Situated at the foothill of the Acropolis rock, this Building stands out as a highly attractive investment opportunity due to its exceptional location and unique views. The property is arranged over multiple levels and comprises two retail stores, two spacious apartments, a bright penthouse with a large veranda, and an attic. Both the penthouse and the attic offer exclusive views of the Acropolis and the iconic Anafiotika.
The building is in good overall condition, though partial renovation and refurbishment would further enhance its potential. All floors are connected via an internal staircase and a lift.
More specifically, the building includes:
Two ground-floor stores, 54 sqm and 60 sqm, each with an attic.
First floor: A 3-bedroom apartment of approximately 115 sqm, featuring a large living room, hallway, kitchen, bathroom, and a servant’s quarter.
Second floor: A 3-bedroom apartment of approximately 115 sqm, with a spacious living room, kitchen, bathroom, and a servant’s quarter.
A 66 sqm penthouse with one bedroom, luminous living room, kitchen, and bathroom. The penthouse includes a large veranda offering building and Acropolis views.
An attic of approximately 11 sqm, with exclusive use of a roof terrace enjoying unobstructed Acropolis views.
The building is centrally located, close to retail markets, historic landmarks, restaurants, and souvenir shops. It is ideal for both residential and commercial use, including tourism-related ventures.
Location: Described as the ‘Neighborhood of the Gods’, Plaka and the Acropolis area are right at the core of Athens’ historic center. A vibrant shopping and tourist district, with beautiful neoclassical homes lining its streets, it is Athens’ most charming neighborhood.
Unique features: This is essentially Athens’ ‘Museum Mile’ with all the key archaeological sites and cultural venues located within a 1 km radius. It is home to the Acropolis Museum, voted as one of the top 10 museums in the world, to the Herod Atticus that still hosts plays and concerts as it did thousands of years ago. Trendy designer boutiques, cool cafes and restaurants as well as boutique hotels share space with neoclassical houses on largely pedestrianized streets. While tourists find it charming, there is also a real neighborhood feel and sense of community for residents.
Accessibility: Extremely well-connected by the metro, tram, bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses.
Investment potential: This area is right in the historic center of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.
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