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Trophy Asset Opportunity in Glyfada | Prime Athens Riviera Investment

€10,000,000
  • 17 Bathrooms
  • ~1,152 m² Total surface
  • ~1,053 m² Living area
  • ~792 m² Plot surface
  • ~40 m² Terrace surface

Description

A RARE LANDMARK ASSET IN THE HEART OF GLYFADA Positioned on a prominent corner plot in the very centre of Glyfada, this exceptional property presents a unique opportunity to acquire a fully renovated, income-producing asset in one of Europe's most dynamic coastal markets. Offering 1,053 sqm of premium internal space on a 792 sqm plot, the building was comprehensively renovated in 2021 to the highest standards and combines contemporary design with exceptional functionality. Expansive terraces, generous balconies and 11 underground parking spaces further enhance its appeal, while its strategic location places it within walking distance of Glyfada's luxury retail, dining and business district. Currently operating as a combination of premium office accommodation and serviced apartments, the property generates a return in excess of 5%, providing immediate income alongside significant long-term value creation potential. What makes this opportunity particularly compelling is its exceptional flexibility. The building can continue operating in its current configuration, be transformed into a prestigious corporate headquarters, converted into a luxury residential development, or repositioned as a fully serviced apartment or boutique hospitality asset. Few properties within central Glyfada offer such a combination of scale, adaptability and income generation. As the commercial and lifestyle capital of the Athens Riviera, Glyfada continues to attract international investors, family offices, entrepreneurs and global corporations seeking exposure to one of the Mediterranean's most compelling growth stories. Supported by the transformative Ellinikon project, ongoing infrastructure investment and increasing international demand, the area is experiencing sustained growth in both rental values and capital appreciation. This is an opportunity to secure a trophy asset in a tightly held market where opportunities of this calibre rarely become available. A unique combination of prime location, immediate income, future flexibility and long-term capital growth. CONFIDENTIAL INFORMATION MEMORANDUM AVAILABLE UPON REQUEST
Features
Air-conditioningBalconyBasementBuilt-in kitchenGarageGardenSea/Lake viewSecurity systemSwimming poolTerraceElevatorGuest toiletJacuzziSenior orientedWheelchair accessible

Private Office

Advisor

engel & völkers agent profile image

Private Office Advisor

Self-employed

Property ID: W-04AFLT

Property details
  • Object type

    Special property

  • Bathrooms

    17

  • Number of Floors

    4

  • Garages

    12

  • Total surface

    ~1,152 m²

  • Living area

    ~1,053 m²

  • Plot surface

    ~792 m²

  • Terrace surface

    ~40 m²

  • Flooring

    Carpet, Stone, Tiles

Energy efficiency information
  • Energy efficiency class

    A+

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Heat pump

Location: Glyfada, Attica

Location: Glyfada is the commercial hub of the Athens Riviera with busy commercial pace during the day and lively nightlife till dawn. It is a fashion destination with many branded boutiques but also many shops with a character and style. Blocked on one side of the city by the unique 18-hole golf course and next to it with hiking and cycling trails, Glyfada promises to offer the best for all ways of life.   Unique features: A modern seaside destination with easy access to beaches, cafes, restaurants and summer beach bars and clubs. Glyfada is close to international schools and is a safe environment for raising children, has many opportunities for entertainment, fitness and sports and is an investment option with rewarding benefits. Also in the area you will find cinemas, modern boutiques, restaurants for every taste and budget, bars, lively outdoor life and one of the largest marinas along the coast.   Accessibility: Glyfada is well connected to the city center and the coast by metro, tram and buses and is only a 30-minute drive from the port of Piraeus, offering a quick getaway to the islands and 35 minutes from the international airport.   Investment dynamics: Glyfada has always been attractive to real estate investors and with the new reconstruction project of Elliniko, it is ready to experience a strong rise in property prices.

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Provider

EV MMC Greece S.A.

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Athens, 11527, Greece

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