Prime Mixed Use Investment Opportunity In Kolonaki 463 Sqm Across 3 Levels

In one of Athens’ most distinguished addresses, just seconds from Kolonaki Square, this exceptional mixed-use property unfolds across 463 sqm over three levels, offering a rare combination of scale, visibility, and transformative potential.

The property is accessed through an expansive ground-floor frontage, whose generous width ensures a commanding street presence and exceptional visibility. An internal elevator connects all levels, while the upper floors open onto balconies with urban outlooks, including views towards Kolonaki Square.

The building’s façade is scheduled for renovation, further enhancing its architectural presence. Its prime location benefits from constant pedestrian flow and high exposure, placing it among the most sought-after micro-locations in central Athens.

Designed for vision and flexibility, the asset lends itself to a range of high-end concepts, including:
- Boutique hotel or branded serviced residences
- Executive suites or private members’ space
- Flagship retail destination
- Elegant F&B venue
- Mixed-use development combining commercial, residential, and hospitality elements

Requiring renovation, the property offers a compelling opportunity to create value through repositioning, with potential returns estimated at approximately 6%.

Set in the heart of Kolonaki, an address synonymous with refined living, cultural vibrancy, and immediate access to Syntagma and the wider city.

A rare opportunity to acquire a landmark asset of scale and character, combining prime location, strong visibility, and long-term upside.

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, Central air-conditioned, Building view