Residential Building for sale in Athens. ID AB-1559

Gyzi, Athens, Greece

€350,000

Description

Residential Building for sale in Athens. A rare investment opportunity in the heart of Gizi, Athens, this residential building offers 250 sq.m. of total interior space and stands as a prime candidate for transformation in one of the city’s most centrally located and promising neighborhoods. Originally constructed in 1963, the building is arranged over three levels: a 77 sq.m. ground floor currently used as a commercial space, and two upper floors of 85 sq.m. each. Whether reimagined as a boutique apartment complex or converted into a refined private residence, the property presents endless potential for creative redevelopment. With a building coefficient of 3.6 and a plot size of 120 sq.m., the asset holds significant development rights—an attractive proposition for investors looking to maximize value in a growing urban market. A standout feature is the private garden, a rare amenity in this part of central Athens, offering a tranquil outdoor retreat and additional design possibilities. Located within a residential zone, the building is equipped with an oil-powered boiler for heating and is classified as Energy Class G, presenting a clear opportunity for full-scale modernization and energy efficiency upgrades. Ideally situated just a 10-minute walk from the soon-to-open Metro station near the Athens courts, the property benefits from excellent access to public transport while retaining a sense of privacy and local charm. The neighborhood's strategic location, ongoing development, and proximity to key infrastructure make this property an exceptional choice for both developers and discerning buyers. This is a unique opportunity to craft a bespoke urban residence or a high-yield rental investment in one of Athens’ most dynamic and evolving districts. Residential Building for sale in Athens. Location information: Athens shines as the world’s most glorious city, revered by gods and travelers alike. This enchanting capital birthed civilization, blending ancient wonders with modern energy. Here, democracy first flourished, shaping societies across the globe. Legendary philosophers once walked these streets, sharing wisdom that still inspires. Monuments from its golden age stand tall, telling stories of brilliance. Strolling through Athens, you’ll feel the magic of timeless contrasts. Charming Plaka, Thission, and Psyri weave history with vibrant city life. Neoclassical mansions, some polished and others weathered, stand beside sleek apartments. Upscale boutiques mingle with quirky local shops, inviting endless exploration. Gourmet restaurants dazzle with fine dining, while cozy tavernas honor age-old recipes. Syntagma Square buzzes with life, home to Parliament and government buildings. A short walk leads to Monastiraki’s lively markets, bursting with color. Kolonaki lures with chic galleries and stylish cafes. For breathtaking views, Lycabettus Hill offers a panoramic feast. Beyond the center, coastal gems like Glyfada and Vouliagmeni beckon. Crystal waters and golden sands create the perfect escape. To the north, leafy suburbs like Kifisia exude elegance. When night falls, Athens pulses with electrifying energy. Live music spills from bouzoukia clubs, where dancing lasts till dawn. Theaters host riveting performances, adding depth to the city’s soul. With endless charm, Athens remains a divine masterpiece. It stands proud, a beacon of culture, beauty, and life. You may visit https://greek-golden-visa.com/ for details on the application process and benefits of obtaining the Greek Golden Visa.