Modern Airbnbs in Historic Plaka: High-Income Investment Opportunity 1

€670,000

2 Bedrooms
2 Bathrooms
115 m² Total surface
115 m² Living area

Description

Nestled in the heart of Plaka, next to the oldest house of modern Athens, lies a remarkable investment opportunity: a 115 sq m first-floor apartment ingeniously divided into two 50 sq m units, complemented by spacious storage rooms. This property is a prime Airbnb rental, boasting very high income due to its unbeatable location near Syntagma Square and The Historic Plaka. The transformation from office space to modern living quarters was executed with a vision of creating luminous, stylish flats that cater to all the comforts of home. The design philosophy embraces simplicity and functionality, characterized by clean, geometric lines and Scandinavian influences. A key feature is the custom-made wooden and matte black metal dividers that separate the bedrooms from the living areas. These dividers are multifunctional, serving as TV stands and storage units, while also allowing natural light to permeate throughout the space, enhancing the open feel. The aesthetic appeal of these apartments is further amplified by the use of neutral grey tones, reflecting the building’s grey mosaic facade. The all-white interior is contrasted by striking greys and blacks, wood accents, and unique artwork, creating a harmonious and inviting atmosphere. This project stands out due to its highly functional design aimed at maximizing natural light and making the spaces feel larger. The meticulous attention to detail in the custom-made steel and wood space dividers ensures unobstructed visual contact, enhancing the overall living experience. Fully furnished with modern furniture and state-of-the-art electrical equipment, these apartments are ready to generate substantial Airbnb income from day one. *The Energy Performance Certificate is currently being issued.

Features

Air conditionBuilt-in kitchenSecurity systemElevatorBuilt in wardrobeOpen viewFurnished

Engel & Völkers MMC Greece

+302111055000

Your advisor: Konstantinos Dimas

Property ID: W-02WELW

Location: Plaka, Athens

Location: 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.

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.