Exclusive

127 sq.m. penthouse with partial sea view and investment potential

€370,000
  • 3 Bedrooms
  • 1 Bathrooms
  • ~127 m² Total surface
  • ~127 m² Living area

Description

Located in a prime area of Elliniko, this bright 127 sq.m. penthouse apartment occupies the entire 2nd floor of a low-density residential building with only three apartments, set on a 590 sq.m. plot. It offers privacy and comfort in one of the most dynamically developing areas of the Athenian Riviera. The original building permit was issued in 1978 and the second floor was constructed in 1981. The apartment has been gradually upgraded between 2012 and 2025, including replacement of window frames, installation of a reinforced security door, solar water heater and awnings, while still offering significant potential for further renovation and modernization. The property stands out for its large openings and abundant natural light throughout the interior, as well as its functional layout, which includes three spacious bedrooms, one bathroom, a separate kitchen, a large living and dining area, and an additional room that can be configured as a fourth bedroom or home office, creating a particularly flexible living environment. The apartment features a wraparound balcony, approximately 1.5 m wide at the front section, from which one can enjoy partial sea views as well as views toward the Elliniko skyscraper, also visible from the living and dining area. Heating is autonomous with oil, with the possibility of further energy upgrades through natural gas or a heat pump, while the property is equipped with four air-conditioning units. On the rooftop there is a shared storage space, while the open area of the plot provides two parking spaces. Although the building does not currently have an elevator, installation is possible. In addition, the property benefits from a remaining building coefficient of approximately 42 sq.m., offering potential for future development. The location is particularly advantageous, just 350 m from the Metro station, close to shops and schools, and approximately 900 m from the landmark Ellinikon development and the new Metropolitan Park. A property that combines spacious living, privacy and strong prospects for capital appreciation, making it an excellent choice both for private residence and investment.
Features
Air-conditioningBalconyBuilt-in kitchenSea/Lake viewSecurity systemTerrace
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Engel & Völkers Athens MMC

Your advisor: Christina Papadopoulou

Property ID: W-02SWD0

Property details
  • Object type

    Flat

  • Bedrooms

    3

  • Bathrooms

    1

  • Floor

    2

  • Parking spaces

    2

  • Total surface

    ~127 m²

  • Living area

    ~127 m²

  • Usable surface

    ~127 m²

  • Flooring

    Tiles, Wooden floor

Energy efficiency information
  • Construction year

    1981

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Oil heating, Self-Contained central heating, Solar heating

Location: Elliniko, Attica

Location: Elliniko is situated along the Athenian Riviera on the Saronic Gulf and serves as the centerpiece of Europe’s largest urban regeneration project. The development features luxury residences, hotels, retail spaces, office buildings, leisure and sports facilities, a private school, an international university, a hospital, a modern marina, a casino and a park rivaling the world’s most renowned green spaces. The new infrastructure will complement the existing urban fabric, significantly enhancing the quality of life for residents not only of Elliniko but throughout the southern suburbs. Unique Features: Elliniko has preserved its authentic character, with lower density in its southern areas and a pronounced neighborhood feel closer to the center and local market. The area offers a wide variety of residential options, catering to diverse buyer profiles. The area offers schools at all levels, ensuring educational options for all families. Residents enjoy easy access to beaches, cafés, restaurants, beach bars and vibrant nightlife. Elliniko also features a wide range of public and private sports facilities catering to all types of activities, while a golf course just 2 km away provides opportunities for an active lifestyle. Cultural landmarks such as the SNFCC, home to the National Library and the Onassis Cultural Centre (Stegi) are also nearby, enhancing both the cultural identity and overall quality of life in the area. Accessibility: Elliniko is directly connected to central Athens, Piraeus and the International Airport via Metro and Tram, providing easy access and multiple options for public and private transportation. Planned infrastructure improvements, including the reconstruction and undergrounding of Posidonos Avenue, will create new cycling paths along the coast and throughout the municipality. Elliniko occupies a strategic location, just 10 km from the Acropolis and Syntagma Square, 16 km from the Port of Piraeus and 27 km from the International Airport. Investment Potential: With its prime location on the Athenian Riviera and proximity to one of the most ambitious urban redevelopment projects in Europe, Elliniko represents a strategic investment opportunity with strong long-term growth potential.

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