Building for sale in Athens Center.
ID AB-1567

Building for sale in Athens Center.Situated in the heart of Omonoia, one of the most strategically positioned and rapidly evolving districts in central Athens, this professional building of 1,100 square meters presents a rare and powerful opportunity for redevelopment into high-performing urban residences.

Originally constructed in 1975, the property comprises six identical floors of 180 square meters each—offering an optimal layout for residential conversion in a city where demand for quality compact housing continues to grow. Read more

Building for sale in Athens Center.Situated in the heart of Omonoia, one of the most strategically positioned and rapidly evolving districts in central Athens, this professional building of 1,100 square meters presents a rare and powerful opportunity for redevelopment into high-performing urban residences.

Originally constructed in 1975, the property comprises six identical floors of 180 square meters each—offering an optimal layout for residential conversion in a city where demand for quality compact housing continues to grow.

A complete transformation study has already been prepared, with two pre-approved configurations available: 24 modern apartments of 42 sqm or 30 smartly designed units of 33 sqm. Both options are fully aligned with the requirements of the Greek Golden Visa program, making this asset ideal for international investors seeking residency through real estate.

The redevelopment includes full-scale interior renovation—new plumbing, electrical installations, partitions, sound and thermal insulation, and a complete modernization of the elevator system.

Estimated renovation budgets are €770,000 for the 24-unit plan and €900,000 for the 30-unit plan, bringing total project costs to €3,270,000 and €3,400,000 respectively. These budgets cover not only structural upgrades but the full furnishing of every apartment to a high standard.

Each unit will be delivered turnkey, featuring a kitchenette, bathroom, and a stylish open-plan living-sleeping area.

Interiors will be furnished with tasteful, modern décor and durable materials, optimized for both short-term guests and long-term residents. Every apartment will include individual utility meters to ensure operational efficiency and autonomy.

Located just steps from the Omonoia metro station, the building sits in a neighborhood at the epicenter of Athens urban revival. Once a traditional business district, Omonoia is now being redefined by new hospitality ventures, upgraded public spaces, and a growing influx of young professionals and remote workers.

The property is within walking distance of Athens major cultural landmarks—including Monastiraki, Syntagma, the Acropolis, and the historic center—while enjoying direct metro connections to the airport and Piraeus port.

This is more than just a building. It is a scalable, income-generating asset with immense long-term upside. Whether you envision a boutique residential portfolio, a Golden Visa investment vehicle, or a fully operational hospitality model, this property is primed to perform in one of Europe’s most exciting real estate markets.

Seize the opportunity to be part of Athens’ urban renaissance—invest where culture, connectivity, and capital growth converge.

Building for sale in Athens Center. Location information:

Athens stands as the most glorious city in the world, revered by gods and cherished by people alike. Indeed, this enchanting capital remains the birthplace of civilization.

Above all, democracy emerged here, shaping societies worldwide. Moreover, many of the ancient world’s wisest minds lived and shared knowledge in this historic city. Consequently, Athens fostered an influential civilization, leaving behind extraordinary monuments that continue to inspire.

As you explore Athens, you will notice its striking contrasts. For instance, the historic triangle of Plaka, Thission, and Psyri beautifully blends past with present.

On one side, old mansions—some meticulously preserved, others gracefully aged—stand beside contemporary buildings. At the same time, luxurious department stores coexist with charming boutique shops, offering endless shopping opportunities. Likewise, elegant restaurants serve exquisite gourmet dishes, while traditional taverns faithfully uphold Greek culinary traditions.

At the city’s heart, Syntagma Square pulses with energy, hosting the Parliament and key government ministries. Just a short walk away, Monastiraki enchants visitors with vibrant markets, while Kolonaki captivates with sophisticated boutiques. Meanwhile, Lycabettus Hill offers breathtaking panoramic views all year round.

Beyond the city center, the coastal areas of Faliro, Glyfada, Voula, and Vouliagmeni provide refreshing sea breezes and stunning beachside experiences. Alternatively, heading north, Marousi, Melissia, Vrilissia, and Kifisia boast an elegant and refined atmosphere.

Athens also dazzles with its electrifying nightlife. As the sun sets, the city comes alive with entertainment for every taste. Most notably, the famous "bouzoukia" venues mesmerize visitors with live Greek music and spirited dancing.

Additionally, numerous theaters showcase diverse performances, enriching the city’s cultural scene. With its unparalleled charm and enduring allure, Athens remains a divine city, standing proudly as a timeless beacon of civilization.

You may visit https://greek-golden-visa.com/ for details on the application process and benefits of obtaining the Greek Golden Visa.