Building for sale in Psirri Athens. ID AB-1435

Psirri, Athens, Greece

€4,700,000

Description

Building for sale in Psirri Athens. Nestled in the lively and historic district of Psirri, this substantial 2,700 sq.m. building presents an exceptional investment opportunity in the heart of Athens. Built in 1952 and in good condition, the seven-story structure offers an ideal layout for a variety of uses, featuring both a street-facing facade and a through-building design that maximizes natural light on all levels. The building's expansive footprint begins with two basement levels, measuring 99 sq.m. and 110 sq.m., respectively, leading up to a generous 329 sq.m. ground floor. Above, three consecutive floors each provide 321 sq.m. of versatile space, while the fourth floor spans 294 sq.m., the fifth floor offers 246 sq.m., and the sixth floor covers 202 sq.m. Equipped with structured cabling and an autonomous heating system powered by a central installation, the building meets the needs of modern use while retaining its classic Athenian character. Positioned at a pivotal location in central Athens, this property is perfectly suited for transformation into serviced apartments, capitalizing on the growing demand for short-term and long-term rentals. Alternatively, its prime position makes it an ideal candidate for conversion into a boutique hotel, catering to the steady influx of visitors drawn to Psirri’s vibrant cultural scene and proximity to Athens’ most iconic landmarks. With its versatile layout, excellent condition, and strategic location, this building offers immense potential for high returns, whether through residential redevelopment or as a hospitality venture. Seize the chance to invest in one of Athens' most dynamic neighborhoods, where history meets modernity, and opportunities abound. Building for sale in Psirri Athens. Location Information: Athens: The city with the most glorious history in the world, a city worshipped by gods and people, a magical city. The enchanting capital of Greece has always been the birthplace of civilization. It is the city where democracy was born and most of the wise men of ancient times. The most important civilization of ancient world flourished in Athens and relives through some of the world’s most formidable edifices. Athens is a city of different aspects. A walk around the famous historic triangle (Plaka, Thission, Psirri) the old neighborhoods, reveal the coexistence of different eras. Old mansions, well-preserved ones and other worn down by time. Luxurious department stores and small intimate shops, fancy restaurants and traditional taverns. All have their place in this city. The heart of Athens beats in Syntagma Square. Where Parliament and most of the Ministries are. Monastiraki, Kolonaki and Lycabettus Hill attract thousands of visitors all year round. A few kilometers from the historic center in Faliro, Glyfada, Voula and Vouliagmeni, you can enjoy the sea breeze. Or you can head up north and enjoy the fresh air at the more classy neighborhoods of Marousi, Melissia, Vrilissia and of course Kifissia. The capital is famous, more than any other European capital, for its nightlife. Athens by night totally changes. The options for entertainment satisfy all tastes. The famous “bouzoukia” are the leaders in the Athenian entertainment. While the numerous theaters all around Athens offer a different type of entertainment. Athens is a divine city. Let it enchant you. 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.