$2,240,800

Investment Building 805 Sqm In Central Neapoli Athens

  • 12 Beds
  • 7 Baths
  • 8,665 Sqft
  • Updated: October 23

About the Property

An exceptional investment opportunity in a prime central location at the foot of Lycabettus Hill, within Neapoli, one of Athens’ established and consistently performing residential districts. This fully operational, income-producing building offers a combination of immediate rental income and long-term value preservation.

Total built area: 805 sq.m.
Year of construction: 1979
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An exceptional investment opportunity in a prime central location at the foot of Lycabettus Hill, within Neapoli, one of Athens’ established and consistently performing residential districts. This fully operational, income-producing building offers a combination of immediate rental income and long-term value preservation.

Total built area: 805 sq.m.

Year of construction: 1979

Number of storeys: 4

Residential configuration: 7 fully renovated one- and two-bedroom apartments

Mixed-use profile: Residential units complemented by 2 ground-floor commercial spaces, contributing to income diversification

Condition: Fully renovated, furnished, and in continuous operation
Start of operation: 2019


Location: excellent accessibility, within walking distance of Panepistimio Metro Station and Syntagma Square, ensuring direct connectivity to the historic, commercial, and administrative center of Athens.

Residents enjoy:
* Apartments with balconies
* A large communal rooftop terrace for residents’ use, offering open views toward greenery, the mountain, and the surrounding urban landscape
* A well-maintained residential environment suited to long-term occupancy


Investment perspective: the asset presents a compelling profile, combining established income, a prime central location, and long-term hold security, making it attractive for both local and international investors seeking a reliable and well-structured real estate investment in the heart of Athens.

The property is transaction-ready.

Contact us for further information and private viewings.

Location: Lying in the foot of Strefi’s hill and in close distance to Lycabettus hill, Exarcheia is located right in the heart of Athens neighboring Syntagma, the Historical Center and Kolonaki.

Unique features: Exarcheia is a vibrant area full of vinyl record stores, bookshops, publishing shops, Universities, libraries, a community-created park, artful graffiti, cool bars, small restaurants with local food and coffee shops . It can be a great place to explore, with its quirky stores, picturesque small alleys, some of the most beautiful neoclassical architecture buildings, and a probably edgy yet vibrant cultural vibe. With a distinctly different vibe to any other part of town, Exarcheia has retained its old Greek charm while welcoming in a new artistic crowd. Neighboring Kolonaki area and just a few meters away from Syntagma square it is one of the most appealing areas in the city center. Exarcheia is rising up to a new era, becoming a sought after neighborhood of Athens.

Accessibility: Extremely well-connected by 3 surrounding metro stations plus a new metro line scheduled to stop right in the center of the area. Bus services and trolleys connect Exarcheia to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses while the surrounding avenues make it an easily accessible destination from other areas.

Investment potential: Its central location combined with the Universities of the area plus the upcoming new metro line make it an ideal area for investment.

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

    Other

  • Floors

    4

  • Year built

    1979

  • Price/sqft

    $258

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Gyzi District, 7th District of Athens, Athens 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-046QSO-W-046QSO
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