Investment neoclassical building at Larissa Station

€730,000

15 Rooms
7 Bedrooms
3 Bathrooms
~420 m² Total surface
~420 m² Living area
~310 m² Plot surface

Description

Excellent investment opportunity in central Athens. Three-storey neoclassical listed preserved building, built in 1930, fully renovated in 2015. Located just 100 meters from Larissa Station Metro. The building totals 480 sq.m. on a 310 sq.m. plot and includes a 135 sq.m. ground floor with 5 rooms, a 135 sq.m. first floor with 6 rooms, a 70 sq.m. roof level with terrace, and an 80 sq.m. basement. Each floor has an independent entrance, with internal access between them. In addition, the plot includes privately owned open parking for 10 spaces. A key investment advantage is the transferable building coefficient of 3.6, adding significant added value to the property. The building is already leased under a commercial lease, with guaranteed monthly income of €2,700 until February 2028, i.e., €32,400 per year. Ideal for an investor seeking guaranteed income with growth potential.

Features

Air-conditioningBalconyBasementGarden

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Vivi Charamara

Property ID: W-047U00

Location: Athens, Attica

The wider Larissa Station–Kolonos area in Athens appeals to discerning buyers seeking urban elegance, immediate connectivity, and access to the city’s business and cultural center. Everyday needs are served exceptionally: Larissa Station (Metro/Suburban Railway/trains) is about a 10–12-minute walk away, while Omonia is 8–10 minutes by metro and Syntagma 12–15 minutes. Athens International Airport can be reached in about 45–55 minutes by metro/suburban rail. Nearby, the National Archaeological Museum is about 10–15 minutes by car, while the Acropolis and Plaka are 20–25 minutes away—ideal for high-end dining and cultural outings. The area stands out for a rare sense of “city access”: fast travel times, multiple transport options, and direct contact with the heart of Athens. A location that combines prestige, convenience, and the capital’s pulse, offering a privileged starting point for refined urban living.