Architect Designed Modernist Estate On A 1,548.5 Sq.M. Corner Plot | Old Psychiko, Athens
7,266 Sqft
16,668 Sqft lot
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About the Property
Situated in the heart of Old Psychiko, one of Athens’ most prestigious and tightly held residential enclaves, this exceptional architect-designed estate occupies a rare 1,548.5 sq.m. corner plot, offering outstanding privacy, mature gardens and significant long-term redevelopment potential.
Originally designed in 1970 by acclaimed Greek architect Thymios Papagiannis, the residence is a re
Situated in the heart of Old Psychiko, one of Athens’ most prestigious and tightly held residential enclaves, this exceptional architect-designed estate occupies a rare 1,548.5 sq.m. corner plot, offering outstanding privacy, mature gardens and significant long-term redevelopment potential.
Originally designed in 1970 by acclaimed Greek architect Thymios Papagiannis, the residence is a remarkable example of timeless modernist architecture. Defined by clean horizontal lines, generous proportions and floor-to-ceiling glazing, the property embraces natural light while maintaining a seamless relationship with its landscaped surroundings.
The existing residence extends to 675 sq.m. and is arranged over two principal residential levels together with auxiliary spaces, providing exceptional flexibility for renovation, modernisation or expansion.
Building Configuration Ground Floor Residence: 379 sq.m. Ground Floor Auxiliary Areas: 66 sq.m. First Floor Residence: 210 sq.m. Boiler / Technical Room: 20 sq.m. Total Built Area: 675 sq.m.
One of the property’s most compelling attributes is its remaining development potential, with approximately 274 sq.m. of additional buildable area, allowing future owners to further enhance or expand the residence, subject to planning approvals.
Whether restored as a distinguished private family estate or transformed into a contemporary architectural masterpiece, this property represents an increasingly rare acquisition opportunity within one of the capital’s most exclusive neighbourhoods.
Property Highlights Prime location in Old Psychiko Rare corner plot offering enhanced privacy and dual street frontage Plot Size: 1,548.5 sq.m. Existing Residence: 675 sq.m. Designed by renowned architect Thymios Papagiannis Built in 1970 Approx. 274 sq.m. remaining building rights Mature landscaped gardens Exceptional natural light throughout Outstanding renovation and repositioning opportunity Suitable for expansion or redevelopment (subject to planning permission) Lifestyle & Location
Old Psychiko remains one of the most desirable residential addresses in Greece, favoured by diplomats, ambassadors, business leaders and high-net-worth families thanks to its security, low-density character and exceptional quality of life.
The property enjoys immediate access to:
Athens International Airport – 25 km (approximately 22 minutes) Golden Hall – 3.9 km Hygeia Hospital – 3.4 km Psychiko Square – 1.4 km Athens College – 850 m Moraitis School – 600 m Investment Perspective
Large residential estates of this scale are becoming increasingly scarce within Old Psychiko. Combining architectural pedigree, a substantial landholding, remaining development rights and one of Athens’ most prestigious residential locations, this property presents a unique opportunity to create a landmark residence while benefiting from the long-term appreciation of one of Greece’s most resilient luxury real estate markets.
A truly rare opportunity to acquire one of Old Psychiko’s last large private estates, offering architectural significance, exceptional land size and outstanding long-term value in one of Athens’ most prestigious residential addresses.
Founded in 2004, Sabbianco Properties is one of Cyprus’ leading real estate companies, with offices in Nicosia, Lim
Founded in 2004, Sabbianco Properties is one of Cyprus’ leading real estate companies, with offices in Nicosia, Limassol, Larnaca, Paralimni and Marousi in Greece. We combine experience, innovation, and personalised service to support our clients through every step of their real estate journey – before, during, and after each transaction.
Sabbianco Properties offers a complete range of professional solutions and high-quality services through a well-trained team. Our goal is to achieve the best possible results for every individual or business – with consistency, efficiency, and reliability.