New

Investment building in central Athens

€1,250,000
  • 7 Bedrooms
  • 3 Bathrooms
  • ~545 m² Total surface
  • ~545 m² Living area

Description

Situated on the iconic Victoria Square, one of the most historic and recognizable landmarks in central Athens, this impressive three-story neoclassical building with listed heritage features is offered for sale. A property of exceptional architectural and historical significance, it combines the timeless elegance of Athenian neoclassical architecture with outstanding investment and development potential. The building's distinguished façade is a fine example of early 20th-century Athenian architecture, featuring elegant cornices, decorative plaster moldings, and beautifully crafted architectural details. Its tall arched windows with original wooden shutters, together with ornamental wrought-iron balconies overlooking Victoria Square, highlight the building's unique character and historic appeal. The grand entrance preserves its original wooden door, wrought-iron railings, and marble staircase, while the interior showcases impressive high ceilings, decorative plaster cornices, and beautifully painted coffered ceilings, reflecting the exceptional craftsmanship and refined aesthetics of the period. The property's prime location offers excellent accessibility, with immediate access to the Athens Metro network, major transport routes, and the city's principal commercial and cultural destinations. Owing to its distinctive architectural identity and strategic location, the building is ideally suited for redevelopment as a boutique hotel, luxury short-term rental residences, prestigious office premises, or cultural and educational facilities. Images in the Exposé may have been optimized or adapted using AI for illustrative purposes.
Features
Air-conditioningBalconyTerrace
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Engel & Völkers Athens MMC

Your advisor: Vivi Charamara

Property ID: W-048MWI

Property details
  • Object type

    Detached house

  • Bedrooms

    7

  • Bathrooms

    3

  • Number of Floors

    3

  • Total surface

    ~545 m²

  • Living area

    ~545 m²

  • Usable surface

    ~545 m²

  • Flooring

    Tiles, Wooden floor

Energy efficiency information
  • Construction year

    1935

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Central heating, Oil heating

Location: Athens, Attica

Location: The Victoria Square neighborhood is located between the neighborhoods of Polytechnic, Vathis Square, Omonia, Museum, Pedion tou Areos, Larissa Station, Agios Pavlos, and Agios Panteleimonas. According to the prevailing version, the square was named Victoria in honor of the Queen of the United Kingdom, on the occasion of the cession of the Ionian Islands to Greece in 1864, as a gift for the accession to the Greek throne of the queen's nephew, Prince William George of Denmark, to the Greek throne. This move was made in 1872 by the then mayor of Athens, Panagis Kyriakos, who lived in the area. Later, it was renamed Kyriakos Square in his honor. The death of Queen Victoria in 1901 shocked Greek public opinion and led to the restoration of the old name, which was made official in 1943.  Unique features: Victoria is located a short distance from the center of Athens and is a neighborhood with several squares and hangouts that give it a lively atmosphere. The Athens University of Economics and Business and Pedion tou Areos, the largest public park in Athens, which also houses the Alsos Theater, are located nearby.  Accessibility: The Vathis Square area is served by the Victoria, Omonoia, and Larissa metro stations, as well as by many bus and trolley lines. Investment Potential: This area is located right in the center of Athens, an area that has always been of great interest to buyers with guaranteed returns on investment.

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