New

46 sq.m. Investment apartment in Historic Athens

€253,000
  • 1 Bedroom
  • 1 Bathroom
  • ~46 m² Total surface
  • ~46 m² Living area

Description

Located in the heart of Athens’ historic center, this fully renovated 46 sq.m. fourth-floor apartment is ideal both as an investment opportunity and as a modern urban residence. The property combines functionality with contemporary aesthetics, offering bright and carefully designed interiors that provide comfort and practicality for everyday living. The renovation has been completed with modern lines, creating an elegant and welcoming space in the center of the city. In addition, the building features a lobby area, offering an enhanced sense of security, organization, and overall residential experience. The property is part of a building originally constructed in 1977 and fully renovated in 2019, combining its authentic urban character with modern standards of aesthetics and functionality. The apartment holds an active A.M.A. license, making it a ready-to-operate Airbnb investment opportunity in one of Athens’ most popular and commercial locations. With an estimated ROI of approximately 6.5%, it represents a particularly attractive investment proposition in the historic center of Athens. Its prime location offers immediate access to public transport, historical landmarks, restaurants, cafés, and shopping areas, ensuring strong demand and long-term investment value. The property comes with a complete documentation file, ensuring a smooth and immediate transfer process.
Features
Security systemElevatorFurnished
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Engel & Völkers Athens MMC

Your advisor: Sofia Manoli

Property ID: W-049QTM

Property details
  • Object type

    Flat

  • Bedrooms

    1

  • Bathrooms

    1

  • Floor

    4

  • Number of Floors

    1

  • Total surface

    ~46 m²

  • Living area

    ~46 m²

  • Flooring

    Tiles, Wooden floor

  • Building restrictions

    None

Energy efficiency information
  • Construction year

    1977

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Decentral heating, Electric heating

Location: Athens, Attica

University (Panepistimio) Taking its name from the University of Athens, which was built there in 1841, this area is undoubtedly one of the most iconic in the city center. It hosts some of Athens' most significant historical buildings, such as the National Library, the Academy of Athens, the University of Athens, the Arsakeio Girls' School, and the Numismatic Museum, among others. Unique Characteristics: The area surrounding the famous Panepistimiou Street combines historical charm with vibrant urban activity. Accessibility: The area is well-served by public transport, specifically Metro Line 2 (the red line), as well as numerous buses and trolleybuses. Investment Potential: This area holds strong appeal for buyers and investors. Its central location in Athens, combined with its longstanding reputation as one of the busiest areas due to the presence of retail, services, businesses, hotels, and cultural venues such as cinemas and theaters, makes it an attractive investment option.

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