Fully Renovated 9 Unit Residential Investment Building With Acropolis Views In Central Athens

A rare opportunity to acquire a fully renovated residential building comprising nine independent apartments in Kypseli, one of central Athens’ most established and characterful neighborhoods.

Originally built in 1952, the property has undergone a comprehensive renovation and structural upgrade, creating a turnkey residential investment of approximately 750 sq.m. extending from the semi-basement level to a private third-floor penthouse. Kypseli Residences — Investment.

The building comprises nine residential units, all finished to a consistent modern standard. The renovation included structural reinforcement, a new passenger elevator, new electrical and plumbing installations, heat-pump heating and cooling in every apartment, reinforced security doors and triple-glazed energy-efficient window frames. Each residence also features a new fitted kitchen, new bathroom and built-in wardrobes. Kypseli Residences — Investment…

Property Configuration
The approximately 750 sq.m. building is arranged as follows:
- Semi-Basement: 2 apartments – 67 sq.m. & 68 sq.m.
- Ground Floor: 2 apartments – 76.40 sq.m. & 80.40 sq.m.
- First Floor: 2 apartments – 76.40 sq.m. & 80.40 sq.m.
- Second Floor: 2 apartments – 76.40 sq.m. & 80.40 sq.m.
- Third Floor: Private penthouse of 56 sq.m. with approximately 75 sq.m. private terrace
- Total: 9 residential units / approximately 750 sq.m. Kypseli Residences — Investment…

One of the property’s standout features is the private roof terrace with views towards the Acropolis, creating a distinctive lifestyle element rarely found in a residential investment building of this scale in central Athens. The penthouse also benefits from its own dedicated private parking space. Kypseli Residences — Investment… Kypseli Residences — Investment…

Investment Opportunity
With the renovation already completed, the property offers an investor the ability to implement a residential rental strategy without the execution risk and time requirements normally associated with a full-building redevelopment.
Its configuration provides flexibility for long-term residential leasing, corporate accommodation or a diversified rental strategy across nine independent units, subject to the buyer’s preferred operating model and applicable regulations.

Located in Kypseli, the property benefits from a dense and walkable urban environment characterised by historic and mid-century architecture, established residential demand and improving connectivity with the wider Athens metropolitan area. Kypseli Residences — Investment…

For an investor seeking a turnkey multi-unit residential asset in central Athens, the combination of nine renovated apartments, approximately 750 sq.m. of total accommodation, private parking and a penthouse roof terrace with Acropolis views creates a compelling and difficult-to-replicate proposition.

Asking Price: €1,840,000
Kypseli Residences — Investment

Key Features
9 independent apartments · Approx. 750 sq.m. · Fully renovated · Structural reinforcement · Passenger elevator · Heat-pump heating & cooling · Triple-glazed windows · New kitchens & bathrooms · Penthouse · 75 sq.m. private roof terrace · Acropolis views · Private parking · Central Athens