256 sqm multi-unit building · Makrygianni / Dionysiou Areopagitou

A rare income-generating asset in the heart of Athens — steps from Dionysiou Areopagitou and Makrygianni, one of the city's most prestigious and internationally recognised addresses, directly alongside the Acropolis Museum promenade.

The building comprises 4 self-contained apartments across 4 floors, totalling 256 sqm. Originally built in 1982 and substantially renovated in 2025, the property offers an investor the opportunity to complete the final finishing works to their own specification — and at their own cost basis — before immediately activating a high-yield rental portfolio in one of Athens' strongest short-term rental corridors.

Outdoor space is a standout feature: a terrace, patio and east-facing balcony frame unobstructed mountain views — a scarcity asset in central Athens that commands premium nightly rates and protects long-term resale value.

The Investment Case:

— 4 independent units — operate as 4 separate STR or long-term lets, maximising income diversification and reducing vacancy risk — Prime location — Dionysiou Areopagitou is among the most visited streets in Greece; STR demand is structural, not cyclical — 2025 renovation — major structural and cosmetic works completed; finishing costs are manageable and within the buyer's control — Terrace + patio + mountain views — commands significant premium on platforms like Airbnb and Booking.com

Ideal for: STR portfolio acquisition · Value-add completion play · Long-term capital appreciation