Engel & Völkers
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Investment building in central Athens

€1,290,000
  • 9 Bedrooms
  • 6 Bathrooms
  • ~465 m² Total surface
  • ~465 m² Living area

Description

A corner mixed-use investment property is offered for sale, in an exceptionally prime location, 180 meters from Kifisias Avenue and 400 meters from Panormou Metro Station. The property’s location ensures consistently high demand and excellent accessibility, making it an ideal choice for investors. On the ground floor, there are two independent retail units of 48 sq.m. and 36 sq.m., unified into one, with frontage on two streets, offering high visibility and commercial appeal. Immediate access to the metro enhances the viability of the commercial leases and ensures stable cash flow from day one. The upper floors host a total of six apartments, distributed across three floors of 127 sq.m. each. Each floor includes one two-bedroom apartment and one one-bedroom apartment, a layout that fully meets local demand for small- and medium-sized residences, suitable for both long-term and short-term rental. Proximity to the metro makes the apartments particularly attractive to professionals, couples, students, and city visitors. This is a high-investment-potential property, located in one of the most commercial and residential areas of Athens, with stable investment interest and enduring value.
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Engel & Völkers Athens MMC

Your advisor: Kelly Litsa

Property ID: W-047Q3F

Property details
  • Object type

    Other

  • Condition

    Good

  • Bedrooms

    9

  • Bathrooms

    6

  • Number of Floors

    4

  • Total surface

    ~465 m²

  • Living area

    ~465 m²

  • Flooring

    Marble, Parquet, Tiles, Wooden floor

Energy efficiency information
  • Construction year

    1963

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

Location: Ampelokipoi, Athens

Location: Ampelokipoi is located near the center of Athens, with a distance from Ampelokipoi to the heart of Athens being approximately 4-5 kilometers. The area was named after the vineyards that once existed there. Today, it is a densely populated and multicultural neighborhood, known for its mix of residential and commercial spaces. Unique Features: The area of Ampelokipoi is a middle-class neighborhood with a cosmopolitan character, and some of its squares, such as Mavili Square, are lively with many cafes and restaurants. The area enjoys everything the city has to offer, all within walking distance and very close to all public transportation. Accessibility: The area is accessible by various means of public transportation. It is served by several bus and trolley lines, making it easy to travel to the city center and other neighborhoods. Additionally, the Panormou and Ampelokipoi metro stations connect the area with the Athens metro network, providing quick commuting options for workers and visitors. Investment Potential: Ampelokipoi is a city-center neighborhood that enjoys significant interest from buyers.

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Engel & Völkers Athens MMC

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EV MMC Greece S.A.

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