Building for Sale

For Sale – Fully Renovated Residential Building in Kypseli, Athens. A fully renovated, independent residential building is offered for sale in Kypseli, one of Athens’ most vibrant and upcoming neighborhoods, located near Fokionos Negri pedestrian street, with excellent access to public transport, universities and the city center. Prime Location 12 minutes’ walk from the Athens University of Economics & Business and private colleges. 3 minutes from Fokionos Negri pedestrian street. 10 minutes from Kypseli Square and the future Metro station (LINE 4). 15 minutes from VICTORIA station (Green Line). Immediate access to multiple bus lines on Patission Avenue. Building Layout Basement: 2 studio apartments. Ground floor, 1st, 2nd & 3rd floors: 8 apartments (2 per floor), each with one bedroom, open-plan living room with kitchen, bathroom and balcony. Property Overview Plot size: 120 sq.m. Total number of apartments: 10 Originally built in 1953 with high-quality architectural design. Fully renovated throughout. New electrical, plumbing and drainage systems. Each apartment has independent electricity and water meters. Apartment Specifications All units are fully renovated and finished with high-quality materials: Ceramic tile flooring and bathrooms. Energy-efficient aluminum frames with double glazing & electric shutters. Security entrance doors and intercom system. Two inverter air-conditioning units per apartment. Fully- furnished and equipped with: fitted kitchen, refrigerator, washing machine, dining table with chairs, double bed with orthopedic mattress, and wardrobe. Investment Profile All apartments are currently rented, providing immediate income. 62400 euros per year. Upon contract renewals in summer 2026, rental income is expected to increase by approximately 10%, further improving the yield. This property represents an excellent opportunity for investors seeking a fully operational, turnkey residential asset in a central and fast-growing area of Athens, with strong demand from students, young professionals and international tenants.