Engel & Völkers
Bright living room with yellow walls, a gray sofa with blue pillows, and a white bookcase. A window shows a city view.

Penthouse in Kolonaki with Acropolis Views and Investment Potential

€1,300,000
  • 5 Rooms
  • 2 Bedrooms
  • 2 Bathrooms
  • ~180 m² Total surface
  • ~147 m² Living area

Description

Nestled in one of Athens’ most prestigious neighborhoods, this distinguished 1960s penthouse spans 147 m² across three levels, featuring a large balcony on each floor and an exclusive terrace on the 7th floor. It offers a remarkable opportunity for those ready to restore its timeless charm. On the 5th floor, a generous living space with a fireplace, kitchen, guest toilet and a large balcony opens up a world of possibilities. Imagine evenings by the fireplace, its warm glow a comforting presence, while you take in the views of Lycabettus Hill. On the 6th floor, two spacious bedrooms with ensuite bathrooms are bathed in natural light, while a wide balcony invites you to start your mornings with open views and coffee under the Athenian sky. On the 7th floor, a versatile room awaits your personal touch — perfect as a guest room, office, or studio — leading to a large terrace with striking views of Lycabettus Hill, the Acropolis, and the sea. The panoramic scenery captivates at every glance, creating the perfect setting for peaceful moments or lively gatherings under the open sky. The allure of this penthouse lies in its potential for transformation, where the echoes of history meet the energy of the present. It's a rare opportunity to craft a refined home that embodies the soul of Athens itself, or to develop a high-value asset in one of the city’s most sought-after neighborhoods. Embrace the journey of renovation and restore this dwelling to its rightful glory, transforming it into a beacon of elegant living, where every corner speaks of grace and every view leaves a lasting impression. This is more than a home; it's a vision waiting to be fulfilled.
Features
Air-conditioningBalconyTerraceGreen viewGuest toiletMountain viewOpen view
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Engel & Völkers Athens MMC

Your advisor: Myriam Jakiche

Property ID: W-02VYE3

Property details
  • Object type

    Penthouse

  • Condition

    Needs renovation

  • Rooms

    5

  • Bedrooms

    2

  • Bathrooms

    2

  • Floor

    5

  • Number of Floors

    3

  • Total surface

    ~180 m²

  • Living area

    ~147 m²

  • Flooring

    Marble, Parquet, Tiles

Energy efficiency information
  • Construction year

    1960

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Type of heating

    Radiator

  • Energy source

    Decentral heating, Gas heating

Location: Kolonaki, Athens

Kolonaki is an upscale district, full of old-world charm and cosmopolitan glamour, right in the city centre, a mere stone’s throw from Syntagma Square and the historic districts of Plaka and the Acropolis. Unique features: Lined with cafes, restaurants, designer boutiques, theatres and book- stores, Kolonaki is as much a commercial hub as a creative one. This is where the cool and trendy shop, flaunt and people-watch. It is essentially Athens’ ‘Museum Mile’ with the Byzantine Museum, the Benaki Museum, the Cycladic Museum, the National Gallery and the recently opened Goulandris Museum, located within a 1 km radius. Home to Athens’ literati and opinion-makers, Kolonaki has long been a coveted real-estate destination. Accessibility: Extremely well-connected by the metro, tram, bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses. Investment potential: This area is right in the centre of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.

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