For Sale Residential Building 260sqm Petralona Kato Petralona

In a particularly sought-after location in Kato Petralona, this highly versatile property comprises a total built area of 260 sq.m. on a 247 sq.m. corner plot, with a 19 m frontage and 14 m depth, offering significant potential for both private residence and investment or professional use. The property consists of several independent spaces across different levels. On the ground floor, measuring 99 sq.m., there is a residence built in 1962, currently rented and maintained in very good condition, comprising two bedrooms, an entrance hall, living room, separate kitchen, bathroom and WC. The 1st-floor residence, measuring 101 sq.m., was built in 1972 and has been fully renovated. It is currently owner-occupied and features two bedrooms, a spacious living room with fireplace, separate kitchen, bathroom, storage room and enclosed parking space. A major highlight is the 150 sq.m. private-use rooftop terrace, complete with a pergola and barbecue area, creating an exceptional private outdoor space ideal for entertaining, relaxation and enjoying the Athenian atmosphere. Within the plot, there is also an additional 72 sq.m. apartment requiring extensive renovation, an independent 18 sq.m. studio, also requiring renovation, as well as a 9 sq.m. storage room. The property benefits from a building coefficient of 3.00 and a site coverage ratio of 0.60, while the existing building is approximately 70% functional, allowing for different approaches to its future utilization depending on the owner’s objectives. Its location is particularly convenient, with immediate access to schools, shops, services and public transportation, while Kato Petralona is renowned for combining authentic Athenian character with contemporary urban living and excellent proximity to Thissio, Filopappou Hill and the historic center of Athens. A rare and highly versatile property offering multiple possibilities, ideal for an investor or private buyer seeking an entire building with existing residences, substantial auxiliary spaces, a remarkable private rooftop terrace and valuable development potential, in one of Athens’ most distinctive and increasingly sought-after neighborhoods.