Quadrilocale ottimo stato, sesto piano, Politechneio, Exarchia - Neapoli

Property Code: 7-406In a neighbourhood where Athens’ history is being rewritten into contemporary value, this penthouse is not merely an apartment — it is participation in an urban transformation already under way.
On the 6th and top floor of a well-maintained 1958 building with two lifts and a cared-for entrance, this 143 sqm residence was radically redesigned in 2021.

The result is not renovation — it is infrastructure reconstruction: new electrics and plumbing, insulation and waterproofing, new false ceilings with architectural lighting, autonomous natural gas with private boiler, energy-efficient frames, and full technological support for daily living.
The Space:
The layout unfolds with unified living room with fireplace and kitchen, where contemporary sensibility meets elements of the original era — black-and-white aluminium doors, materials balancing mid-century imprint with modern restraint.

Three bedrooms offer use flexibility — family home, creative workspace or guest accommodation; two full bathrooms with showers (one with double basins), two walk-in wardrobes and additional storage create family-level functionality without sacrificing urban elegance.

South-facing orientation floods the home with light, while two balconies — a generous front one and a private master one — allow light to become a daily architectural material.

Technical Elements as Silent Quality Guarantee:Autonomous natural gas heating (heating & hot water), DSC alarm,4 A/C units,Energy-efficient frames, electric shutters, screens, Two high-category security doors, Built-in Bosch / Siemens appliances in kitchen (hobs, oven, dishwasher).Commons remain low — 45–55 € — confirming sustainable daily living.
Strategic Positioning — The Value of Location:
The area around the National Archaeological Museum is becoming one of the city’s most significant cultural cores: International architectural museum redevelopment, New hospitality projects from global brands, Large-scale urban upgrade, High-quality cultural tourism,The market already records strong price rises and appreciation forecasts, with international studies showing properties near major cultural anchors can increase 20–50% in five years — the well-known “Bilbao effect”.In this context, the property is not bought merely as a residence — it is bought as a position in future value.At approximately €3,000/sqm, the asset sits strategically within the central Athens market range — not as speculative premium, but as balanced entry into an emerging micro-market.
This penthouse offers position within the urban narrative of a city and addresses a buyer who understands that urban value is not created only by square metres or materials — but by the intersection of culture, location and investment timing.A bright, renewed and mature space, positioned exactly where Athens is redefining its future — combining light, volume, cultural proximity and technical upgrade — a home that can be lived today and appreciated even more tomorrow.It is not a property that simply asks to be bought.
It asks to be recognised.
Investor Appendix | Yield Scenarios & Strategic Positioning.1. Scenario A — Long-Term Residential Lease:
Renovated 120–150 m² apartments in central Athens (2024-2025): €8–€11/sqm/month typical range.
Premium renovated penthouse stock: €10–€12/sqm.
Estimated rent: conservative €1,350–€1,600/month.
Annual income: €16,200–€19,200.
Gross yield: 3.7%–4.4% (stable, low-management strategy ideal for capital preservation + appreciation exposure).

2. Scenario B — Furnished Executive / Corporate Lease:
Significant demand from expats, cultural/institutional staff, embassy/NGO personnel, remote executives.
Estimated rent: €1,700–€2,100/month.
Annual income: €20,400–€25,200.
Gross yield: 4.7%–5.8% (strong risk/reward balance — minimal operational involvement — increasing segment demand in centre).

3. Scenario C — Hybrid / Mid-Term Rental Model (1–6 month stays):
Growing segment in Athens due to digital nomads, relocation tenants, project professionals.
Monthly equivalent: €2,100–€2,500.
Adjusted occupancy assumption: 80%.
Effective annual revenue: €20,000–€24,000.
Yield: 4.6%–5.5% (higher upside — flexible repositioning — market-responsive strategy).

4. Scenario D — Capital Appreciation Thesis
The area enters a transformation cycle due to: National Archaeological Museum expansion New hospitality projects Cultural and urban upgrade Increased international visitationInternational data show property value uplift near major cultural anchors of 20–50% in five years in comparable cases, with rising short/mid-term leasing demand.

Thus, we speak of strategic hold potential and appreciation-driven investment thesis.Why This Asset WorksScarcity Factor
Penthouse, large area, full renovation, light and south orientation.
These are characteristics with low inventory availability.Liquidity Advantage
Large renovated apartments: attract end-users, attract investors, maintain resale appeal with upside potential.Contact PANTOU REALTORS for viewing and guidance through the transfer process.