$3,921,401

Investment Building, Prime Location Pagkrati, Golden Visa Potential

  • 12 Beds
  • 11 Baths
  • 7,320 Sqft
  • Updated: October 23

About the Property

An exceptional investment opportunity in a prime spot in one of Athens’ most vibrant and sought-after neighborhoods. This fully renovated, income-producing building combines immediate returns with strong long-term upside, including optional exit strategies aligned with Golden Visa demand.

Total area: 680 sq.m.
Configuration: 11 one- and two-bedroom units
Construction history: Orig
An exceptional investment opportunity in a prime spot in one of Athens’ most vibrant and sought-after neighborhoods. This fully renovated, income-producing building combines immediate returns with strong long-term upside, including optional exit strategies aligned with Golden Visa demand.

Total area: 680 sq.m.
Configuration: 11 one- and two-bedroom units
Construction history: Originally built in the 1930s as a two-level structure comprising a semi-basement and ground floor, with the first floor added in the 1960s
Condition: Fully renovated in 2025, tastefully furnished and fully operational
Income profile: Strong rental performance from day one

From an investment perspective, the asset provides optional value creation, as the entire building may be acquired and, at a later stage, the residential units may be resold individually. An approach particularly attractive for investors and family offices targeting Golden Visa–driven demand.

Residents and guests enjoy:
* A large communal rooftop terrace with open urban and mountain views, including Lycabettus Hill

* Calm, zen-inspired interiors designed to enhance comfort and well-being

* A welcoming entrance with garden

* A fully operational café on site, adding character and contributing to income diversification

Do not miss the opportunity to own a fantastic investment in a prime Pagkrati location, at the heart of Athens’ urban lifestyle

The property is transaction-ready.
Contact us for private viewings.

Location: Pangrati is a vibrant neighborhood in the center of Athens with a rich history and multicultural character. It is located within walking distance from the elegant Kolonaki area, offering easy access to entertainment, cultural, and recreational options. The neighborhood boasts a unique atmosphere with its traditional streets, picturesque squares, and rich culinary scene. Situated just 10 minutes away on foot from the city center, Pangrati is across from the National Garden and behind the Kallimarmaro Stadium as well as the National Gallery.

Unique features: Pangrati, also known as Vathrahonisi or the “Island of Frogs” is an emerging creative area filled with traditional cafes, bars, and parks. It maintains the genuine neighborhood feel, providing easy access to schools, supermarkets, galleries, and museums such as the Museum of Modern Art of the Goulandris Foundation. Moreover, it is within close proximity to most attractions in the area.

Accessibility: The area enjoys excellent connectivity with the metro, tram, and buses serving the entire Athens area. The airport is approximately a 50-minute journey by train or bus.

Investment potential: Pangrati is one of the most sought-after investment locations in central Athens. The dynamic nature of this area is undeniable, with stable returns ensuring the success of your investment.

Built-in cupboards, Furnished, Built-in kitchen, Split air-conditioned, Building view, Green view, Mountain view
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  • Property type

    House

  • Floors

    2

  • Year built

    1930

  • Price/sqft

    $535

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2nd District of Athens, Athens, Greece View on Google Maps
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Engel & Völkers Athens
Engel & Völkers Athens
Mesogion Avenue 2-4, 15127, Athens, Greece
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With Engel & Völkers, your real estate agent of choice in Athens, you are in the best possible position when b
With Engel & Völkers, your real estate agent of choice in Athens, you are in the best possible position when buying or selling villas, houses, apartments and land in Greece. We look forward to introducing you to our range of services on our website! 
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Last updated
October 23
First listed
October 23
Listing reference
I-0303JG-W-0303JG
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