Investment property with 2 apartments in Kolonos Park, ideal for short-term rental

We are pleased to present a property of exceptionally high investment interest. This single-level detached house has been cleverly divided into two autonomous apartments, making it an ideal choice for short-term rentals. It is situated in a prime location directly adjacent to Kolonos Park, within a low-density residential area that offers both tranquility and convenience. With easy access to the Metro and bus lines, the property is perfectly positioned for visitors to Athens who prioritize a safe yet central location.

Each apartment measures approximately 60 sq.m. and features an open-plan living room and kitchen, one bedroom, and a bathroom, along with its own dedicated storage space. Recently renovated in 2025 and decorated with high aesthetic standards, the units can be delivered fully furnished upon agreement with the owner. The residence sits on a 210 sq.m. plot with a building factor of 2.1, which, with the appropriate study, allows for the additional construction of 120 sq.m. At the rear of the property, both apartments have access to a bright, 80 sq.m. communal garden.

Furthermore, there is a 52 sq.m. semi-basement auxiliary space with existing infrastructure, allowing it to be quickly converted into a third rental suite or for personal use. In consultation with the owner, the renovation of this space can be managed to match the high-end style of the existing apartments. The property has been active in the short-term rental market since 2025 and represents an excellent investment opportunity in the heart of Athens, yielding an annual return of approximately 6.5%. Importantly, as it is located in the 4th Municipal District, it remains eligible for the issuance of new short-term rental licenses for 2026.