Urban studio for sale in Metaxourgeio. ID A4-1709

Metaxourgeio, Athens, Greece

€92,000

Description

Urban studio for sale in Metaxourgeio. Situated in one of the most vibrant areas of Athens, this 31 sqm second floor urban studio is your chance of entering the hospitality sector using it as an investment, or simply enjoying a brand new urban space with all the comforts for yourself! The urban studio for sale in Metaxourgeio is part of a building which was constructed in 1980 and underwent a complete renovation in 2019. This corner building has 21 apartments in total, and is currently operating as a Hotel Unit. Four apartments are for sale, together with the Ground Floor Commercial Space with suggested use as a Spa Center and a Café-Bar, which will facilitate both guests as well as walk-ins. Upon entering the modernly designed second floor studio, we encounter a light-washed single space area comprising a bedroom, a sitting area, a dining space and a kitchen with fitted cupboards. A bathroom with shower completes the layout of the studio. A huge window going along the main wall, offers plenty of light, while brings the urban view directly inside. The modern studio has been designed according to the standards of the contemporary living, with inspirational interior design and modern furniture, in order to offer to the new owners or guests the maximum experience of urban living together with all comforts. Should you be interested in using this studio as a short term rental, following the use of the rest of the building, it will give you a yield of 7100 euros per year, for a rent of 10 years. Location: Metaxourgeio, is the area of Athens between Psiri, Omonia and the Larissa Train Station in what is called Central Athens. Historically the neighborhood of Metaxourgeio has been working class, due to the building of a large factory in the 19th century. Nowadays, the whole area has become an area of artists and young visionaries who have taken advantage of the low rents and abandoned buildings to open art galleries, restaurants, cafes, and gardens in some of the empty lots. Metaxourgeio is home to several galleries including the Municipal Gallery of Athens. The neighborhood also features a number of small theaters and music venues. It has a big variety of restaurants offering local traditional delicacies as well as international cuisine, organic flavors etc… All kind of establishments, cafes, bars, cinemas are here to offer a colorful and alternative range of entertainment. Metaxourgeio is a district of extremes. If you wander around its streets you will stumble upon beautiful restored neoclassical mansions and modern loft apartment complexes where a higher-income crowd lives. The longtime residents and newcomers collide, successfully creating an inviting neighborhood known for its many social initiatives, events, and activities. For all the above mentioned reasons, Metaxourgeio has become a top choice for travelers and visitors from all over the world. As an investment or as a personal residence, this urban studio ticks all the boxes when it comes to contemporary living in the center of Athens.  