Engel & Völkers

Prime investment opportunity in Kifissia - Αpartment building with 7 units

€1,200,000
  • 850 m² Total surface
  • 760 m² Living area
  • 630 m² Plot surface

Description

Nestled on a 630 m2 plot in a coveted location in Kifissia, this impressive stone apartment building spans 760 m2 and offers a lucrative opportunity for investors and developers alike. Situated just moments away from the city center and the Train Station, this property boasts three levels of potential, comprising 7 independent horizontal properties, along with 6 warehouses and a convenient garage while the Energy Performance Certificate is currently being issued. While the property currently requires a complete renovation, its expansive layout and desirable location make it an ideal canvas for ambitious investors and constructors looking to capitalize on the burgeoning real estate market in Kifissia. Don't miss the chance to transform this diamond in the rough into a profitable venture that promises both value and potential growth.

Features
BalconyBasementGardenTerrace
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Engel & Völkers MMC Greece

Your advisor: Irene Homsy

Property ID: W-02V3L5

Property details

Object type

Investment

Condition

Needs Rehabilitation

Number of Floors

5

Total surface

850 m²

Living area

760 m²

Plot surface

630 m²

Energy efficiency information

Construction year

1982

Energy efficiency class

energy class icon

Energy certificate available

Yes

Type of heating

Radiator

Energy source

Central heating, Oil heating

Location: Kifisia, Decentralized Administration of Attica

Kifissia is one of the most prestigious suburbs of Northern Athens, a quiet, green oasis and a commercial hub, just 12 kilometers away from the city centre. Unique features: Kifissia, home to wealthy Athenian families in the post-War period has retained its genteel, old world charms and remains one of the most sought-after addresses. A refreshingly green area with several parks, large public squares, an upscale open-air shopping district with haute couture brands and international labels, banks, refined restaurants, trendy bars, sports clubs and fitness centres. It is close to most international schools and attracts a lot of foreign residents. Its cosmopolitan nature reflects in the speciality supermarkets and food stores that abound. Two of Greece’s largest malls are just a 5-minute drive away. Accessibility: Kifissia is easily accessible by a regular train and bus service to the centre of Athens. The international airport is a 45-minute drive via the Attiki Odos. Investment potential: Kifissia has always been attractive to real estate investors so property prices here will always offer a good return on investment.

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Your shop

Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

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.

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