Building for Sale

Unique property for sale in the Kolonos area, offering high investment value and flexibility for residential or tourist use. Built in 2002, the property has a total area of 684 sq.m. of main spaces with an additional 388 sq.m. of auxiliary spaces, distributed across multiple levels: Basement (306 sq.m.): Includes a ramp, 8 parking spaces, and storage areas. Ground floor (194 sq.m.): With a mezzanine of 73 sq.m. (for professional use). First floor (214 sq.m.): For professional use. Second floor (203 sq.m.): For residential use. Terrace (235 sq.m.): With a 31 sq.m. roof structure (dome) serving as an engine room and staircase, offering functional prospects. A notable feature of the property is the central staircase with two elevators (one heavy-duty) and the floor height exceeding 3 meters. The configuration of the property allows for its conversion into residences, apartments for tourist exploitation (e.g., Airbnb, hotel use), or student dormitories, utilizing the central staircase and the two elevators. There is also the possibility of expansion with an additional 95 sq.m. mezzanine and 25 sq.m. internal balconies, enhancing the commercial value of the property. Indicatively, 16 apartments for tourist exploitation or 12 apartments ideal for a Golden Visa investment and 4 for residential use can be created, suitable for buyers seeking high returns and resale potential. An architectural study exists for the first and second floors (including photorealistic renderings), concerning their configuration into 8 apartments with the possibility of adaptation according to the buyer's requirements and needs. The property offers significant advantages due to its location, close to the hills of Hippios Kolonos and Skouze, with direct access to the center of Athens. It is 800 m from "Attiki" station and 1,200 m from "Larisis" station. The property is airy and sunny, with views of the Acropolis and is located in a quiet area. The expected urban regeneration by 2026, which includes the undergrounding of "Larisis" station, will further upgrade the area and the property market. Furthermore, there is the possibility of expanding the existing construction onto an adjacent privately owned plot. KW Cosmos, contact phone: 2121073000, email: kwcosmos@kwgreece.gr