Offering exceptional value at €670,000, this unique Neo-Gothic detached house presents a rare investment opportunity in Athens Center, specifically in America Square, near Patision and Acharnon Avenues. Built in 1914, this 238 sq.m. three-level property stands on a generous 481 sq.m. plot, distinguished by its fortress-like architectural style, pointed arches, and battlements-a truly unique landmark in the city. The building was officially designated as a preserved monument in 2008 due to its outstanding architectural significance.
While in excellent structural condition, the villa requires a comprehensive architectural and interior renovation, allowing for a personalized transformation. The expansive 481 sq.m. plot boasts a significant building coefficient of 4.2, offering an incredible 1,760 sq.m. of untapped building potential. This allows for diverse possibilities, from a luxurious private residence or a boutique hotel to an art residency, offices, or a mixed-use development. With a private, tree-lined garden and easy access to public transport, cultural sites, and schools, this property may qualify for a renewable Greek residence permit and promises substantial future appreciation.