Exceptional Investment Opportunity on Archelaou Street, Pangrati

€207,000

1 Bedrooms
1 Bathrooms
~46 m² Total surface
~46 m² Living area

Description

Discover a rare offering on the most prestigious and well-connected street in the highly sought-after neighborhood of Pagkrati. This 4th floor 1-bedroom apartment presents an outstanding opportunity for investors and owner-occupiers seeking a prime asset in one of Athens's most dynamic locales. The property is partially renovated, with new air-conditioning units, kitchen appliances and a washing machine, providing the perfect canvas to add immediate value and tailor the space to your exact taste, whether for a lucrative rental investment or a perfect personal residence. The location is truly unmatched. Nestled in the heart of Pagkrati, this home places you within walking distance of the iconic Alsos Pagkrati park—a sprawling green oasis with sports facilities, open-air cinemas, and a thriving café, bar and food scene nearby. Furthermore, it is situated just a stone's throw from the historic Panathenaic Stadium (Kallimarmaro), embedding your everyday life in the rich sporting and cultural fabric of the city. The neighborhood is a magnet for young professionals, executives, and international citizens, drawn by its unique blend of urban energy, community feel, and proximity to the city's major hubs like the Kolonaki and Mets areas. Archelaou Street itself is renowned for its quiet, prestigious character while being just moments from all essential amenities, including gourmet markets, eclectic restaurants, and public transport links. Benefiting from absolute legal clarity, this property guarantees a swift and secure transaction. All necessary documentation, including the notarial deed and full legalization under Greek law, is complete and ready to transfer. With a clear title and all required certificates in place, the sale can proceed immediately, offering a hassle-free acquisition. This is more than an apartment; it is a strategic investment in a premier Athens location, offering both a compelling project for value addition and the guarantee of a hassle-free acquisition process.

Features

BalconyBuilt-in kitchenSecurity system

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Thanasis Bgialas

Property ID: W-0474GG

Location: Pangrati, Athens

Location:Pangrati is a vibrant neighborhood in the center of Athens with a rich history and multicultural character. It is located within walking distance from the elegant Kolonaki area, offering easy access to entertainment, cultural, and recreational options. The neighborhood boasts a unique atmosphere with its traditional streets, picturesque squares, and rich culinary scene. Situated just 10 minutes away on foot from the city center, Pangrati is across from the National Garden and behind the Kallimarmaro Stadium. Unique features: Pangrati, also known as Vathrahonisi or the “Island of Frogs” is an emerging creative area filled with traditional cafes, bars, and parks. It maintains the genuine neighborhood feel, providing easy access to schools, supermarkets, galleries, and museums such as the Museum of Modern Art of the Goulandris Foundation. Moreover, it is within close proximity to most attractions in the area. Accessibility: The area enjoys excellent connectivity with the metro, tram, and buses serving the entire Athens area. The airport is approximately a 50-minute journey by train or bus. Investment potential: Pangrati is one of the most sought-after investment locations in central Athens. The dynamic nature of this area is undeniable, with stable returns ensuring the success of your investment.