Engel & Völkers
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Empty white room with terrazzo floor and open double doors to a balcony with a view of buildings.

Investment opportunity nearby University of West Attica

€75,000
  • 4 Rooms
  • 1 Bedrooms
  • 1 Bathrooms
  • ~53 m² Total surface
  • ~53 m² Living area

Description

In a quiet neighbourhood in Egaleo, a few minutes from the University of West Attica and next to the market and public transportation means, a bright apartment of 53 sq.m. is available for sale, on the 2nd floor of a 1972 apartment building (without elevator). The property features a functional layout, comprising a separate kitchen, living room, bedroom, and bathroom. It offers flexibility for interior configuration and strong potential for renovation. Having undergone basic maintenance over the years, it serves as an ideal foundation for value-enhancing upgrades aligned with current market trends. Its location ensures strong demand, primarily from students and professionals in the surrounding area, making it a compelling investment option with stable returns—whether through long-term or short-term leasing. With a low acquisition cost and clear potential for capital appreciation, this property presents a genuine investment opportunity in an up-and-coming urban zone.
Features
Air-conditioningBalconyBuilt-in kitchen
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Engel & Völkers Athens MMC

Your advisor: Nikos Liveris

Property ID: W-02YZA8

Property details
  • Object type

    Flat

  • Condition

    Average

  • Rooms

    4

  • Bedrooms

    1

  • Bathrooms

    1

  • Floor

    2

  • Number of Floors

    1

  • Total surface

    ~53 m²

  • Living area

    ~53 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1972

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating, Oil heating

Location: Egaleo, Attica

Location: Egaleo is located in the Western Sector of Athens and is only 6 km from the city center. It borders with the Municipality of Athens, Peristeri and Chaidari, and the municipalities of Nikaia - Agios Ioannis Rentis, Ag. Varvara and Moschato - Tavros. Unique Features: Egaleo is one of the most famous municipalities of Athens, as it dates back to antiquity. Until a few years ago, Egaleo was the capital of West Attica; as a result, the city was home to several public services. Its long historical background, as well as its inexhaustible beauty, make Egaleo one of the most popular municipalities as today it combines history with tourism and entertainment. The bustling and popular Agias Lavras pedestrian area, as well as Markou Botsari street, offer many options in restaurants and cafés ideal for friendly and family gatherings. Preserving the aroma of a traditional district, Egaleo is one of the most rising areas of Athens. Accessibility: In the most central part of the municipality, the well-known Eleftherias square is located where also the metro station is to be found, being an easy and fast central transit axis for all visitors from all over Athens, as it is only 10 minutes away from the capital’s most historical point of interest, Monastiraki. Investment Dynamics: Its close distance from the center of Athens combined with the access to the metro and the commercial development in the surrounding area, make Egaleo ideal for investment.

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