Description
Building for sale in Athens Psychiko. Positioned within the prestigious confines of Psychiko, this building stands as a testament to the allure of sophisticated urban living in Athens. Boasting a total building size of 375.46 square meters, spread across multiple levels, this property offers a canvas for architectural transformation and creative reimagination.
Constructed in 1976, this building awaits a total renovation to restore its grandeur and unlock its full potential. The layout is as follows: a spacious basement measuring 92 square meters, a compact yet charming ground floor spanning 46.06 square meters, a commodious first floor covering 93.20 square meters, a sprawling second floor extending over 95.20 square meters, and a cozy third floor with 49 square meters of space.
Nestled on a plot of 199.19 square meters, with a building factor of 1.2, this property presents ample scope for expansion or reconfiguration, allowing for the creation of a bespoke residential complex or a distinguished commercial establishment.
From its prime location in the affluent neighborhood of Psychiko to its vast interior spaces awaiting transformation, this building embodies the promise of unlimited potential and enduring elegance. Embrace the opportunity to embark on a journey of architectural revival and create a masterpiece that harmonizes modern luxury with the timeless charm of Psychiko.
Building for sale in Athens Psychiko. Location Information:
Psychiko is a town and a suburb in the Athens agglomeration, Greece. Since the 2011 local government reform, it is part of the municipality Filothei-Psychiko, of which it is the seat and a municipal unit. The municipality has an area of 2.776 km2
Psychiko is located 5 km northeast of Athens city center. It is a strictly residential suburb of Athens, with commercial businesses allowed only within two small designated zones, the "Nea Agora" (New Market) and the "Palaia Agora" (Old Market), with current regulations also restricting buildings to full detachment, and a maximum of 3 floors.
Psychiko was historically the home of aristocrats, members of the Greek royal family, and generally old-money people.
The area remains one of the wealthiest suburbs of Athens, with very high land value, and several embassies, particularly of rich Middle Eastern countries, to be found located in Psychiko, and neighboring Filothei.
This was once home to Queen Frederica of the Hellenes, until the military coup d'état of 1967. Andreas Papandreou and his wife Margaret also lived in Psychiko before the dictatorship.
In recent decades, however, many prominent families choose to build their houses in the southern, seaside suburbs, like Glyfada or Vouliagmeni.
Some private schools are located in Psychiko: Athens College and Psychiko College, Moraitis School, the Arsakeio, and the Varvakeio.
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.
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