Studio à vendre, Metaxourgeio, Gazi - Metaxourgio - Votanikos

Property Code: 7-338. Some properties already function as a product — with unmatched aesthetics, a one-of-a-kind experience, and measurable financials.

This 48 sqm 5th-floor penthouse (1970 building, lift, fully renovated 2024) belongs unequivocally here: a through, front-facing, open loft-style residence with a private ≈15 sqm veranda, 5 minutes’ walk to the METRO, designed to photograph beautifully — and perform in spreadsheets.
The experience begins with architectural purity: white micro-cement coating across all internal walls, suspended bespoke furniture, high-end appliances, and a built-in floating bed that gives the space that rare “gallery-calm” sought by Athens’ international audience.

Fast Wi-Fi, A/C, fully equipped kitchen (oven, hob, coffee maker, Severin retro mini-bar), and complete hospitality kit (linens, bathrobes, etc.) mean it’s ready for immediate operation — whatever the buyer-investor’s strategy.
And then comes the signature feature that elevates the asset class: an indoor ACRILAN King Spa jacuzzi— a true spa-grade amenity rare in city flats.
The 240×190 model is built for a “wellness resort” experience (6-person capacity), with optional HYDRO or HYDRO+ air massage PLUS systems, water recycling via skimmer, heater, filtration, ozone, chromotherapy, and LED lighting – ≈1,200 L capacity, 213 kg weight.
Investment Logic – Self-Evident
Sale price: €171,000Short-Term Rental Cashflow (Proven)
Annual revenue €28,000+ → gross yield ~16 %+ before costs/management — a return rarely found in a ready, premium central unit.
Active short-term licence (AMA) enhances continuity value.
City-wide benchmarks: average nightly rate ≈ $120, occupancy ~44.9 % (median), while top properties with standout amenities perform significantly higher.
Regulatory environment rated “High” — compliance must be professional, and here the product is already established.Long/Mid-Term Alternative (Risk-Adjusted)
Metaxourgio average rental asking: ≈ €9.98/sqm (Nov 2025) → ≈ €480/month baseline for 48 sqm.
Renovated “statement” units in the wider zone command premium (e.g., 50 sqm listings at €730/month).Post-Renovation Market Positioning
Metaxourgio average sale asking: ≈ €2,275/sqm (Nov 2025).
This property doesn’t compete on averages. It competes in premium micro-hospitality with spa amenity — valued by the market on experience and income, not just sqm.Location
Steps from the National Theatre, Omonia, Monastiraki, National Archaeological Museum — and at the heart of a neighbourhood evolving with contrasts yet intense cultural and gastronomic momentum.If you’re seeking a property that doesn’t merely promise returns but documents them, this is the brief.PANTOU REALTORS — Private viewings & full ROI pack available on request.