Building for sale in Athens. ID AB-1570

Pangrati, Athens, Greece

€570,000

Description

Building for sale in Athens. Nestled in one of the most vibrant yet serene corners of central Athens, this detached two-storey residence offers a rare opportunity in the heart of Pangrati — a district where urban energy meets timeless charm. With a total built area of 285 sqm on a 155 sqm plot, the property comprises 4 bedrooms, 2 bathrooms, 2 living rooms, and 2 kitchens, separated into two independent apartments — one on the ground floor and one on the first floor — each 103.66 sqm. The configuration makes it ideal for a family residence, dual occupancy, or redevelopment. Inside, the property retains authentic elements from its original 1958 construction, featuring mosaic and wooden flooring, wooden frames, and a timeless layout. Though in good structural condition, the home requires renovation to meet the lifestyle and aesthetic standards of 2025. However, this gives the next owner full creative freedom to reimagine the space — while enjoying the solid foundations already in place. Each level is accessed through a shared entrance that opens into a beautiful inner courtyard, inviting light and privacy. The rooftop terrace adds further potential, hosting a small rooftop room (doma) and offering unobstructed city views — a perfect canvas for a private roof garden or modern outdoor lounge. The plot is zoned residential, with a building factor of 3, allowing for the construction of up to 465 sqm, making this a strategic opportunity for developers seeking to capitalize on the area’s upward trajectory. Whether for redevelopment or elegant restoration, the potential is undeniable. Pangrati is more than a neighborhood — it’s a lifestyle. Artists, professionals, and families are drawn to its walkable charm, local cafés, boutique shops, and cultural hangouts. Within a short stroll you’ll find the Panathenaic Stadium (10 mins), Plaka (20 mins), and Syntagma Square (25 mins). The area is well-serviced by schools, public transport, and a thriving local market, all in a quiet and safe community. Despite its central location, the property is positioned within a quiet residential enclave, offering peace, privacy, and a sense of authentic Athenian life — something increasingly rare in today's real estate market. Whether you're a private buyer envisioning your dream family home in the center of Athens, or a developer seeking a premium investment location with generous zoning, this is a property that truly delivers on all fronts. Building for sale in Athens. Location Information: Unpretentious Pangrati centers on the white marble Panathenaic Stadium, the site of the first modern Olympic Games. The National Museum of Contemporary Art displays international works in a converted brewery. Cypress trees and marble sculptures flank the paths of the quiet 1st Athens Cemetery. Greek delis, ceramics shops, and indie galleries share streets with pizzerias, casual tavernas, and gourmet restaurants. Pangrati has attracted artists from all over Greece, who arrive in the city of Athens to educate themselves and to seek inspiration from its vast pool of artistic resources and galleries. Poets, novelists, writers, painters, composers, and musicians made Pangrati one of the most important artistic hubs of Athens. You may visit https://greek-golden-visa.com/ for details on the application process and benefits of obtaining the Greek Golden Visa.