New

High-yield contemporary apartment in Athens - Golden Visa eligible

€420,000
  • 1 Bedroom
  • 1 Bathroom
  • ~72 m² Total surface
  • ~72 m² Living area

Description

Located just steps from the National Theatre, in the vibrant area between Metaxourgeio and Omonia, this elegant 71.97 sqm ground-floor apartment forms part of a fully renovated boutique residential building at 40 Agiou Konstantinou Street — one of the most connected and steadily evolving locations in central Athens. The property benefits from its unique positioning at the crossroads of two distinct yet complementary neighborhoods: the authentic, creative energy of Metaxourgeio and the strategic, transport-driven importance of Omonia, offering both lifestyle appeal and strong investment fundamentals. The apartment itself is thoughtfully designed to maximize comfort and functionality, featuring a spacious living area, a modern kitchen, one well-proportioned bedroom, a contemporary bathroom, and a dedicated laundry space. A standout feature is its private garden, a rare asset in central Athens that enhances both livability and rental desirability. Fully renovated to high standards with a contemporary aesthetic, the property represents one of the building’s most attractive units, equally suitable for owner-occupation or premium rental use. The building has been developed with a clear focus on modern urban living, combining clean architectural lines with elements such as glass-fronted balconies and a striking vertical garden that adds character and a sense of greenery to the façade. This design-forward approach, paired with quality construction and refurbishment, ensures long-term appeal in an area undergoing continuous transformation. From an investment perspective, the property qualifies for the Greek Golden Visa program, making it particularly attractive to international buyers seeking both residency and a secure real estate asset within the European market. The central location, combined with consistent demand from professionals, students, and city visitors, supports strong rental performance, with projected returns of at least 5% annually. At the same time, the ongoing regeneration of the wider Omonia district, alongside the cultural and residential revival of Metaxourgeio, continues to enhance property values and reinforces the long-term growth potential of this investment.
Features
Air-conditioningBalconyBuilt-in kitchenGardenSecurity systemElevator
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Engel & Völkers Athens MMC

Your advisor: Alexandra Konstantinou

Property ID: W-0497OZ

Property details
  • Object type

    Flat

  • Condition

    Top

  • Bedrooms

    1

  • Bathrooms

    1

  • Number of Floors

    1

  • Total surface

    ~72 m²

  • Living area

    ~72 m²

  • Flooring

    Tiles

  • Building Restrictions

    None

Energy efficiency information
  • Construction year

    1980

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Heat pump

Location: Athens, Attica

Location: Metaxourgeio is a neighborhood in the northwestern part of central Athens. Unique features: In recent years, several areas of the neighborhood have been upgraded as part of the overall redevelopment of Metaxourgeio. A distinctive feature of the area is its magnificent neoclassical buildings and picturesque pedestrian streets hidden in its alleys, which bear witness to its long history. The area is gaining a reputation as an artistic and modern neighborhood due to the galleries, museums, and contemporary restaurants and cafes that have opened in recent years. The heart of the neighborhood is Avdi Square, which attracts residents and visitors who enjoy the greenery. The square hosts festivals, and there are restaurants, theaters, and art galleries around it. Accessibility: Metaxourgeio extends to the area defined by Konstantinoupolis and Diligianni avenues and Deligiorgi, Agios Konstantinos, Panagi Tsaldari (Piraeus), and Salaminos streets. It borders Gazochori, Kerameikos, the wider area of Omonia Square, Plato's Academy, and Kolonos. It is crossed by the OSE underground railway network. The eponymous metro line 2 passes through Metaxourgeio. Investment potential: Metaxourgeio is included in the Athens Archaeological Sites Unification Program (1998), making it particularly attractive to investors.

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