Building for sale in Kolonaki. ID AB-1132

Kolonaki, Athens, Greece

€3,300,000

Description

Building for sale in Kolonaki. This magnificent building of 650sqm with 5 apartments is a true masterpiece of modern architecture, located in the heart of Athens in the exclusive neighborhood of Kolonaki, a one-of-a-kind investment opportunity with wide margins for profit. Fully renovated and exquisitely furnished to the highest standards, this impressive property boasts a total size of 650 sq.m. with five well-appointed apartments, each occupying an entire floor. The building includes a large basement level with plenty of storage space of 120sqm in total and an 85sqm ground floor that is currently rented out to a cafeteria for 1.600 euros per month, until 2025. There are five levels above ground, the 94sqm first floor, the 80sqm fifth floor, and the second, the third, and the fourth floor of 87sqm each. Each floor presents a magnificent apartment, furnished and equipped with everything needed on a daily basis, making them ideal to be rented out for both long term on an annual basis, or as Airbnbs. Although it was constructed in 1983, all units are in excellent condition as they were fully renovated in 2018, boasting a stylish interior design with modern features. The apartment on the fifth floor has a huge veranda attached, the perfect spot for its residents to enjoy gatherings and prepare tasty meals in the BBQ facilities. The entire property is equipped with air conditioning systems and security doors, ensuring the safety and comfort of its occupants. There is also an elevator serving the residents up to the fourth floor, while the fifth floor is accessed via internal stairs. Kolonaki is the most desirable neighborhood in Athens, known for its vibrant nightlife, upscale boutiques, and exclusive restaurants. Renowned for its glittering urban landscape and breathtaking views of the Acropolis, Lycabettus Hill is a popular destination for tourists and locals alike. With its unique combination of old-world charm and modern sophistication, Kolonaki is a highly sought-after area for investors and real estate buyers looking for the ultimate in luxury and refinement. This stunningly renovated building in Kolonaki is a truly exceptional property that offers the finest in modern living in one of the most exclusive neighborhoods in Athens. If you are looking to invest in the lucrative Athens real estate market, this property is an opportunity not to be missed. Building for sale in Kolonaki Location Information: Kolonaki is the area that the elite of Athens used to live before many of them moved out to the suburbs. It is an area full of high-end shops and ritzy cafes at the base of Mount Lykavettos. The neighborhood is full of cafes and expensive shops, fancy restaurants and fancy people and shopping in this area is like shopping in the finest areas of New York or Paris. The central neighborhood of Kolonaki is one of the oldest districts in Athens and a must visit if you love to shop or want to spend a relaxing day people watching, whilst sipping a Greek coffee. Kolonaki has seen a new wave of designer shops, café’s and restaurants emerge, which are upheld beyond the tourist season by its affluent residents. From art galleries, luxury brands, hip boutiques and shoe emporiums, what I love about Kolonaki’s recent renaissance is the variety of international labels with equally impressive independent Greek designers appearing more and more around the district, bringing a bit more edge and color to the area. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.