Building for sale in Kypseli. ID AB-1481

Kypseli, Athens, Greece

€1,650,000

Description

Building for sale in Kypseli. Nestled in the vibrant heart of Kypseli, this exceptional five-story corner building spans 906 square meters and represents a rare investment opportunity in this bustling neighborhood. Currently housing 13 apartments, the property offers the potential for further expansion by subdividing units, making it ideal for savvy investors eager to enhance their portfolio. Conveniently located just minutes from Kypseli Square and the new metro station currently under construction, this building ensures easy access to all local amenities and public transportation. On the ground floor, you’ll find a 67 square meter store, which can easily be converted into enclosed parking. The elevated ground floor features a studio measuring 29 square meters, while a semi-underground warehouse of 77 square meters provides additional utility. Each of the 1st, 2nd, and 3rd floors is home to a mix of spacious double facade apartments: one 54 square meter unit, a 59 square meter apartment with a balcony and a view of the square, and a 72 square meter double facade apartment. The 4th floor houses a generous 115 square meter apartment that can be transformed into two separate units of 54 and 59 square meters, enhancing its rental appeal. Finally, the 5th floor features a charming 73 square meter penthouse, boasting a large terrace and pergola, perfect for enjoying the city views. After a renovation featuring modern design and high-quality finishes throughout, this property will undoubtedly attract tenants looking for a stylish and comfortable living space in the dynamic neighborhood of Kypseli. With its prime location and potential for growth, this building presents a lucrative investment opportunity for buyers ready to capitalize on the flourishing real estate market in Athens. Building for sale in Kypseli. Location Information: Kypseli is a neighborhood in central Athens, Greece. It occupies much of the 6th municipal department of the City of Athens. When you walk through the streets of Kypseli the first thing you’ll notice is the remarkable mix of architectural styles, from crumbling neoclassical mansions to striking Bauhaus designs with rounded balconies and graphic front doors. And pretty soon you’ll notice that the neighborhood’s residents match this eclecticism, too. More recently, the city’s artist community has also begun making it their home, attracted by its close proximity to the center. The city’s first-ever artist residency, Snehta, was founded here, and the rotating mixture of international artists put on regular exhibitions in its space at I Drossopoulou 47. The surrounding streets are a mixture of old-world Greek life and modern multiculturalism. Old men sit playing dominoes outside traditional ouzeries, and restaurants, kebab houses, and bars can all be found nearby. 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.