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Hidden gems in the historic Kolonos neighborhood
Apartment building
Kolonos
463,12m²
430.000€
PLE2185
In one of the most historic and rapidly developing neighborhoods of Athens, Kolonos, is this independent apartment building. It is a property that perfectly meets modern housing needs, combining immediate income yield with an extremely strong "hidden value" for the smart investor.
The Main Features of the Property
The building is located on a corner plot of 308.04 m², offering excellent southeast and northwest orientation, which ensures ample natural light throughout the day. It consists of 4 independent horizontal properties (apartments):
- Ground floor: Two apartments (I1 and I2).
- 1st Floor: Two apartments (A1 and A2).
Apartment Layout: All apartments are extremely functional and bright (two of them are three-sided). Each has:
- 2 Bedrooms
- 1 Living Room
- 1 Independent Kitchen
- 1 Bathroom & small balconies
Hidden Value & Investment Advantages
What sets this property apart from the competition are its expansion possibilities and auxiliary spaces:
Remaining Building Factor (Height): With a total building factor of 3.00 which has not been exhausted, there are already waiting areas on the terrace (where there is also a small attic) for the addition of at least one additional floor.
Large Uncovered Space: Approximately 120 m² of free space, ideal for parking.
Basement with Storage: Offers valuable storage space, while with the appropriate planning permits it can be converted into a closed garage.
The Neighborhood: History, Connection and Urban Development
Kolonos is a vibrant, authentic neighborhood of Athens, which is in a complete phase of transformation and residential upgrading. It combines in a unique way the urban character with the picturesque corners, the traditional single-family houses and the lungs of greenery.
The building is just 700 meters from the Archaeological Site of the Plato Academy (where Plato founded his school) and is located very close to the verdant Hill of Kolonos.
The street of the facade is directly connected to the central road arteries of Lenormand Avenue and Athinon Avenue. Within a radius of just 300 meters, the bus lines A13, A12, 025 and 051 ensure direct and fast connection to Metro stations and the city center.
Why choose it?
Whether you are looking for a property to exploit through long-term/short-term rentals (Airbnb), or you are aiming for a complete renovation and expansion for resale, this building offers the ideal "canvas" in an area with ever-increasing demand.
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Distribution in m²
- Basement: 158.90
- Ground floor (two apartments and one storage room):
Ι1 = 67.5 (2 bedrooms, living room, bathroom, kitchen)
Ι2 = 65.70 (2 bedrooms, living room, bathroom, kitchen)
- Ground floor storage room = 6.20
- First Floor (two apartments):
Α1 = 64 (2 bedrooms, living room, bathroom, kitchen)
Α2 = 91 (2 bedrooms, living room, bathroom, kitchen)
- Attic: 9.82
- Uncovered plot area approximately 120m²
Common areas and corridors-stairs have not been included in the calculations.
Living/Net area
463,12m²
Built/Rennovation
1956/1972
Bedrooms
8
Parking
After settlement
Baths/WC
4
Storeroom
v
Floor level/levels
+0/1st/-1/Roof
Position type
Corner
Athens Center
Kolonos
Nafpliou 60, Athina 104 41, Greece
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