$7,318,434

Prime Kolonaki Exceptional Whole Building Investment

  • 20 Beds
  • 4 Baths
  • 11,604 Sqft
  • Updated: Today

About the Property

In the very heart of Kolonaki, Engel & Völkers presents a rare investment opportunity: a whole building in one of the area’s most sought-after locations, just steps from Kolonaki Square.

Set across five levels and complemented by a spacious rooftop terrace, the property offers a combination of scale, layout and location with considerable potential for a range of future uses. Depending
In the very heart of Kolonaki, Engel & Völkers presents a rare investment opportunity: a whole building in one of the area’s most sought-after locations, just steps from Kolonaki Square.

Set across five levels and complemented by a spacious rooftop terrace, the property offers a combination of scale, layout and location with considerable potential for a range of future uses. Depending on the desired future project, it could be repositioned as a boutique hotel, premium offices, residential apartments, a foundation, an art gallery or institution, or a carefully designed mixed-use project.

The spacious rooftop terrace adds further value, with the potential to create a pergola and an attractive outdoor area for relaxation and enjoyment, whether in the morning or evening.

With its versatility, prime location and income generation from the outset, this investment offers scope for further value creation and long-term capital appreciation.

Whole buildings of this scale and versatility, in such a prime position in Kolonaki, rarely come to the market. Further information on the property’s potential, feasibility and financial aspects is available upon serious interest and request.

We invite you to explore this opportunity and discover the possibilities it offers for your future investment strategy.

Location: Kolonaki is an upscale district, full of old-world charm and cosmopolitan glamour, right in the city centre, a mere stone’s throw from Syntagma Square and the historic districts of Plaka and the Acropolis.

Unique features: Lined with cafes, restaurants, designer boutiques, theatres and book- stores, Kolonaki is as much a commercial hub as a creative one. This is where the cool and trendy shop, flaunt and people-watch. It is essentially Athens’ ‘Museum Mile’ with the Byzantine Museum, the Benaki Museum, the Cycladic Museum and the recently opened Goulandris Museum, located within a 1 km radius. Home to
Athens’ literati and opinion-makers, Kolonaki has long been a coveted real-estate destination.

Accessibility: Extremely well-connected by the metro, tram, bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses.

Investment potential: This area is right in the centre of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.

Appliances, Built-in cupboards, Built-in kitchen, Central air-conditioned, Ceiling cooling, Building view
  • Property type

    Other

  • Floors

    5

  • Year built

    1955

  • Price/sqft

    $630

Explore the Area

Sunoikia Kolonakiou, 1st 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 bu
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!

Last updated
Today
First listed
September 23
Listing reference
I-04AXQJ-W-04AXQJ
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