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Entryway with a brown wooden door, speckled floor, and a view into a kitchen with white cabinets and a window. The walls are light blue.

Investment ground floor apartment in Egaleo

€67,000
  • 1 Bedrooms
  • 1 Bathrooms
  • ~48 m² Total surface
  • ~48 m² Living area

Description

For sale in a quiet neighborhood of Egaleo, this 48 sq.m. ground-floor apartment combines strong investment potential with the possibility of owner occupancy, offering immediate access both to the city’s main destinations and to the municipality’s central road arteries. The property, originally built in 1958 and renovated in 1990, is located just a few meters below Athens Avenue and less than 1 km from Egaleo metro station, ensuring an ideal balance between peaceful living and urban convenience. The apartment consists of an open-plan living area combining living room, kitchen, and bedroom, as well as a spacious bathroom with additional storage space. Its layout maximizes natural light and enhances the sense of comfort. In addition, the property has access to a shared courtyard, which it shares with one other apartment. The location offers excellent connectivity to the western suburbs and the center of Athens, making it particularly convenient for those commuting both to Athens International Airport and toward Aspropyrgos and Elefsina. The property is primarily aimed at investors, offering the potential for rental yields that can approach 7% after renovation, as well as prospects for successful resale.
Features
Garden
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Engel & Völkers Athens MMC

Your advisor: Christos Balafas

Property ID: W-046ZGA

Property details
  • Object type

    Flat

  • Condition

    Needs renovation

  • Bedrooms

    1

  • Bathrooms

    1

  • Total surface

    ~48 m²

  • Living area

    ~48 m²

  • Usable surface

    ~48 m²

  • Garden surface

    ~8 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1958

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Electric heating

Location: Egaleo, Attica

Egaleo is located in the Western Sector of Athens and is only 6 km from the city center. It borders with the Municipality of Athens, Peristeri and Chaidari, and the municipalities of Nikaia - Agios Ioannis Rentis, Ag. Varvara and Moschato - Tavros. Unique Features: Egaleo is one of the most famous municipalities of Athens, as it dates back to antiquity. Until a few years ago, Egaleo was the capital of West Attica; as a result, the city was home to several public services. Its long historical background, as well as its inexhaustible beauty, make Egaleo one of the most popular municipalities as today it combines history with tourism and entertainment. The bustling and popular Agias Lavras pedestrian area, as well as Markou Botsari street, offer many options in restaurants and cafés ideal for friendly and family gatherings. Preserving the aroma of a traditional district, Egaleo is one of the most rising areas of Athens. Accessibility: In the most central part of the municipality, the well-known Eleftherias square is located where also the metro station is to be found, being an easy and fast central transit axis for all visitors from all over Athens, as it is only 10 minutes away from the capital’s most historical point of interest, Monastiraki. Investment Dynamics: Its close distance from the center of Athens combined with the access to the metro and the commercial development in the surrounding area, make Egaleo ideal for investments.

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