Engel & Völkers
property image

A landmark Investment in Plaka

€7,500,000
  • 40 Bedrooms
  • 30 Bathrooms
  • 2,123 m² Total surface
  • 1,713 m² Living area

Description

In the most refined area of Plaka, this rare property awaits an investor to bring out its unique features: Large Size - Prime Location - Acropolis Views ________________________________________ Key Features •Unique Size: 1,713 sq.m. + 410 sq.m. basement. •Layout: Comprises 15 bright apartments and 7 retail shops, all fully vacant, across 5 floors. •Location: Situated on a sophisticated and cosmopolitan pedestrian street in the centre of Plaka. •Architectural Design: Features a distinctive arcade on the ground floor, perfect for conversion into luxury restaurants or boutique retail spaces. •Competitive Pricing: The property is priced exceptionally well, ensuring high returns on any type of investment • Multiple Usage Opportunities : -Short-term Rentals on the 15 apartments attracting visitors from around the globe. -Commercial Development: The arcade and 7 shops on the ground floor can house upscale businesses or restaurants with outdoor seating, creating a landmark in the area. -Luxury Residences: The rooftop, with its stunning Acropolis views, is perfect for high-end residences or an exclusive rooftop concept. A unique opportunity for investors seeking a timeless asset with growth potential. For anyone visualizing to establish a landmark property in Athens

Features
BasementTerraceElevatorGreen view
engel & völkers shop image

Engel & Völkers MMC Greece

Your advisor: Evie Dima

Property ID: W-02Y2YS

Property details

Object type

Investment

Bedrooms

40

Bathrooms

30

Number of Floors

5

Total surface

2,123 m²

Living area

1,713 m²

Flooring

Wooden floor

Energy efficiency information

Construction year

1950

Energy efficiency class

energy class icon

Energy certificate available

Yes

Type of heating

Radiator

Energy source

Central heating, Oil heating

Location: Plaka, Athens

Described as the ‘Neighborhood of the Gods’, Plaka and the Acropolis area are right at the core of Athens’ historic center. A vibrant shopping and tourist district, with beautiful neoclassical homes lining its streets, it is Athens’ most charming neighborhood. Unique features: This is essentially Athens’ ‘Museum Mile’ with all the key archaeological sites and cultural venues located within a 1 km radius. It is home to the Acropolis Museum, voted as one of the top 10 museums in the world, to the Herod Atticus that still hosts plays and concerts as it did thousands of years ago. Trendy designer boutiques, cool cafes and restaurants as well as boutique hotels share space with neoclassical houses on largely pedestrianized streets. While tourists find it charming, there is also a real neighborhood feel and sense of community for residents. Accessibility: Extremely well-connected by the metro, tram, bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses. Investment potential: This area is right in the historic center of Athens, an area that has always enjoyed a lot of interest from buyers. Guaranteed returns on investment.

Contact the provider

Get more information about this property

Country

I agree with the processing of my data for the purpose of searching for properties and being contacted by . If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

  • Mansion with Stunning Views

    Dionysos, Attica, Greece

    Mansion with Stunning Views

    €6,900,000

    • 5 Bedrooms7 Bathrooms1,150 m² Living area1,000 m² Plot surface
  • An Ideal Mansion

    Kifisia, Attica, Greece

    An Ideal Mansion

    €6,800,000

    • 6 Bedrooms6 Bathrooms1,185 m² Living area3,035 m² Plot surface
  • Laurel : The Building

    Dafni, Attica, Greece

    Laurel : The Building

    Price on request

    • 57 Bedrooms60 Bathrooms2,890 m² Living area
  • Family heaven

    Ekali, Attica, Greece

    Family heaven

    €6,150,000

    • 6 Bedrooms9 Bathrooms612 m² Living area4,143 m² Plot surface
Houses for sale in Athens

Your shop

Engel & Völkers MMC Greece

engel & völkers shop image

Provider:

EV MMC Greece S.A.

Website

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.

wavy pattern