Rare Kolonaki Penthouse With Exceptional Potential

This is one of the most impressive penthouses in Athens, located in the prestigious Kolonaki neighborhood. An exceptional, bright, and spacious full-floor penthouse apartment, representing a rare investment opportunity with outstanding potential for enhancement.

It occupies the 8th floor of a well-maintained apartment building dating from the 1960s. The quality of the construction is evident from the outset: the building entrance exudes the elegance of the area’s classic urban architecture, featuring carefully crafted textured stone cladding, wooden ceiling details, immaculate marble floors, and a functional elevator.

The property’s greatest advantage is its impressive and exceptionally large terrace, offering an open horizon with panoramic, unobstructed views of the urban landscape, the mountain, and the sea, providing a rare sense of freedom in the heart of the city. The interior spaces stand out for their character, with the living room featuring gray marble flooring and a traditional fireplace clad in decorative stone. The layout comprises a sitting room, a kitchen, 2 bedrooms, a bathroom, and a WC, featuring square-shaped, highly functional spaces.

The apartment requires renovation, giving the new owner the unique opportunity to capitalize on its prime location and transform it into a contemporary, ultra-luxurious penthouse built to the highest standards and tailored entirely to their personal taste. This is a property with extraordinary possibilities in one of the city’s most premium locations.

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, Open view