Engel & Völkers Private OfficeEngel & Völkers Private Office
Elegant hallway with herringbone wood floors, two cream sofas, and a seating area with red chairs under modern lighting. [AI-generated text]

Prime Kolonaki - Exceptional whole building investment

€6,400,000
  • 20 Bedrooms
  • 4 Bathrooms
  • ~1,078 m² Total surface
  • ~1,078 m² Living area
  • ~100 m² Terrace surface
  • Construction year 1955

Description

In the very heart of Kolonaki, Engel & Völkers presents a rare investment opportunity: a whole building in one of the area’s most sought-after locations, just steps from Kolonaki Square.

Set across five levels and complemented by a spacious rooftop terrace, the property offers a combination of scale, layout and location with considerable potential for a range of future uses. Depending on the desired future project, it could be repositioned as a boutique hotel, premium offices, residential apartments, a foundation, an art gallery or institution, or a carefully designed mixed-use project.

The spacious rooftop terrace adds further value, with the potential to create a pergola and an attractive outdoor area for relaxation and enjoyment, whether in the morning or evening.

With its versatility, prime location and income generation from the outset, this investment offers scope for further value creation and long-term capital appreciation.

Whole buildings of this scale and versatility, in such a prime position in Kolonaki, rarely come to the market. Further information on the property's potential, feasibility and financial aspects is available upon serious interest and request.

We invite you to explore this opportunity and discover the possibilities it offers for your future investment strategy.

Features
Air-conditioningBalconyBasementBuilt-in kitchenGardenPatioSecurity systemTerraceElevatorFireplaceGuest toilet

Private Office

Advisor

engel & völkers agent profile image

Rania Papadatou

Private Office Advisor

Self-employed

Property ID: W-04BR2Q

Property details
  • Object type

    Apartment house

  • Bedrooms

    20

  • Bathrooms

    4

  • Number of Floors

    5

  • Total surface

    ~1,078 m²

  • Living area

    ~1,078 m²

  • Terrace surface

    ~100 m²

  • Flooring

    Parquet, Tiles

  • Building restrictions

    Single Monument Building

Energy efficiency information
  • Construction year

    1,955

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Decentral heating, Heat pump, Self-Contained central heating

Location: Kolonaki, Athens

Location: Kolonaki is an upscale district, full of old-world charm and cosmopolitan glamour, right in the city centre, a mere stone’s throw from Syntagma Square and the historic districts of Plaka and the Acropolis. Unique features: Lined with cafes, restaurants, designer boutiques, theatres and book- stores, Kolonaki is as much a commercial hub as a creative one. This is where the cool and trendy shop, flaunt and people-watch. It is essentially Athens’ ‘Museum Mile’ with the Byzantine Museum, the Benaki Museum, the Cycladic Museum and the recently opened Goulandris Museum, located within a 1 km radius. Home to Athens’ literati and opinion-makers, Kolonaki has long been a coveted real-estate destination. Accessibility: Extremely well-connected by the metro, tram, bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses. Investment potential: This area is right in the centre of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.

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Provider

EV MMC Greece S.A.

Mesogeion Avenue 2-4, Athens Tower

Athens, 11527, Greece

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