Neoclassical investment building on pedestrian in Kerameikos II

€200,000

12 Rooms
4 Bedrooms
3 Bathrooms
~296 m² Total surface
~296 m² Living area
~113 m² Plot surface

Description

This is an excellent investment opportunity. The neoclassical style combined with the location in Kerameikos and the proximity to Metaxourgeio make it ideal for tourist or business use. The property is 296 sq.m. on a plot of 113 sq.m. and it has two floors. The facade is listed and can be renovated with respect to the classical style, while the interior can be transformed into a modern boutique hotel with a few but sophisticated rooms, taking advantage of the location and the atmosphere of old Athens. It could also function as a professional space (offices, co-working, art studio), but also be transformed into small apartments and sold to obtain the golden visa. The area is developing rapidly, making the property an excellent investment opportunity in the centre of Athens.

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Rania Zika

Property ID: W-02Y0PS

Location: Athens, Attica

Kerameikos fringes the Acropolis to the north and is just 2kms from the city centre. Unique features: Named for Keramos, son of Dionysios and Ariadne, master-ceramicist, Kerameikos was the potters' quarter of the city, used as a burial ground for over a thousand years. The tall columns of the erstwhile gas factory, now transformed as the Athens Municipality’s Technopolis cultural center, lends its name to Gazi. Today, Kerameikos and Gazi are thriving districts with award-winning restaurants sharing space with theaters, hipster hangouts, bars and nightclubs making it the de facto fun zone of Athens. It is within walking distance of all sites, to the Jewish synagogue and houses the Kerameikos Museum. This is an area that is extremely promising, poised for gentrification. Accessibility: The Athens Metro adjacent to the Technopolis of Gazi offers direct access to the metro and train network of the city. Piraios avenue also offers access to the Athenian coast within 10-15 minutes, as well as Omonoia and Syntagma squares. The airport is 50 minutes to an hour away by train and 40 minutes by car. Investment potential: Kerameikos/Gazi is right in the historic centre of Athens, an area that has always enjoyed a lot of interest from buyers.