Exclusive

High-yield investment house near Athens tower & medical school

€285,000
  • 2 Bedrooms
  • 3 Bathrooms
  • ~116 m² Total surface
  • ~116 m² Living area
  • ~40 m² Plot surface

Description

High-yield investment property with a total surface area of 116 sq.m. (detached maisonette), located in a prime and highly sought-after area of central Athens, in close proximity to major hospitals, the Medical School, and the Athens Towers business district. The property is developed across three independent levels, offering multiple income streams, stable rental demand, and strong flexibility of use. It consists of a 40 sq.m. ground-floor studio, a 40 sq.m. first floor with a flexible layout suitable for multi-tenant use, and a 36 sq.m. second-floor rooftop studio. The ground floor features an open-plan living and dining area with WC, a security door, aluminum window frames with double glazing, marble details, and awnings. The first floor includes one bedroom and an internal storage room, while the kitchen and bathroom benefit from natural light through windows. There is also the potential to create a second bedroom through internal reconfiguration. The second-floor rooftop unit consists of an open-plan living and sleeping area, bathroom, and veranda. It is fully legalized and features a tiled roof, offering additional durability and protection. Exclusive and secure access to the rooftop area is provided via an external metal staircase. All levels are connected and served by an internal marble staircase. The upper floors are equipped with air-conditioning units, while the property also benefits from central oil heating. Awnings are installed on the first and second floors, and the property further offers a security alarm system, surveillance cameras, and night electricity tariff. The ground and first floors were constructed in 1968, while the second floor was added in 1996. In 2000, the plumbing installations were renovated, and in 2004 the exterior façade was repainted and aesthetically upgraded. The strategic location of the property is a major investment advantage, as it is situated just 3 minutes on foot from Hippokrateio Hospital, 6 minutes from the Medical School and Laiko Hospital, very close to Agios Thomas Square, and only 10 minutes from Mavili Square. The Ambelokipi and Megaro Mousikis metro stations are approximately 12 and 14 minutes away respectively. The property is also close to shops, retail stores, and essential amenities, ensuring consistent year-round demand from students, medical staff, and healthcare professionals. This is a complete investment opportunity, ideal both for rental income exploitation and for private residential or professional use.
Features
Air-conditioningBalconyBuilt-in kitchenSecurity systemTerraceGuest toilet
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Engel & Völkers Athens MMC

Your advisor: Rita Boutsi

Property ID: W-049ML2

Property details
  • Object type

    Apartment house

  • Bedrooms

    2

  • Bathrooms

    3

  • Number of Floors

    2

  • Total surface

    ~116 m²

  • Living area

    ~116 m²

  • Plot surface

    ~40 m²

  • Usable surface

    ~116 m²

  • Flooring

    Tiles

  • Building restrictions

    None

Energy efficiency information
  • Construction year

    1968

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating, Oil heating

Location: Ampelokipoi, Athens

Location: Ampelokipoi is relatively close to the city center of Athens. It is situated in the northern part of Athens and is considered part of the central municipality of the city. The distance from Ampelokipoi to the heart of Athens is approximately 4-5 kilometers. The area takes its name from the vineyards that once existed on this spot during earlier times. Today, it is a densely populated and diverse neighborhood known for its mix of residential and commercial spaces. Unique features: 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 transport. Accessibility: The area is accessible by various means of public transport. It is served by various bus and trolley lines, making it easy to get to the city center and other neighborhoods. In addition, the Panormou and Ambelokipi metro stations connect the area to the Athens metro network, providing rapid transport options for workers and visitors. Investment potential: Ampelokipoi is a downtown neighborhood that enjoys a lot of interest from buyers.

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