Six-Story Investment Building in Koukaki, Athens – Ideal for Tourist Exploitation

For investors seeking a prime, high-yield opportunity in the heart of Athens, this six-story residential building in the historic and perpetually popular Koukaki neighborhood presents an unparalleled prospect. Spanning 640 square meters, this property is strategically located near a vibrant playground and just a short stroll from Athens' bustling city center, making it a compelling choice for both residential appeal and commercial enterprise. Constructed in 1970, this versatile building offers a diverse range of units across its six levels, providing exceptional flexibility for redevelopment. The ground floor hosts a 50 sqm shop with high street visibility, while the raised ground floor features a 25 sqm studio and a 50 sqm apartment. The first and second floors each comprise two 70 sqm apartments, followed by a spacious 140 sqm apartment on the third floor with unobstructed views. A further 80 sqm apartment occupies the fourth floor. With a total of 12 bedrooms and 8 bathrooms, the building is perfectly suited for conversion into luxury residences or high-demand short-term rental apartments. Its proximity to metro stations, major tourist attractions, and commercial hubs solidifies its status as a secure investment with significant potential for value appreciation.