Investment Building in Koukaki - Filopappou

€570,000

8 Rooms
2 Bedrooms
1 Bathrooms
~298 m² Total surface
~203 m² Living area
~113 m² Plot surface

Description

At the borders of KOUKAKI and FILOPAPPOU is located this three level building with an independent entrance to each floor (basement, ground floor with loft, 1st floor) with a construction license in 1977 for a multi-storey residence, which stopped at the 1st floor. The property consists of a: 1st floor: 76 sqm, bright apartment, renovated in 2019, has 2 bedrooms, bathroom, kitchen, living room, autonomous heating (Oil) and ΑC. There is also a shaft for future installation of an elevator. Ground floor: 87 sqm (height 4.95 m) bright area for commercial use. Ideal for commercial exploitation with a facade on the pedestrian street or conversion into apartments (with change of use to a residence). Mezzanine: 40 sqm (height 2.45 m) Loft, large windows, with bathroom and kitchenette. It is part of the ground floor with access from the staircase. Possibility of change the use to a residence. Basement: 95 sqm, open space and height 2.70 m, storage area with the possibility of change to a residence or merging it with the ground floor. The building is ideal for investment. The land plot is 113 sqm, has a building factor of 3.6 and can built another 200 sqm approximately.

Features

Air-conditioningBalconyBasementSecurity systemBuilt in wardrobe

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Angelos Bardakis

Property ID: W-02XDZB

Location: Filopappou, Athens

Right at the foothills of the Acropolis, and just 1 km away from the city centre, this is an area that has seen a huge surge in demand. A vibrant shopping and tourist district, with beautiful neoclassical homes lining its streets, it is one of Athens’ most charming neighbourhoods. The charming area of Koukaki, sprawled at the feet of the Acropolis, has been voted as one of the most interesting neighbourhoods in the world (at least according to Airbnb). It's not hard to see why it made the list: As one of the fastest-growing precincts of central Athens, Koukaki has seen an explosion of hip restaurants, bars and boutiques, attracting a young crowd of students, creatives and Instagrammers, all the while retaining the warmth and intimacy of 1960s Athens. Koukaki offers a good base to discover the charms of Athens and its most renowned sites, the Acropolis and the Acropolis Museum. The Museum for Contemporary Art is housed here too and two of Athens’ cultural venues – the Onassis Cultural Centre and the Stavros Niarchos Foundation are a short drive away. Extremely well-connected by the metro (Syngrou- Fix and Acropolis stops), tram, bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses and Piraeus Port is a short 30 minute ride away by bus. This area is right in the historic centre of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.