Offering a rare opportunity for significant income generation, this exceptional 9-level commercial building stands proudly near Koumoundourou Square in the vibrant heart of Athens. Spanning 848 sqm, this property, built in 1967, represents an ideal investment for those seeking a lucrative venture in a high-demand urban area with excellent commercial and tourist potential. Its strategic location offers easy access to key transportation networks, with the nearest metro station just 1,000 meters away.
Designed for maximum versatility, the building features two commercial shops on the ground floor, complemented by fifteen residential units across the first to eighth floors. These include nine studios and six two-room apartments, totaling 22 bedrooms, 15 living rooms, 15 kitchens, and 15 bathrooms. This layout makes it perfect for a mixed-use model, combining retail with long-term rentals or lucrative short-term holiday accommodations through platforms. The property boasts aluminum frames, mosaic floors, an elevator, an internal staircase, and offers bright, open spaces with unlimited views, enhancing quality of living.
While functional, the property also presents immense potential for renovation, further boosting its market value and appeal. With high visibility and strong investment dynamics in an area experiencing consistent growth, this building may qualify for a renewable Greek residence permit, making it an attractive prospect for international investors.