3-room flat to be refurbished, second floor, Platia Attikis, Attiki

€ 115,000
3
74 m²
1
2
Yes
Balcony

Note

Listing updated on 10/05/2025
Description

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reference: 7-264


Property Code: 7-264. Some homes are bought ready-made, while others are seized as opportunities: the right square footage, a prime central location, light-filled corners, through-ventilation, and above all, the flexibility to tailor them to your vision. This 2nd-floor flat (1965) on a far-from-ordinary street, lined with buildings of elegant Athenian style, falls into the latter camp—a canvas of urban eclecticism awaiting your renovation to reclaim the spotlight

Invest in a map of Athens’ urban memory: neoclassical facades, modernist blocks, gold-leafed entrances, and false acacias filtering the light. This corner, front-facing flat opens to a spacious front room gazing at greenery, echoing the middle-class charm of old Athens. You’re not buying another cookie-cutter renovation—you’re acquiring raw material with character, ripe for enhancement. Layout Flexibility (Renovation Study)Open-Plan Core: Remove the kitchen wall for a seamless living space with an island or dining area. Two-Bedroom Option: Transform the current living room into a 2nd bedroom (or office/guest room) with a front balcony facing the main street with views of false acacias (Robinia pseudoacacia). Storage: Maximise the loft and add custom wardrobes for clean lines. Light & Materials: Open palettes, preserved wood/mosaic where possible, and new high-efficiency windows.
In short, a renovation that honours the building’s DNA while delivering modern functionality without excess.Investor Snapshot (Realistic Figures)Purchase Price: €115,000 → just €1,500/sqm. Market Benchmark: Average asking price per sqm in the Agios Panteleimon/Victoria area is ~€1,570/sqm (Aug 2025, listings), indicating a smart buy for a renovation project. Demand Trend: Central Athens prices have risen 5–8% annually (2024–2025 per sources), with a maturing pace—no bubble, just stabilisation. Rental Potential: Indicative asking rent ~€8.95/sqm/month ⇒ ~€658/month for 74 sqm ⇒ ~6.9% gross yield pre-costs. With quality renovation/furnishing, higher returns are achievable. Investment Verdict: The Agios Panteleimon–Victoria zone remains undervalued versus other central hotspots but shows steady demand growth. For buyers leveraging location and square footage, adding value through renovation makes the numbers work.Why an "Opportunity?"Target Price: €115,000 for a 74 sqm corner/through-flat on a METRO line (Larisis and Viktoria) and central market street. Value Add: Smart renovation (electrics, plumbing, windows, kitchen/bathroom, flooring, lighting) boosts rental and resale value. Usage Flexibility: Owner-occupancy, medical office/professional space, long-term rental, or mid-term corporate lets. Availability: Immediately ready | Clear title | Transfer-ready.Α location that works for youThis area carries contrasts: rough edges, social diversity, and old-world vibes. Yet it boasts a robust transport backbone, tree-lined streets, architectural gems, and a slow but tangible rise in demand/prices. The 10–20-year outlook isn’t guaranteed—none are. However, 2024–2025 data suggests a maturing centre with steadily climbing, measured values. If you believe in value through improvement, this is your playground
Ideal for buyers aiming to unlock value with smart renovation—and investors seeking a solid yield in the centre. Available NOW—book a viewing and pre-renovation consultation. 
Features
Type
Apartment
Contract
Sale
Floor
2 floor
Building floors
5
Lift
Yes
Surface
74 m²
Rooms
3
Bedrooms
2
Bathrooms
1
Furnished
No
Balcony
Yes
Heating
Central, powered by gas oil
Other features
  • External exposure
  • Window frames in double glass / wood
Price information
Price
€ 115,000
Price per m²
1,554 €/m²
New
Energy efficiency

Energy consumption

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+23
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