1376 €/sq.m.
This 109 sq.m. third‑floor apartment in Kallithea, presents a strong investment opportunity due to its competitive price per square meter and its renovation potential. The property is a corner, bright, airy, and dual‑aspect floor apartment, offering excellent natural light and flexible interior layout options. The apartment includes 2 bedrooms (one master), 1 bathroom, 1 WC, a separate kitchen, a spacious living room with a fireplace, two balconies, and additional storage through a built‑in loft. Flooring is marble, and the existing wooden window frames feature single glazing. The property requires renovation, making it ideal for investors seeking: value‑add potential through renovation and resale, long‑term rental income, the option to split the apartment into two independent units for dual revenue streams. With an asking price of €150,000 (€1,376/sq.m.), significantly below the average for the area, the asset offers strong ROI prospects after targeted upgrades. Area Description Located in the highly sought‑after Kallithea – Harokopou district, the property benefits from one of the most dynamic and high‑demand residential markets in South Athens. The area attracts students, young professionals, families, and long‑term tenants, thanks to its strategic position between the Athens city center and the coastal zone. The neighborhood offers: excellent access to public transportation, a dense local market with shops, supermarkets, cafés, and services, proximity to major universities, hospitals, and business hubs, quick access to the Stavros Niarchos Foundation Cultural Center and the Faliro waterfront. This combination makes the location particularly attractive for rental investment, both long‑term and student‑oriented. 🚇 Distances to Key Infrastructure 🎓 Universities Harokopio University: ~5 minutes Panteion University: ~7–10 minutes University of Piraeus: ~10–12 minutes National & Kapodistrian University of Athens (Law School / City Center): ~15–20 minutes High student demand makes the property suitable for long‑term student rentals or dual‑unit conversion. 🏥 Hospitals Onassis Cardiac Surgery Center: ~10 minutes Metropolitan Hospital: ~10 minutes Tzaneio Hospital (Piraeus): ~12–15 minutes General Hospital of Nikaia: ~15 minutes Proximity to major medical facilities increases rental demand from healthcare workers. 🚆 Transport Bus stops: a few minutes on foot Kallithea ISAP Station: ~10 minutes Tram (Neos Kosmos / Nea Smyrni): ~10–12 minutes 🌊 Coastal Zone Stavros Niarchos Foundation Cultural Center (SNFCC): ~7–10 minutes Faliro Marina / Flisvos: ~12–15 minutes ✈️ Airport & Port Port of Piraeus: ~12–15 minutes Athens International Airport (AIA): ~35–40 minutes 🎯 Why This Property Appeals to Investors Below‑market price per sq.m. for Kallithea Large 109 sq.m. layout with division potential High rental demand due to proximity to 4 universities Strong long‑term tenant base (students, professionals, families) Excellent transport connectivity Clear value‑add opportunity through renovation High liquidity area with stable resale demand
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