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Empty room with herringbone wood floor, white doors with glass panels, light blue walls, and a window.

Charming building on a central road in Kypseli

€540,000
  • 6 Bedrooms
  • 3 Bathrooms
  • ~387 m² Total surface
  • ~321 m² Living area
  • ~198 m² Plot surface

Description

In the heart of Kypseli, in a highly visible spot on a main street, a distinctive 1950s urban building is reintroduced as a unique investment proposition with character and potential.

The property spans three levels and combines residential and commercial use, preserving the features of its era. The ground floor includes an apartment, an independent shop and access to a small private rear garden, while the two apartments on the upper floors are arranged via a separate entrance.

With clean lines, a discreet urban identity and significant potential for reconfiguration, the building is an ideal choice for investors and professionals seeking a property with a strong presence in an area with steadily growing demand.

The need for renovation becomes a creative opportunity for those looking either for their new professional space, or to convert it into smaller apartments, or as a mixed-use space.

Features
Garden
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Engel & Völkers Athens MMC

Your advisor: Eleni Antonaki

Property ID: W-048URJ

Property details
  • Object type

    Apartment house

  • Bedrooms

    6

  • Bathrooms

    3

  • Number of Floors

    2

  • Total surface

    ~387 m²

  • Living area

    ~321 m²

  • Plot surface

    ~198 m²

  • Usable surface

    ~321 m²

  • Garden surface

    ~40 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1950

  • Energy efficiency class

    E

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Central heating

Location: Kypseli, Athens

Location: Kypseli is one of the oldest neighborhoods in the city and one of the most interesting places to live in Athens. It is bordered west by Patision Street, south by Pedion tou Areos, east by Tourkovounia and north by the municipality of Galatsi.

Unique features: The main attraction in Kypseli is the pedestrian street in Fokionos Negri. It consists of a large strip of green in the center, with trees, benches, fountains and statues, surrounded by cafes on both sides, restaurants and shops. A typical example of Athenian modernism in Fokionos Negri is the Municipal Market, which was renovated by the Municipality of Athens in 2016.Agios Georgios Square is just a few minutes away from Fokionos Negri and is the new popular spot of the city. An area that is in itself a small neighborhood. An architectural remark of the square is the buildings that surround it, thanks to their curvature look. A prominent place in the life of the inhabitants are Pedion tou Areos, one of the largest public parks in Athens, the Elikonas hill which includes sports facilities and the Attiko Park in Ano Kypseli. Furthermore, there are many small theaters and some artist studios in the area, giving a bohemian feel to the area.

Accessibility: Extremely good bus and trolleybus connection, Victoria station is nearby. 

Investment potential: This area is in the centre of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.

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