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Investment property in the heart of Nea Smyrni

€220,000
  • 2 Bedrooms
  • 2 Bathrooms
  • ~100 m² Total surface
  • ~100 m² Living area
  • Construction year 1969

Description

Excellent corner penthouse apartment of 100 sq.m. on the 4th floor, built in 1970, located on one of the most central and sought-after streets in Nea Smyrni. The property is within walking distance of the central square, offering maximum convenience for transportation and immediate access to the market.

Due to its corner position and penthouse location, the apartment is exceptionally bright throughout the day and is surrounded by large balconies on all sides. 

The current layout comprises 2 spacious bedrooms, a large living room, a separate (enclosed) large kitchen, 1 main bathroom and 1 WC.

The property has two independent entrances. This unique feature, combined with its corner layout and wraparound balconies, allows it to be easily divided into two self-contained, equally bright smaller apartments, ensuring high rental returns. 

The property requires complete renovation and represents an ideal investment in the heart of Nea Smyrni.

Features
BalconyTerraceElevator
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Engel & Völkers Athens MMC

Your advisor: Diana Spanou

Property ID: W-04ACUE

Property details
  • Object type

    Flat

  • Bedrooms

    2

  • Bathrooms

    2

  • Floor

    4

  • Total surface

    ~100 m²

  • Living area

    ~100 m²

  • Flooring

    Parquet, Wooden floor

Energy efficiency information
  • Construction year

    1969

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Nea Smyrni, Attica

Location: Nea Smyrni is ideally located between central Athens and the sea, just 3 km from Syntagma Square, the Acropolis, Plaka and Flisvos Marina.

Unique features: A vibrant, family-friendly and authentic neighborhood, Nea Smyrni has an interesting history: it was named after the former Greek city of Smyrna in Asia Minor, now called Izmir, where the refugees who left in the 1920s settled. Nea Smyrni Square lies in the heart of the city and is magnificent, with fountains, shops, restaurants, modern cafés and bars to suit all ages, interests and budgets. Nea Smyrni Park (Alsos) is a large green oasis with pine and cypress trees, appealing to families and those seeking outdoor exercise. Just 5 minutes away are two of Athens’ most dynamic cultural venues: the Onassis Cultural Centre and the Stavros Niarchos Cultural Center, which houses the Greek National Opera and the National Library of Greece.

Accessibility: Easy and regular access to the city center by tram, buses and metro. The airport is just 45 minutes away, while the port of Piraeus is 20 minutes away.

Investment potential: Nea Smyrni is a revitalized and up-and-coming neighborhood whose value is expected to continue increasing.

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