Investment Property on Filopappou Hill

€490,000

5 Bedrooms
3 Bathrooms
240 m² Total surface
190 m² Living area

Description

An excellent building ideal for living and / or investment in the favorite neighborhood of Ano Petralona is put up for sale. On the ground floor the property has a commercial space of 50 sq.m. that can be used as a store or converted into a warehouse. There is also an apartment of 60 sq.m. with 2 bedrooms, living room, kitchen, bathroom with loft and inner courtyard with lemon trees.On the first floor we find the apartment of 130 sq.m., consisting of three bedrooms, kitchen, living room, dining room, a bathroom and a WC. The hill of Filopappos starts just a few steps from the entrance of the property and is not far from Mercouri Square with its cafes, restaurants and shops. The distance from the train station is no more than five minutes on foot. The property is ideal for investing in an area that keeps its character and remains popular , while it is a first class opportunity for people who want to have in the same property their business and home.

Features

Balcony

Engel & Völkers MMC Greece

+302111055000

Your advisor: Nikos Gogoulos

Property ID: W-02O6H1

Location: Petralona, Athens

Location: Petralona is named after the Greek words 'Petrina Alonia' which means 'stone threshing floors', which were used in the area to thresh grain before urbanization. Petralona is just 4 kilometers away from the Athens City Center. The area is an emerging and alternative neighborhood of Athens. The district extends from Hamosternas Street to Poulopoulos Bridge and from Piraeus to the hill of Filopappos and is divided into Upper and Lower Petralona by the lines of the Electric Railway. Unique features: Ano Petralona is a charming neighborhood that has preserved unchanged the unique characteristics of Old Athens while embracing the beauty of neoclassical Athens. Ano Petralona is located in a strategic point near the areas of Thisio, Keramikos, Filopappou and Koukaki. Moreover, Petralona offers a great variety of Theater scenes, bars and restaurants that are scattered throughout the neighborhood offering locals and foreigners a unique experience of both the Old and New Athens. Accessibility: Extremely easy access to the rest of Athens via central roads, good connection to the metro (Petralona Electric Railway Station), trolley and buses to the rest of Athens. The airport is 50 minutes away by train or bus. Investment potential: This area has always had a very strong residential interest and in recent years the tremendous development of food service sectors has brought new life to the district.

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.