Psyri, in the heart of Athens, is a vibrant blend of history and modernity. Its narrow cobblestone streets, eclectic street art, and mix of traditional tavernas and contemporary bars create a dynamic atmosphere. With neoclassical architecture alongside trendy establishments, Psyri is a cultural hub, offering a snapshot of Athens’ urban life near Monastiraki and the historic Plaka district.
Description
In the vibrant Psyri neighborhood, just moments from Monastiraki, stands a 3-story building embodying urban living. The ground floor hosts a commercial space that could be converted into residential units, adding versatility. As you ascend from the 1st to the 3rd floor, you’ll find cozy apartments offering a comfortable retreat amidst city life. However, it’s the top floor that captures attention, featuring a 35 sqm studio apartment with a terrace boasting stunning views of the Acropolis. With renovation potential, this building is a coveted gem in a sought-after, touristic area, promising significant returns on investment.
Other Features
Acropolis View
Cityscape View
Needs Renovation
Property Id : 34055
Price: € 1,490,000
Price Info: € 5,730 / Sqm
Property Size: 260 m2
ID: LIV0524621
Balcony: Yes
Terrace: Yes
Floor Type: Terrazzo
Location Description: Nestled in the southwestern outskirts of Athens, Moschato exudes charm against the picturesque backdrop of the Faliro Bay. Just 6 km from the heart of Athens and a mere 3 km from the bustling city of Pireas, this municipality offers a harmonious blend of urban convenience and coastal tranquility. With its strategic location and vibrant community spirit, Moschato stands as a gateway to both the cultural riches of Athens and the maritime allure of Pireas.
Property Description: An exceptional investment beckons in Moschato with a former industrial building boasting four expansive floors, each spanning 600 sqm, alongside a basement with soaring 4.5-meter ceilings. Additionally, there's an extra rooftop space spanning 40 sqm. Eligible for the Golden Visa program, this property presents an ideal canvas for transformation into a residential haven. While requiring renovation, its potential is boundless, especially given the spacious basement, offering ample scope for innovative redevelopment. This opportunity not only promises lucrative returns but also aligns perfectly with the burgeoning demand for residential spaces in the vibrant Moschato locale.
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