Single-family detached house 400 m², Lioumi, Aigaleo

Located in one of the most strategic areas of the western suburbs of Athens, just a few steps from the University of West Attica — the third largest higher education institution in Greece, hosting thousands of students each year — this standalone building of 600 square meters presents a rare investment opportunity. The property is situated just 250 meters from the Baroutadiko Grove and 550 meters from the Agia Marina metro station, two of the most significant landmarks of the Municipality of Aigaleo, further enhancing its prime location and investment potential. Currently operating as a student residence, the building consists of eight fully equipped apartments with a total net living area of approximately 400 square meters. On the ground floor, there are two spacious loft-style apartments: the first is 75 sq.m. and includes a living room, kitchen, bathroom, two bedrooms and a WC; the second is 114 sq.m., featuring a large living area, kitchen, two bathrooms, three bedrooms, and an additional storage room that can be used as a fourth bedroom or guest room. Both the first and second floors host three apartments each: two studios of 37 and 35 sq.m., and one studio of 30 sq.m. per floor — all carefully designed to meet the needs of long-term student accommodation. Built in 1978 and fully renovated in 2006, the building features an elevator and three storage rooms in the basement. Additionally, the third floor includes a 15 sq.m. space that remains unused, offering the potential to be converted into a laundry room or even an independent apartment with exclusive access to the rooftop. The area shows particularly strong demand for both student and long-term rentals, ensuring quick occupancy and highly satisfactory returns. This is an exceptional investment opportunity that combines low risk with a stable tenant base and strong income potential, while also offering long-term prospects in one of the most favorable locations in the city. Egaleo is located in the Western Sector of Athens and is only 6 km from the city center. It borders with the Municipality of Athens, Peristeri and Chaidari, and the municipalities of Nikaia - Agios Ioannis Rentis, Ag. Varvara and Moschato - Tavros. Unique Features: Egaleo is one of the most famous municipalities of Athens, as it dates back to antiquity. Until a few years ago, Egaleo was the capital of West Attica; as a result, the city was home to several public services. Its long historical background, as well as its inexhaustible beauty, make Egaleo one of the most popular municipalities as today it combines history with tourism and entertainment. The bustling and popular Agias Lavras pedestrian area, as well as Markou Botsari street, offer many options in restaurants and cafés ideal for friendly and family gatherings. Preserving the aroma of a traditional district, Egaleo is one of the most rising areas of Athens. Accessibility: In the most central part of the municipality, the well-known Eleftherias square is located where also the metro station is to be found, being an easy and fast central transit axis for all visitors from all over Athens, as it is only 10 minutes away from the capital’s most historical point of interest, Monastiraki. Investment Dynamics: Its close distance from the center of Athens combined with the access to the metro and the commercial development in the surrounding area, make Egaleo ideal for investment.