Independent Investment Building For Sale In Central Pangrati, Athens

Built in 1988, the building offers a total of 535 sqm, including a 102 sqm ground-floor restaurant and four apartments on the first through fourth floors. The first, second and third floors each measure approximately 101.6 sqm, while the fourth floor measures 53.14 sqm. The upper floors have been converted from professional premises to residential use, with the relevant change of use completed.

All four apartments have been fully renovated. The first floor was renovated in July 2026, while the second, third and fourth floors were renovated in June 2019. The first three apartments each feature two spacious bedrooms and two bathrooms, with one bedroom on the first floor serving as a master bedroom. The fourth-floor apartment offers one bedroom and one bathroom.

The apartments feature bright, generous interiors, security doors, new aluminium frames with double glazing, built-in ovens, ceramic hobs and inverter air conditioning units. The building also benefits from a renovated lift and a spacious 75 sqm staircase area. Heating is autonomous and electric, and the property has an energy rating of C.

The ground-floor restaurant extends across 102 sqm and includes a spacious seating area, a bathroom with two toilet cubicles and two storage rooms.

Investment Potential

The building combines residential accommodation with a commercial unit, offering diversified income potential. According to the supplied information, the property is currently leased, is free of encumbrances and is presented as a ready-made investment opportunity.

Location – Central Pangrati

Pangrati is an established Athens neighbourhood known for its lively urban character and everyday amenities. The property is within walking distance of supermarkets, bakeries, restaurants, pharmacies and other local services. The planned Metro Line 4 is approximately 400 metres away on foot, while central Athens is also easily accessible, supporting the area’s appeal for both residential and commercial activity.