Building for Sale

€ 800,000
5+
263 m²
3+

Note

Listing updated on 02/04/2026
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: 2157413

INVESTMENT OPPORTUNITY IN KALLITHEA For sale: a standalone 4-level residential building, with a total surface area of 263 sq.m., constructed in 2011, located at a prime, high-visibility avenue position in Kallithea — one of the most dynamic and rapidly developing areas of central Athens. The property extends over a Raised Ground Floor, 1st, 2nd and 3rd floors, and includes a rooftop with two storage rooms. Each floor measures 75 sq.m., while the ground floor features an independent studio apartment of 23 sq.m. Ideal for GOLDEN VISA ALSO!!! LAYOUT & KEY FEATURES 7 Bedrooms 4 Living Rooms 4 Kitchens 4 Bathrooms 1 Parking Space Internal staircase Partially completed elevator (full installation and machinery in place; cabin pending) Air conditioning in all areas (individual heating) Solar water heaters for all apartments and electric water heater for the studio Aluminum window frames with double glazing Security door & alarm system Tiled flooring Energy Class D Natural gas infrastructure installed (not connected) Property condition: Very good Natural attributes: Bright, dual-aspect, airy and sunlit VIEWS & SURROUNDINGS Unobstructed panoramic views of the square, park, greenery, surrounding hills and Philopappos Hill, offering a strong sense of openness and high living quality — a key advantage for both touristic and long-term rental use. LOCATION – STRATEGIC ADVANTAGE Close to 3 ISAP (electric railway) stations: Kallithea, Tavros, Petralona 500 m from public transportation 500 m from Syngrou Avenue 500 m from Panteion University & Sivitanidios School 16 minutes walking distance to the University 7 minutes by car to the Acropolis 3 km from the coastline Immediate access to retail, dining, shopping centers and entertainment venues A quiet yet fully functional residential neighborhood. INVESTMENT PROFILE – IMMEDIATE INCOME The property is fully leased, generating: €650 / month per floor €350 / month for the ground-floor unit Lease agreements expire in one year, providing flexibility for: rental re-pricing, conversion to Serviced Apartments, short-term rental (Airbnb) operation, or a mixed-income investment strategy. SUMMARY A high-quality income-producing asset offering: immediate cash flow, an excellent and well-connected location, multiple value-add and repositioning options, and strong capital appreciation potential. An ideal acquisition for investors seeking stable yield, tourism-driven upside, and a strategic foothold in the Athens real estate market.
Features
Contract
Sale | Income property
Type
Building
Surface
263 m²
Rooms
5+ rooms, 3+ bathrooms
Garage, car parking
1 in shared parking
Availability
Available from 04/02/2026
Other features
  • Alarm system
  • Security door
  • Window frames in double glass / metal
Price information
Price
€ 800,000
Price per m²
3,042 €/m²
New
Energy efficiency

Energy consumption

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Discover every corner of the property
+17
Additional options

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