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Investment Property for Sale in Koukaki, Athens.
ID A4-13099
€600.000
Property Type: Apartment
Municipality: Athens Center
Location: Koukaki - Makrigianni
Ref No.: A4-13099
Year: 1972
Floor: 3th
Energy Class: E
Apartments: 3
Description
Investment Property for Sale in Koukaki, Athens. An exceptional investment opportunity in the heart of Koukaki, one of Athens most desirable and consistently high-performing residential and tourism districts. Just moments from the Acropolis, the Acropolis Museum, and the citys most iconic cultural landmarks, this 170 sq.m. property offers outstanding potential for investors seeking strong rental yields and long-term capital appreciation.
Situated on the 3rd floor of a well-maintained building with elevator access, the property has been legally divided into three independent apartments of approximately 56 sq.m., 56 sq.m., and 58 sq.m., making it ideally suited for both short-term and long-term rental strategies.
Situated on the 3rd floor of a well-maintained building with elevator access, the property has been legally divided into three independent apartments of approximately 56 sq.m., 56 sq.m., and 58 sq.m., making it ideally suited for both short-term and long-term rental strategies.
Investment Property for Sale in Koukaki, Athens. An exceptional investment opportunity in the heart of Koukaki, one of Athens most desirable and consistently high-performing residential and tourism districts. Just moments from the Acropolis, the Acropolis Museum, and the citys most iconic cultural landmarks, this 170 sq.m. property offers outstanding potential for investors seeking strong rental yields and long-term capital appreciation.
Situated on the 3rd floor of a well-maintained building with elevator access, the property has been legally divided into three independent apartments of approximately 56 sq.m., 56 sq.m., and 58 sq.m., making it ideally suited for both short-term and long-term rental strategies.
Currently in an unfinished stage, the property provides a rare opportunity for the new owner to complete the final interior finishes according to their own specifications while significantly enhancing its market value.
The electrical and plumbing installations have already been completed, and the layout has been fully optimized for three separate residential units.
Only the final installation of kitchens, bathrooms, flooring, and interior finishes remains, allowing for maximum flexibility in design and budgeting.
The apartments benefit from a dual-aspect configuration with balconies on both the front and rear elevations, ensuring abundant natural light, excellent ventilation, and pleasant open city views throughout.
Located in one of Athens strongest rental markets, the property is surrounded by cafés, restaurants, boutique shops, museums, and public transport, while remaining within walking distance of the Acropolis and the historic centre.
This strategic location continues to attract both international visitors and long-term residents, making it an outstanding asset for income generation.
With an estimated rental yield of 6–8% or higher upon completion, this property presents an excellent opportunity for investors looking to develop a premium rental portfolio or maximize resale value following renovation.
Whether you are seeking a high-yield rental investment, a boutique hospitality project, or a value-add real estate opportunity in central Athens, this unique property combines an exceptional location, legal flexibility, and significant upside potential in one of Greeces most sought-after property markets.
Investment Property for Sale in Koukaki, Athens. Location Information:
The neighborhood of Koukaki borders Athens’ picturesque old town and lies in between the Acropolis and Syngrou Fix metro stations.
Nestled in the shadow of the Acropolis, the neighborhood of Koukaki lies in one of the city’s most creative and charming corners.
In Koukaki, one can admire 19th and 20th-century buildings. In between, you will come across taverns with beautiful terraces, intimate cafes, and traditional bakeries with heavenly smells just inviting you in, while its unevenly paved sidewalks lined with bitter orange trees have an undeniably urban village feel.
Numerous cultural sites in the area include the world-famous Acropolis Museum, the National Museum of Contemporary Art in the building of the former Fix Brewery, and the Trii Art Hub which houses works by local artists, together with other establishments inspired by cultures from around the world, they present a taste of the area blended with international styles.
The sweeping cobbled esplanade of Dionysiou Areopagitou is an absolute must when living or visiting this magnificent neighborhood of Athens, while the beautiful green area of Philoppapos Hill is also available at walking distance!
If you are looking for the real deal and the best of what Athens has to offer, Koukaki with its alternative vibe and absolute charm, is the neighborhood to choose!
All of the above clearly explains why it has a staggering popularity as an Airbnb destination, ranking it in the most interesting neighborhoods in the world to stay.
Both as a personal residence or as an investment opportunity this superb contemporary apartment ticks all the boxes when it comes to urban living with all the provided comforts!
Situated on the 3rd floor of a well-maintained building with elevator access, the property has been legally divided into three independent apartments of approximately 56 sq.m., 56 sq.m., and 58 sq.m., making it ideally suited for both short-term and long-term rental strategies.
Currently in an unfinished stage, the property provides a rare opportunity for the new owner to complete the final interior finishes according to their own specifications while significantly enhancing its market value.
The electrical and plumbing installations have already been completed, and the layout has been fully optimized for three separate residential units.
Only the final installation of kitchens, bathrooms, flooring, and interior finishes remains, allowing for maximum flexibility in design and budgeting.
The apartments benefit from a dual-aspect configuration with balconies on both the front and rear elevations, ensuring abundant natural light, excellent ventilation, and pleasant open city views throughout.
Located in one of Athens strongest rental markets, the property is surrounded by cafés, restaurants, boutique shops, museums, and public transport, while remaining within walking distance of the Acropolis and the historic centre.
This strategic location continues to attract both international visitors and long-term residents, making it an outstanding asset for income generation.
With an estimated rental yield of 6–8% or higher upon completion, this property presents an excellent opportunity for investors looking to develop a premium rental portfolio or maximize resale value following renovation.
Whether you are seeking a high-yield rental investment, a boutique hospitality project, or a value-add real estate opportunity in central Athens, this unique property combines an exceptional location, legal flexibility, and significant upside potential in one of Greeces most sought-after property markets.
Investment Property for Sale in Koukaki, Athens. Location Information:
The neighborhood of Koukaki borders Athens’ picturesque old town and lies in between the Acropolis and Syngrou Fix metro stations.
Nestled in the shadow of the Acropolis, the neighborhood of Koukaki lies in one of the city’s most creative and charming corners.
In Koukaki, one can admire 19th and 20th-century buildings. In between, you will come across taverns with beautiful terraces, intimate cafes, and traditional bakeries with heavenly smells just inviting you in, while its unevenly paved sidewalks lined with bitter orange trees have an undeniably urban village feel.
Numerous cultural sites in the area include the world-famous Acropolis Museum, the National Museum of Contemporary Art in the building of the former Fix Brewery, and the Trii Art Hub which houses works by local artists, together with other establishments inspired by cultures from around the world, they present a taste of the area blended with international styles.
The sweeping cobbled esplanade of Dionysiou Areopagitou is an absolute must when living or visiting this magnificent neighborhood of Athens, while the beautiful green area of Philoppapos Hill is also available at walking distance!
If you are looking for the real deal and the best of what Athens has to offer, Koukaki with its alternative vibe and absolute charm, is the neighborhood to choose!
All of the above clearly explains why it has a staggering popularity as an Airbnb destination, ranking it in the most interesting neighborhoods in the world to stay.
Both as a personal residence or as an investment opportunity this superb contemporary apartment ticks all the boxes when it comes to urban living with all the provided comforts!
Location
The property is situated at Athens, Athens Center, Koukaki - Makrigianni.
Contact Agent
Ktimatoemporiki Real Estate
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