilities, and modern commercial infrastructure, an upgrade that is expected to significantly increase local property values.

Features

Balcony

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Alexandra Konstantinou

Property ID: W-02U8HQ

Location: Athens, Attica

Votanikos is a neighbourhood located in the central part of Athens, Greece. Unique Features: The area is a rapidly developing area that is popular among young professionals and artists. Votanikos is known for its lively atmosphere, with many trendy cafes, bars, and restaurants, as well as street art and murals. The neighborhood is also home to a number of cultural institutions, including the Onassis Cultural Center, which hosts concerts, exhibitions, and other events. Accessibility: Votanikos has a good public transportation connection. The neighborhood is well connected to the rest of Athens by a network of buses and trolleys, as well as the metro, with several stations located within walking distance. This makes it easy to get to other parts of the city, including the central business district and tourist attractions. Investment potential: Votanikos is a rapidly developing neighborhood that is gaining popularity among young professionals and artists, and as a result, property values are likely to continue to rise. Additionally, the neighborhood's central location, excellent public transportation options, and lively atmosphere make it an attractive option for renters and buyers alike.