Apartment 53m² (79.000 €)

KY PSELI – RENOVATED 53 SQ.M. APARTMENT FOR SALE | 2 BEDROOMS | INVESTMENT OPPORTUNITY Located in a convenient and quiet part of Kypseli, within a short distance from Kypseli Square, this renovated 53 sq.m. semi-basement apartment is offered for sale. Originally built in 1967 and renovated in 2020, the property features a functional layout comprising two bedrooms, a living room, a separate kitchen and one bathroom. Despite being situated on a semi-basement level, the apartment is front-facing, bright and airy. It features aluminium frames with double glazing and insect screens. Heating is central with natural gas, while air conditioning is also available. Additional features include a security door and access to an elevator. A significant advantage of the property is its location, very close to Kypseli Square and the future “Kypseli” station of Athens Metro Line 4, currently under construction. The new metro connection is expected to further improve accessibility and public transport links in the area. Kypseli is one of Athens' most vibrant and established central neighbourhoods, offering immediate access to local shops, restaurants, cafés, entertainment, street markets and public transportation. Its proximity to Kypseli Square and the future Metro Line 4 station enhances the property's appeal both as a residence and as an investment. Investment potential: based on current market conditions, a conservative estimated long-term rental range for the property is approximately €480–€550 per month, depending on market conditions and the way the property is utilised. At the asking price, this rental range can provide an attractive gross rental yield for an investor 5 - 7% . Some of the existing furniture may remain in the apartment, subject to agreement with the owner, at no additional cost. Key Features 53 sq.m. Semi-basement 2 bedrooms Living room Separate kitchen 1 bathroom Built in 1967 Renovated in 2020 Central natural gas heating Air conditioning Aluminium frames with double glazing Insect screens Security door Elevator Front-facing Bright and airy Selected furniture may remain at no additional cost, subject to agreement with the owner Energy Efficiency Certificate: Class G Very close to Kypseli Square and the future Metro Line 4 station An attractive option for investment, long-term rental or owner-occupation, in a well-established central Athens neighbourhood with excellent local amenities and the prospect of significantly improved transport connectivity. For further information or to arrange a viewing, please contact us. NESTIA REAL ESTATE Contact: Katerina Kostala Tel: +30 694 804 2696 Email: [email protected]

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Location of the property