158 sq.m. apartment with the potential to create two separate residences

In Palaio Faliro, just 700 meters from the sea, a 158 sq.m. first-floor apartment is available, offering significant potential for both residential and investment use. The property is bright, with a southwest orientation, balconies surrounding the perimeter, three bedrooms, and spacious living areas. It has been fully renovated, and in 2026, additional upgrades were carried out, including the installation of an independent heating system with a smart heat pump rated A++, new radiators, and a solar water heater, as well as interior renovations and floor maintenance. Its key investment advantage is the ability to divide it into two independent apartments without requiring changes to the building’s exterior or extensive reconstruction, as the existing renovation can be utilized to a large extent. This flexibility offers various utilization options, such as renting out two residential units, owner-occupancy with simultaneous rental, or maintaining it as a single residence. An indicative floor plan showing the proposed division, accompanied by a preliminary cost estimate for the work, is available upon request. The large floor area, independent heating system, flexible layout, and the property’s location offer attractive prospects for both owner-occupancy and investment.