EXCEPTIONAL INVESTMENT OPPORTUNITY: HISTORIC VILLA IN ATHENS Price: €650,000 Land Area: 530 m² Building Area: 241 m² (Two Floors) Prime Location in Kipriadu District Nestled between Ano Patissia and Galatsi, this property is situated in a historically rich area of Athens. The Kipriadu district is renowned for its early 20th-century architecture, featuring low-rise buildings, green spaces, and a vibrant local community. Despite urban development, the area retains its unique charm, offering a peaceful environment with easy access to the city center, public transport, schools, and shops. PROPERTY HIGHLIGHTS • Architectural Style: Eclectic, constructed in the 1920s–1930s. • Layout: Two independent floors, each measuring 120 m². • Entrances: Three separate entrances, providing flexibility in usage. • Private Garden Courtyard: Surrounded by greenery, ensuring privacy and serenity. • Balconies and Outdoor Patio: Enhancing the living experience. • Structural Condition: Excellent: Renovation may be required depending on intended use. INTERIOR FEATURES: • Wooden floors in good condition. • Two large balconies with two exits. • High ceilings (4 meters) on the second floor. • Three bathrooms. • Two kitchens (with the possibility of relocation). • Two separate entrances: one rear exit from the kitchen. PLOT FEATURES: • Corner plot with mature trees and a secluded area surrounded by green bushes along the perimeter. • Elevated patio on the street, ideal for a dining or seating area. EXPANSION POTENTIAL: Possibility to add auxiliary structures or expand the building's footprint, subject to local zoning regulations and permits. RESTAURANT POTENTIAL This property presents an ideal opportunity for establishing a restaurant: • Spacious Layout: The two floors provide ample space for dining areas and kitchen facilities. • Outdoor Dining: The private garden courtyard is perfect for creating an outdoor dining space, enhancing the dining experience. • Architectural Charm: The eclectic style and historical features add unique character, attracting patrons seeking a distinctive atmosphere. • Prime Location: The Kipriadu district's blend of residential and commercial spaces ensures a steady flow of potential customers. • Investment Viability: With the growing demand for unique dining experiences in Athens, this property offers a promising venture for restaurateurs. INVESTMENT OPPORTUNITIES This property represents an ideal investment opportunity with versatile usage options: • Residential Use: Convert into two separate apartments or a single-family home. • Boutique Hotel or B&B: Leverage its unique character and location to attract tourists. • Medical or Educational Facility: Previously leased by the municipality as a kindergarten, indicating suitability for such purposes. • Rental Income: Potential monthly rental income of €4,500–€5,000, depending on the chosen use. Daniel Akopian Founder, AVIRTA Real Estate Group +30 6971 938075 avirtaproperty@gmail.com www.avirta.gr