Engel & Völkers

Investment building in Metaxourgeio

€750,000
  • 35 Rooms
  • 8 Bedrooms
  • 8 Bathrooms
  • 536 m² Total surface
  • 536 m² Living area

Description

It is a five-storey building of 536 sq.m. next to Metaxourgeio metro station with many investment opportunities. The building consists of a ground floor space of 82,12 sq.m., the 1st floor is 123,25 sq.m., the second 117,15 sq.m., the third 104,74 sq.m., the 4th 71,39 sq.m. and the 5th 34,78 sq.m. The property operates as a guest house and is accordingly configured and recently renovated. It can function as a youth hotel, student residence but can also be configured into small and very commercial apartments. It is located very close to a Metro station, luxury hotels, city centre, bars and restaurants. It is also very close to all the sights and world famous monuments of Athens. Its central location highlights it as a rare investment opportunity.

Features
Balcony
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Engel & Völkers MMC Greece

Your advisor: Rania Zika

Property ID: W-02V5KZ

Property details

Object type

Investment

Condition

Good

Rooms

35

Bedrooms

8

Bathrooms

8

Number of Floors

5

Total surface

536 m²

Living area

536 m²

Energy efficiency information

Construction year

1965

Energy efficiency class

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Energy certificate available

Yes

Location: Metaxourgeio, Athens

Metaxourgeio is a district in the northwestern part of the center of Athens. Unique features: During the recent years, several areas of the district have been upgraded due to the general redevelopment of Metaxourgeio. A special feature of the area are the magnificent neoclassical buildings as well as the picturesque pedestrian streets hidden in its alleys which testify its long history. The area is gaining a reputation as an artistic and modern neighborhood due to the galleries, museums, the restaurants and the cafeterias that have opened in recent years. The heart of the neighborhood is “Avdi Square”, which attracts residents and visitors who really enjoy the green part of the district. Moreover, “Avdi Square” hosts a variety of festivals. Accessibility: Metaxourgeio extends over the area defined by Konstantinopoulos and Deligiannis Avenues and Deligiorgi, Agios Konstantinou, Panagi Chaldari (Piraeus) and Salaminos Streets. It covers Gazochorio, Kerameikos, the wider area of Omonia Square, Platonas Academy and Kolonos.It is crossed by the underground railway network of OSE. Metro Line 2 passes through Metaxourgeio and the area is served by Metaxourgeio Station. Investment potential: Metaxourgeio is included in the Athens Archaeological Sites Consolidation Programme (1998) and as a result it is now of particular investment interest.

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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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