Description
Residential Building for sale in Athens. In the heart of Kallithea, one of Athens’ most vibrant and well-connected neighborhoods, this residential building presents a rare investment opportunity with remarkable potential.
With a total built surface of 610 square meters, the property unfolds over multiple levels and comprises seven individual apartments, making it ideal for both long-term rental income and future renovation or redevelopment.
Constructed in 1970 and maintained in good condition, the building features classic architectural lines and solid construction quality, reflecting the enduring character of Athenian urban living.
The layout includes two basement apartments, a 93 sqm elevated ground-floor apartment, three well-sized floor-through apartments of 107 sqm each, a charming recessed top-floor residence of 83 sqm, and a rooftop unit (doma) of 25 sqm.
Altogether, the structure offers a blend of functionality, flexibility, and income-generating capacity, with the distinct advantage of multiple units already in place—perfect for investors seeking immediate returns or developers with a vision for urban renewal.
The building is equipped with aluminum window frames and an oil-based heating system. Its configuration allows for individual apartment rentals or a full-scale transformation into modern urban residences, co-living units, or even boutique short-term accommodations—a strategy well-suited for the area’s high rental demand and strategic central location.
Positioned in a lively district of Athens known for its easy access to the city center, the coast, universities, and public transport links, this property represents a smart acquisition for seasoned investors or developers seeking to add value in an established urban market.
With the right vision, this residential building in Kallithea could be reimagined into a contemporary, high-yield real estate asset, offering both lifestyle appeal and strong long-term returns.
Don’t miss the opportunity to secure a multi-unit building in one of Athens’ most accessible and promising locations.
Residential Building for sale in Athens. Location Information:
One of the largest municipalities in Greece, Kallithea is in the south of Athens bordering the Saronic Gulf and Athens’ historic center.
In 2016 Kallithea got a shot in the arm when the Stavros Niarchos Foundation Cultural Centre was unveiled close to the Faliro Bay in the south of the suburb.
This ultramodern facility was designed by Renzo Piano and is made up of a landscaped park around stirring new venues for the Greek National Opera and National Library.
By the water, Kallithea’s waterfront was revitalized at the advent of the 2004 Olympics and has a waterfront plaza, while down in Faliron are cafes and restaurants next to the dazzling superyachts at the Flisvos Marina.
All the while, the timeless Acropolis and the other monuments of ancient Athens are moments on the 550 bus, by tram, or by taxi.
You may visit https://greek-golden-visa.com/ for details on the application process and benefits of obtaining the Greek Golden Visa.
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