Investment building in Kypseli

€650,000

11 Rooms
11 Bedrooms
11 Bathrooms
~417 m² Total surface
~417 m² Living area
~140 m² Plot surface

Description

An entire building is available for sale in Kypseli, consisting of 11 small apartments ranging from 20 sq.m. to 36 sq.m., all rented with very good returns. The building extends over five levels: basement, ground floor, 1st and 2nd floor, as well as an attic. The total area of the building is 417 sq.m. gross and the plot is 140 sq.m. It was constructed before 1955, renovated in 2004, and is maintained in very good condition. It features beautiful elements from its era, with mosaics, wooden floors, and a characteristic wooden staircase. It does not have an elevator, but according to a previous engineer's assessment, there is the possibility to add one. It is located on a beautiful and quiet street, very close to the park of Pedion Areos and Agiou Georgiou Square, next to public transport and shops.

Features

Air-conditioningBalconyBasementGardenTerraceFurnished

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Eleni Antonaki

Property ID: W-02ZX8S

Location: Kypseli, Athens

Location: Kypseli is one of the beautiful neighborhoods of the city and one of the most interesting places to live in Athens. It borders west with Patission Street, south with Pedion tou Areos, east with Tourkovounia, and north with the municipality of Galatsi. Distinctive features: The main attraction of Kypseli is the pedestrian street of Fokionos Negri. It consists of a large strip of greenery in the center, with trees, benches, fountains, and statues, surrounded by cafes, restaurants, and shops. A characteristic example of Athenian modernism on Fokionos Negri is the Municipal Market, recently renovated, a venue for artistic events and crafts. Saint George's Square is another popular spot in the city, surrounded by small cafes and taverns. A prominent role in the life of the residents is held by Pedion tou Areos, one of the largest public parks in Athens, the hill of Helikon which includes sports facilities, and Attiko Park in Ano Kypseli. Additionally, there are many small theaters and artists' studios in the area, giving a bohemian feel to the area. Accessibility: A network of buses connects various areas with Kypseli. Victoria Station is nearby, and four stations of the new metro line are under construction. Investment opportunities: This area is in the center of Athens, a place that has always attracted great interest from buyers. Guaranteed return on investment.