Building for sale in Athens

About this building

Residential Building, for sale - 256 sq.m
Kallithea | 490.000 €

Description

PRIME INVESTMENT OPPORTUNITY IN THE HEART OF KALLITHEA

For sale: a rare corner two-level residential building (duplex house) with a total surface of 256 sq.m., developed on two independent levels (Elevated Ground Floor & 1st Floor), situated on a 191 sq.m. plot, in one of the most strategic and rapidly developing locations of Kallithea.

This property represents a unique combination of residence, income-producing investment, and development land, offering multiple exploitation scenarios with both immediate yield and long-term capital appreciation.

PROPERTY FEATURES

Total built area: 256 sq.m.

Plot size: 191 sq.m.

4 Bedrooms

2 Bathrooms + 1 WC

2 Kitchens

2 Living rooms

Private parking space

Basement storage room: 17 sq.m. plus extensive internal storage areas

Internal courtyard & verandas

No communal/shared expenses

Originally constructed in 1924 and fully renovated in 1992, with complete replacement of electrical and plumbing installations.

INDEPENDENCE & FLEXIBILITY

The property offers full functional autonomy:

Separate electricity meters for ground floor and first floor

Independent boilers & oil tanks

Ability to operate as two fully autonomous residential units

Ideal for:

Dual income strategy

Owner occupation + rental income

Conversion into multiple units

QUALITY & COMFORT

Bright, airy and sun-filled

Open, unobstructed views

Wooden window frames with single glazing

Flooring: Wood, Tiles, Mosaic

4 A/C units, Boiler

Security alarm system

Quiet residential neighborhood

LOCATION – A KEY INVESTMENT ADVANTAGE

📍 3 minutes walking distance from Kallithea Electric Railway Station
📍 2 minutes walk from bus stop
📍 15 minutes to Acropolis by car
📍 2.1 km from University

Within walking distance:

Public transportation

Parks & squares

Schools & daycare centers

Open market & supermarkets

Shopping centers

Restaurants, cafés & entertainment venues

Seafront

City center & commercial district

INVESTMENT POTENTIAL

✔ Short-term rental (Airbnb)
✔ Student housing
✔ Professional / office use
✔ Redevelopment into apartment units
✔ Purchase as Development Land

📐 Building Coefficient: 2.1
The property is also offered as a plot, providing excellent redevelopment potential in a high-demand urban zone.

CONCLUSION

A rare and versatile asset combining:

Prime location

Full autonomy & flexibility

Immediate income potential

Strong long-term appreciation

An ideal choice for serious investors and developers seeking security, yield, and strategic growth in one of Athens’ most dynamic districts.

The property documents are ready for immediate sale.!!!
Basic Characteristics

Additional Characteristics

Storage size (sq.m.): 17
Living Rooms: 2
Balconies: 3
Terrace room (sq.m.): 14
Garden: Y

Features

• Parking

Location