Building for sale in Lycabettus. Situated in one of Athens’ most prestigious and central locations, Lycabettus, this modern 7-storey commercial building offers an exceptional opportunity for investors seeking a high-yield asset or a premium redevelopment project suitable for Golden Visa residential conversion.
The property spans a total built area of 1,491 sqm across 7 floors, including two underground parking levels accessible via a car elevator. Constructed in 1999, it has been renovated and meticulously maintained, ensuring both modern functionality and architectural appeal.
Building for sale in Lycabettus. Situated in one of Athens’ most prestigious and central locations, Lycabettus, this modern 7-storey commercial building offers an exceptional opportunity for investors seeking a high-yield asset or a premium redevelopment project suitable for Golden Visa residential conversion.
The property spans a total built area of 1,491 sqm across 7 floors, including two underground parking levels accessible via a car elevator. Constructed in 1999, it has been renovated and meticulously maintained, ensuring both modern functionality and architectural appeal.
Currently, the building is occupied by a AAA corporate tenant, who is willing to vacate, allowing immediate flexibility for either continued commercial use or residential transformation under the Greek Golden Visa framework. Its energy class A (33%–50%) and technical specifications make it ideal for either purpose.
Property Highlights
Total area: 1,491 sqm
Levels: 7 floors + 2 underground parking areas
Heating system: Central heating (oil)
Energy class: A
Year built: 1999 – recently renovated
Access: Asphalt road, prominent street frontage
Technical & Functional Features
Air conditioning throughout
Central oil heating
Three-phase power supply
Security door
Loading/unloading elevator
Emergency power generator
Spacious terraces and balconies
Private underground parking
The property’s flexible layout allows for multiple uses: office building, corporate headquarters, mixed-use property, or conversion into luxury apartments ideal for Golden Visa investors and international buyers seeking prime central Athens real estate.
Located in the heart of Lycabettus, the building benefits from its elite urban setting—just minutes from Kolonaki, Syntagma Square, and major transport hubs. The area offers immediate access to high-end dining, boutique retail, embassies, business centers, and cultural landmarks, making it one of the most sought-after addresses in Athens.
This premium 7-storey building in Lycabettus represents a rare investment opportunity—combining prime location, modern infrastructure, and exceptional redevelopment potential for the Golden Visa market.
Building for sale in Lycabettus
Location Information:
Lycabettus skirts the famed Mt. Lycabettus and overlooks Kolonaki, Athens’ upscale district. It is just a short 10-minute walk to the city centre.
Lycabettus is perched high above the city and is surrounded by the lush hills that lead up to the charming Ag. Giorgos church. You’re surrounded by greenery while being a short walk away from bustling cafes, restaurants, designer boutiques, cinemas and book- stores.
It is also very close to several museums, art galleries and theatres. Lycabettus has long been a coveted real-estate destination, offering a green oasis while being close to the city centre.
It is an area extremely well-connected by the metro, tram, and bus services to the rest of Athens. The airport is 50 minutes to an hour away by express train and direct buses.
This area is right in the centre of Athens, an area that has always enjoyed a lot of interest from buyers, offering guaranteed returns on investment.
Kolonaki is the undefeated champion of stylish neighborhoods in Athens.
The central neighborhood of Kolonaki is one of the oldest districts in Athens and a must-visit if you love to shop or want to spend a relaxing day people watching, whilst sipping a Greek coffee.
Kolonaki has seen a new wave of designer shops, cafe’s and restaurants emerge, which are upheld beyond the tourist season by its affluent residents.
From art galleries, luxury brands, hip boutiques and shoe emporiums, what I love about Kolonaki’s recent renaissance is the variety of international labels with equally impressive independent Greek designers appearing more and more around the district, bringing a bit more edge and color to the area..
You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.
Location
The property is situated at Athens, Athens Center, Kolonaki - Lycabettus.
Contact Agent
Ktimatoemporiki Real Estate
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