Investment Building 238 Sq.M. In Gyzi Square

In an exceptional spot in Gyzi and just a few steps away from the square, a two-story building is offered for sale, presenting excellent potential for both private residence and investment. The building consists of three horizontal properties: two large whole-floor apartments of 100 sq.m. each on the 1st and 2nd floors, and a 38 sq.m. penthouse apartment on the roof level that opens up to the terrace.

The whole-floor apartments on the 1st and 2nd floors feature an entrance hall, a spacious living and dining area, two large bedrooms, a separate kitchen, a bathroom, and a guest WC. Externally, a continuous, wrap-around corner balcony connects the living room, the dining area, and both bedrooms. The penthouse apartment on the roof level consists of one bedroom, a living room, a bathroom, and a kitchen. Built in 1960, this corner building features central oil heating.

The presence of a pedestrian street in front of the entrance provides an enhanced sense of privacy and openness, while the location is ideal, situated right next to retail shops, dining options, and daily amenities. This property is a perfect solution for an owner-occupier, as high-yield investment rental units, or as a combination of private residency and rental income exploitation.

Location: The Gyzi area borders Polygono to the north, with Prigkiponnison Street (continuation of Evelpidon Street) as the boundary; Neapoli to the south, with Alexandras Avenue as the boundary; to the east, with Kyrillou Loukareos Street as the boundary, it borders the Averof neighborhood, Kountouriotika and Ampelokipoi; and to the west it borders Pedion tou Areos.

Unique characteristics: The Gyzi area is close to the center of Athens, is densely populated, and is a neighborhood with several squares as well as hangouts that give it vibrancy. Nearby are the Athens University of Economics and Business and Pedion tou Areos, the largest public park in Athens, which also hosts the Alsos Theatre.

Accessibility: The area is served by Metro Line 3, specifically the Ampelokipoi station, as well as many bus lines, the closest being the “Gyzi – Kaningos Square (021)” line at the square. The future “Courts” station of Metro Line 4 will be another very nearby option.

Investment potential: This area is located right in the center of Athens, an area that has always attracted strong interest from buyers. Guaranteed investment returns’

Built-in kitchen, Appliances, Furnished, Building view, Open view