Building for sale in Exarchia. ID AB-1531

Exarchia, Athens, Greece

€1,800,000

Description

Building for sale in Exarchia. Located in the heart of Athens, near the vibrant Exarchia district, this remarkable five-story commercial building offers a rare blend of investment potential and urban charm. Spanning 893 sqm on a plot of 173.55 sqm, this property, originally constructed in 1976, is in excellent condition and holds an approved building permit for the transformation into 13 modern apartments, making it a lucrative opportunity for developers and investors alike. The building’s layout is thoughtfully designed, with the ground floor approved for an F&B outlet, adding to its commercial appeal. The next three floors are planned to host three apartments each, the fourth floor will accommodate two apartments. The fifth and top floors will feature one exclusive apartment each, offering access to a rooftop with stunning city views. Its central location ensures proximity to major metro stations and easy access to Athens' iconic attractions. Surrounded by the lively atmosphere of Exarchia, the area is known for its theaters, boutique shops, trendy cafes, and a creative arts scene. Prestigious institutions like the Technical University of Athens and the National Archaeological Museum further enhance the neighborhood’s appeal. With a distance of just 32.8 km from Athens International Airport, this property is ideally situated for both local and international accessibility. Its prime location, coupled with its potential for residential and commercial development, makes it a standout investment opportunity. Combining the best of urban convenience with the charm of a historic and cultural hub, this property is a gateway to everything Athens has to offer. Building for sale in Exarchia. Location Information: Exarchia is one of the most authentic and liveliest areas in the center of Athens located between Omonia and Panepistimiou Ave. The small neighborhood consists of cozy cafes and traditional Greek taverns serving delicious meals. Small restaurants, known as mezedopolia with live Greek music are hidden in the narrow streets of Exarchia but they are the best places to enjoy the folklore music of Athens. Underground bars and nightclubs for all music tastes can be discovered here. During the 1960s-1970s, Exarchia used to be the cultural center of the town, where most of the Greek artists, poets, and writers lived. Today, it is known as a fashionable, easy-going place attracting mostly young people. 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.