Building 339sqm In Kipseli

Embrace an exceptional investment opportunity with this rare listed three-storey neoclassical building in Agios Georgios Square, Kypseli, one of Athens’ most dynamic neighborhoods. Perfect for conversion into boutique apartments, luxury residences, a boutique hotel, or a mixed-use development, this property blends timeless architectural elegance with outstanding investment potential.

The property qualifies for three Golden Visa investments, with a minimum investment threshold of €250,000 per investor, subject to applicable legislation for listed buildings. It boasts 402 sq.m. of remaining building rights, offering valuable future development potential.

Exuding exquisite neoclassical architectural details both inside and out, the building features spacious balconies, a private courtyard, storage areas, and the possibility of creating an impressive rooftop garden. Ideally situated in one of Athens’ most sought-after districts, it offers excellent connectivity and immediate access to everyday amenities, including proximity to three Metro stations and major bus and trolley routes.

The property may also be eligible for government grants or subsidy programs for restoration, façade preservation, renovation, energy upgrades, air-conditioning installation, and other improvement works, subject to the terms of relevant funding schemes. Built in 1927, it comprises six bedrooms, two kitchens, three living rooms, two bathrooms, two guest WCs, a private garden, and a storage room, and is equipped with a solar water heater.

Transfer of Development Rights (TDR): Approximately 402 sq.m. of unused development rights may be transferable and available for sale through the Digital Land Bank, subject to the applicable legal framework and approvals.

This is a truly exceptional opportunity to acquire a landmark property that combines historical character, architectural prestige, and significant long-term investment potential in the heart of Athens.

Listing No: 1545127