Zweizimmerwohnung zweite Etage, Zentrum, Zografou

For Sale: 2nd Floor Apartment 70,94 sq.m. with Air Rights 190 sq.m.– Unique Investment Opportunity in Zografou In Zografou, in one of the most sought-after areas, just a three-minute walk from the under-construction metro at Plateia Gardenias, expected to operate in 2029, a bright, cross-ventilated 2nd-floor apartment with high ceilings, totaling 70.94 sq.m., is for sale in a beautiful duplex building of the era (1965) with good aesthetics and a well-maintained entrance. The apartment is corner-facing, with a living room and bedroom facing the street, each with an independent balcony and views of different streets. Upon entering, there is a spacious hallway. It features one bedroom, a kitchen with a balcony overlooking the courtyard, and a bathroom with an additional mezzanine, while the layout allows the creation of a second bedroom. The property is in good condition and requires partial renovation. The neighborhood provides immediate access to a stadium, hospitals, public services, universities, and all necessary amenities, while public transport ensures easy communication with central Athens. Along with the apartment, the air rights of the building are also for sale, i.e., the right to construct a new floor. The building block where the property is located falls within an area with a FSR of 3. Given that the plot has an area of 270.50 sq.m., according to the engineer’s report, there is a remaining buildable area of 429.70 sq.m. (for information), which theoretically allows the construction of two additional identical floors of 190 sq.m. and a partial fourth floor above the ground floor. The most feasible and economical solution is the construction of a single floor of 190 sq.m., which can be carried out without structural reinforcement of the existing building, using a metal supporting structure, a wooden roof, or a composite roof construction with concrete and infill walls made of dry construction materials. Once the third floor is built, it will offer an open view, enhancing the property’s value and appeal. A structural study is available upon serious interest. The combination of the existing apartment with the air rights creates a property of increased investment interest, offering the possibility for owner-occupation with simultaneous investment potential, as well as the development of new apartments with prospects for resale or rental to students, professors, and healthcare professionals, making full use of the strategic location and future infrastructure of the area. Distance from: Airport(m): 26,100, Sea(m): 11,000, Total Price: €245,000 (apartment + air rights) | Blueberry Realty | Tel.: +30 210 7253300, +30 6947 566 912 | Email: valia@blueberry-realty.com