Piso de dos habitaciones muy buen estado, tercera planta, Ano Kipseli - Evelpidon, Kipseli

Property Code: 7-493.
It is not often that you come across a building in Athens that didn’t have to choose between past and present, but instead chose to embrace both.Here in Kypseli, in a location that strikes the perfect balance between the vibrant energy of Fokionos Negri and the fresh pulse gathering around Agios Georgios Square, a 1952 building has been completely rebuilt from the ground up. And yet, it has not lost its character. It has retained its imposing entrance with the hanging chandelier, the columns, the marble staircase, the mosaic floors in the common areas, and the theatrical grandeur of the old Athenian polykatoikia. Upon this memory, a new, technically robust and aesthetically fully contemporary version has been created.
Kypseli, after all, is exactly that: a neighbourhood where old urban elegance meets today’s artistic, multicultural and creative identity. The result is something rare — not just another “renovated” property, but a brand-new home within a historic shell.
This particular penthouse apartment is located on the third floor and spans 56 sq.m. with a closed parking (priceless). The moment you step inside, you immediately sense that this is not a typical apartment product of the market. It feels cleaner, more architectural, more considered. The 3-metre-high ceilings preserve the old aristocratic proportions, while the plasterboard walls with hidden lighting and concealed wiring bring the discipline and calm of a truly contemporary project.
The main living area and kitchen unfold in an open-plan layout, with floors in pressed cement screed that give the home an urban, almost gallery-like purity. The kitchen is open-plan but far from generic or contractor-grade. It has been designed with clear functional thinking: premium bakelite worktops, provision for a 45cm dishwasher, 70cm refrigerator, tall oven — choices that reference much newer and more expensive constructions — space for a washing machine and tumble dryer, provision for a microwave, Pyramis extractor fan, and Ecoflex tap.
In the bedroom, the atmosphere changes subtly. Laminate flooring softens the space, while the built-in wardrobes with push-to-open mechanisms enhance the minimalist purity of the design. There are no unnecessary elements here — only order, flow and intention.
The bathroom follows the same logic: a shower with plexiglass cabin, wall-hung WC, concealed cistern, Wilco sanitary ware and Ravelli taps. It is a space that does not shout luxury, but delivers it through the careful selection of materials and the precision of its boutique composition.
Technically, this property has been treated with a seriousness rarely seen in similar projects in central Athens. The building reconstruction included extensive structural reinforcements with metal columns and ceiling cages. A new lift has been added, which did not exist in the original building. The thermal protection of the shell was enhanced externally with 3cm of thermal insulation, while the new energy-efficient EUROPA window systems with screens and triplex glazing improve thermal insulation, soundproofing and the overall sense of technical completeness.
In daily use, this translates into a quieter, more thermally stable and higher-quality living experience. Heating and cooling are provided by an individual Inventor heat pump and Bravair Clima fan coils, allowing independent temperature control in each room. This is a far more advanced and flexible comfort system than conventional setups.
Additional features include wiring for an alarm system, Elvox video door entry, Vimar wall switches, brand-new electrical and plumbing installations from scratch, as well as technical provisions with collectors for the plumbing and heat pump system.In simple terms: this home is not just beautiful. It is meticulously engineered.
The enormous balcony, approximately 75 sq.m. in total, with a corner façade that ensures ample natural light and ventilation. It may not lend itself to dramatic outdoor setups, but it offers exactly what an urban apartment of this type truly needs: openness, breathing space, connection to the street and light. Externally, the terracotta tiles on the balconies converse with the façade in an almost Mediterranean way — a small detail that feels more like a reinterpreted urban hacienda than a conventional Athenian apartment building.

And then there is the neighbourhood itself. Kypseli no longer needs excuses — it only needs to be properly understood. Fokionos Negri is just 4 minutes’ walk away and remains one of Athens’ most iconic urban routes, while Agios Georgios Square is 8 minutes’ walk away and has evolved into a new focal point for the area, with vibrant restaurant and social life. The neighbourhood has gained international recognition for its unique blend of architecture, multiculturalism and creative energy. The extension of METRO Line 4 is progressing, with the official completion horizon set for the end of 2029. This means something very practical for the buyer: the area is not only bought for what it is today, but also for what it is becoming.
This apartment does not speak to those simply looking for “56 square metres with two bedrooms”. It speaks to those who understand the difference between a standard renovation and a true architectural restart. To those who want new mechanical systems, new construction quality and new energy performance — but refuse to live in a colourless, anonymous volume without memory. To those who see that Kypseli, precisely because it encapsulates the whole of Athens, can still offer what much of the city is losing: CHARACTER.

PANTOU REALTORS. Always by your side for the home of your dreams.