2914 €/sq.m.
Rental Income Property with Expansion Potential — A Rare Opportunity in Kato Pefki Located in a quiet and beautiful neighborhood in Kato Pefki, a rare, light-filled three-story apartment building is for sale in one of the most sought-after residential areas of Athens' northern suburbs just minutes from prestigious Kifissia. It offers immediate rental income through four self-contained apartments, with the distinct advantage of approximately 210 sqm of remaining building coefficient, allowing the new owner to add additional floors and significantly increase both income and value. A truly rare combination and perfectly positioned for a buyer who wants to capitalize on both immediate cash flow and long-term development potential. Ideal for investors, large families, or buyers seeking stable passive income and suitable for residential use, commercial use, investment, or rental income. Available immediately. Detailed Description: Three floors consisting of a basement, a raised ground floor, and a 1st floor. In total, it comprises 4 apartments: 2 on the ground floor (91.04 sq.m. and 77.70 sq.m.) and 2 on the 1st floor (68.86 sq.m. and 63.33 sq.m.), as well as a 75.30 sq.m. basement storage room and 1 indoor underground parking space. The total gross area of the property is 326 sq.m. and is situated on a 380 sq.m. plot with a 21.77 m. street frontage and has a remaining building coefficient (GFA allowance) of approximately 210 sq.m. (Building Coefficient: 1.40). Built in 1973 and completed in 1990. The property features autonomous oil heating, and its energy performance certificate is Category D. Includes air conditioning, solar water heater, radiator heating, aluminum window frames with double-glazed windows, window screens, awnings, electrical appliances, storage room, security door, and a three-phase electrical system. Gardens with trees both in front and out back. Flooring consists of tiles and marble. In excellent condition and located close to public transport, Attiki Odos motorway, O.A.K.A. athletic facilities, parks, schools, public square, church. EDRASI REAL ESTATE, contact phone: 6936893630, email: [email protected], website: www.edrasirealestate.com * The property's location on the map is approximate. The exact address is provided upon property viewing. * The property's features and details are provided based on information supplied by the owner. * Our office is a member of the Athens Chamber of Tradesmen (E.E.A.), with General Commercial Registry (G.E.MI.) number 184897403000, a member of the Association of Real Estate Agents of Athens–Attica (S.M.A.S.A.A.) with registration number 10104, and a member of the European Association of Real Estate Professions (CEPI). * For the property viewing and the signing of the viewing instruction form, the presentation of your ID card and Tax Identification Number (TIN) is required, in accordance with the Real Estate Brokerage Law (Law 4072/2012, Government Gazette 86/A/11.04.2012).
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