Engel & Völkers
Reserved
Cobblestone street view with outdoor cafe seating. Buildings line the street with trees overhead.

Plot in the centre of Psirri

€280,000
  • ~79 m² Plot surface

Description

The plot is located in the center of Psirri within 3 minutes walking distance from Ermou and the main square of the area, Heroes Square. In a neighborhood where old properties are overwhelmed and new ones are rare, this plot is a unique investment opportunity for those who want to build their detached house, a small boutique hotel or a property with apartments for short-term rentals such as Airbnb. Archaeological sites, attractions, restaurants, cafes and bars are all within easy reach. The property has excellent connectivity to the airport and the port of Piraeus as the Monastiraki Metro is just a 5 minute walk away. It is 78sqm and builds 158sqm, so it is ideal for a small high yield investment.
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Engel & Völkers Athens MMC

Your advisor: Theodoros Stamatogiannis

Property ID: W-02TY9P

Property details
  • Object type

    Other

  • Plot surface

    ~79 m²

Location: Psyri, Athens

The area of Psyrri is one of the oldest in the city of Athens. Its first historical record dates back to 1687. It is located in the historical centre of Athens next to Monastirkaki. Like all city centre neighbourhoods, it has gone through many changes that are really reflected in its architectural character. Neoclassicism and Athenian Modernism coexist in a unique way, with buildings that were previously hosting small industries and shops. The contemporary district of Psyrri is a gathering point for all the creative communities of the city, like artists, musicians and fashion designers, who often run their studios here, and of course this along with its cafes, restaurants and bars is a big draw for tourists. It is a must in the Athenian nightlife with a variety of options. It is excellently connected by public transport to the rest of the city and airport. Monastiraki Metro Station is only 5 min walking distance from the main square of Psyrri (Plateia Iroon). No doubt the area has one of the highest investment returns in the real estate market of Athens and it attracts the interest of many investors either from Greece or from abroad.

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Engel & Völkers Athens MMC

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EV MMC Greece S.A.

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