Engel & Völkers
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Investment Building in Kaisariani

€750,000
  • 4 Bedrooms
  • 4 Bathrooms
  • 472 m² Total surface
  • 472 m² Living area

Description

This unique property spans 472 sqm across four levels, offering a blend of residential and commercial spaces that are perfect for a wide range of uses. Whether you’re looking to expand your portfolio or develop a one-of-a-kind property, this building is a prime opportunity combined with its potential for Golden Visa. Here’s what you’re getting: Basement (106 sqm): A spacious storage area with great flexibility for future development or as a revenue-generating space. Ground floor (79 sqm): Initially used as an industrial workspace, this area has fantastic potential for a retail or commercial enterprise, or could easily be adapted for a new business venture or converted to a residential property and become eligible for the Greek Golden Visa Scheme. 1st floor (96 sqm): A residential unit, offering the chance to create attractive rental apartments or a live/work space in a prime location. 2nd & 3rd floors (96 sqm each): These levels are ideal for industrial or commercial use—think office space, studios, or more also eligible under the Golden Visa Scheme. Originally built in 1962 with multiple updates over the years, the most recent renovation in 1993 transformed the property into a commercial and residential hybrid—maximizing flexibility and business opportunity. Located in an up-and-coming area with excellent demand, this property is primed for the savvy investor or entrepreneur looking to make their mark. Don’t miss out on a chance to acquire this versatile, high-potential building. Let’s talk about how this property can work for you!

Features
BalconyBasementElevator
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Engel & Völkers MMC Greece

Your advisor: Thanasis Bgialas

Property ID: W-02XYG3

Property details

Object type

Apartment House

Condition

Needs renovation

Bedrooms

4

Bathrooms

4

Number of Floors

4

Total surface

472 m²

Living area

472 m²

Energy efficiency information

Construction year

1962

Energy efficiency class

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Energy certificate available

Yes

Location: Kaisariani, Decentralized Administration of Attica

Location: Kaisariani is a suburb located in the eastern part of Athens, Greece Unique Features: It is known for its beautiful green surroundings. The area features a mix of residential buildings and traditional Greek houses, along with parks, churches, and a small shopping district. Kaisariani is also home to a famous monastery, the Kaisariani Monastery, which is a popular tourist destination. Accessibility: Despite its peaceful atmosphere, Kaisariani is well connected to the center of Athens by public transportation, making it a convenient location for those who want to enjoy the city's vibrant cultural scene while also having a place to retreat from the hustle and bustle. Investment potential: The area is just kilometers away from the center of Athens, an area that always has great interest from buyers with guaranteed returns on investment.

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Houses for sale in Decentralized Administration of Attica

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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