Residential building For sale

Mets - Kalimarmaro, Athens - Center
2.690€ / sqm
1.590.000€
Built in 1974
Size 591sqm

Description

Boutique Urban Building in Mets – Kallimarmaro, Central AthensProperty Code: 1546205For Sale | Total Building Area: 591 sq.m. | 4 Floors + Basement | ElevatorLocated in the highly sought-after Mets–Kallimarmaro area of Central Athens, this distinctive four-storey urban building offers an excellent investment opportunity in one of the capital’s most prestigious and strategically located neighborhoods.The property has a total surface area of approximately 591 sq.m. and is situated on a plot of approximately 1 sq.m. It was originally constructed in 1975 and was fully renovated in 2012, maintaining the building in excellent overall condition and allowing for immediate utilization with limited capital expenditure.Property LayoutThe building comprises:Ground-floor street-front commercial premises, currently configured as a shop, with a small rear courtyard.Basement area belonging to the commercial premises.Four upper floors, each comprising spacious residential apartments.The apartments feature 2 or 3 bedrooms, a large living room, kitchen, balconies and excellent cross-ventilation, while offering pleasant views and a strong sense of greenery.ElevatorCentral heatingAir conditioningAlarm systemEnergy Performance Certificate: Class DDevelopment & Investment PotentialThe ground-floor commercial space offers significant redevelopment potential and may be converted into two independent street-front apartments of approximately 65 sq.m. each, subject to the relevant planning and legal approvals. The units could benefit from the existing rear courtyard, adding valuable outdoor space.The property also includes an approximately 8-metre-wide privately owned frontage area, offering the possibility of creating a landscaped courtyard or parking area, subject to the applicable regulations and approvals.The combination of its existing residential configuration and redevelopment potential makes the property particularly attractive for:Boutique hospitalityServiced apartmentsStudent accommodationResidential investmentFlexible mixed-use developmentGolden Visa-oriented investment, subject to the applicable eligibility requirements and legal due diligencePrime Central Athens LocationThe property enjoys an exceptional location, combining tranquillity, accessibility, greenery and proximity to the historic heart of Athens.Mets and Kallimarmaro are located next to the Acropolis and Athens Historic Centre, providing easy access to some of the city’s most iconic cultural and lifestyle destinations, including:Acropolis MuseumNational Museum of Contemporary Art (EMST)Stavros Niarchos Foundation Cultural Centre – Onassis StegiNational GardenPanathenaic Stadium (Kallimarmaro)Zappeion Hall and GardensTemple of Olympian ZeusAcropolis and the Historic Centre of AthensThis exceptional setting offers an unparalleled combination of cultural heritage, urban lifestyle, tourism appeal and long-term investment potential.Investment Highlights591 sq.m. total building area4 residential floors + ground-floor commercial space + basementElevatorRenovated in 2012Energy Class DPotential conversion of the ground floor into 2 apartmentsPrivate approximately 8 m frontage area with potential for courtyard/parkingRear courtyardPrime Mets–Kallimarmaro locationExcellent proximity to the Acropolis and Historic CentreSuitable for boutique hospitality, serviced apartments, student accommodation or residential investmentAn exceptional opportunity to acquire a substantial urban building in one of Athens’ most desirable central neighborhoods, offering both existing income potential and considerable future development flexibility. 

Property details

Listing ID:

1546205

Category:

Residential building

Price:

1.590.000€

Size:

591sqm

Area:

Athens - Center

Sub-area:

Mets - Kalimarmaro

Bathrooms:

6

Construction year:

1974

Renovation year:

2012

Energy class:

d

Additional features

  • Double glass

    Air conditioning

    Elevator

    Bright

    Penthouse

    Storage room

Location