Prime Investment Opportunity: 571 sqm Residential Building in Nea Kypseli, Athens

Nestled in the vibrant heart of Nea Kypseli, Athens, this impressive 571 sqm residential building presents a compelling investment opportunity. Constructed in 1985, this six-level property is strategically located with easy access to the city's infrastructure, making it ideal for either a multi-family dwelling or a high-yield income-generating asset. The building comprises a 33 sqm basement, two ground-floor apartments (70 sqm & 36 sqm), and two apartments on both the first and second floors (78 sqm & 54 sqm each). The upper two levels are unified into a spacious 168 sqm maisonette, accessed by an internal staircase. In total, the property features a remarkable 15 bedrooms, 7 living rooms, 7 kitchens, and 7 bathrooms, offering immense flexibility for various rental configurations. Enjoy unobstructed views, bright interiors, an elevator, aluminum frames, built-in wardrobes, and elegant marble and wood flooring throughout. The property is currently in a condition that allows for immediate use or targeted renovation to maximize its potential. Located in a developing area with excellent transport links, this building is perfectly positioned to deliver stable rental income through long-term or short-term leases. Furthermore, this exceptional property may qualify for a renewable Greek residence permit, making it an even more attractive prospect for international investors seeking a valuable asset in the Athenian market.