Apartment Building for Sale in Agios Nikolaos, Athens. Located in the vibrant and rapidly evolving Agios Nikolaos district of Athens, this exceptional 285 sqm apartment building presents a rare opportunity to acquire a fully renovated, income-producing asset with outstanding future development potential. Set on a 181.89 sqm plot with a Floor Area Ratio (FAR) of 3.6 and remaining building capacity, the property combines immediate rental income with long-term capital appreciation, making it an outstanding investment in one of Athens strongest rental markets.
Apartment Building for Sale in Agios Nikolaos, Athens. Located in the vibrant and rapidly evolving Agios Nikolaos district of Athens, this exceptional 285 sqm apartment building presents a rare opportunity to acquire a fully renovated, income-producing asset with outstanding future development potential. Set on a 181.89 sqm plot with a Floor Area Ratio (FAR) of 3.6 and remaining building capacity, the property combines immediate rental income with long-term capital appreciation, making it an outstanding investment in one of Athens strongest rental markets.
Designed with a contemporary minimalist aesthetic and extensively renovated to modern standards, the building is arranged over three levels and comprises six independent apartments, all ready for immediate occupation or rental.
The layout includes a 31.19 sqm basement currently used as a storage area, a 127.57 sqm ground floor with three fully renovated apartments, and a 126.52 sqm first floor with three additional apartments and an independent entrance, offering enhanced privacy and operational flexibility.
Each apartment measures approximately 40 sqm, providing functional and modern living spaces perfectly suited to todays rental market.
Every apartment has been renovated using high-quality materials and is equipped with security entrance doors, aluminium window frames with double glazing, autonomous electric heating, air conditioning, modern kitchens, contemporary bathrooms, quality tiled flooring, and electrical appliances, allowing the new owner to begin generating income immediately without the need for additional investment.
One of the propertys greatest advantages is its exceptional location. Situated just 200 metres from Agios Nikolaos Metro Station, the building enjoys immediate access to central Athens, universities, business districts, shopping areas, and the citys extensive public transportation network.
Supermarkets, cafés, restaurants, schools, and all essential amenities are within walking distance, creating consistently high demand from students, young professionals, expatriates, and long-term tenants.
The six independent apartments provide remarkable flexibility, making the property ideal for student accommodation, long-term residential rentals, serviced apartments, corporate housing, or short-term rental operation, subject to current regulations. In addition, the remaining building coefficient offers valuable future expansion possibilities, significantly enhancing the propertys long-term investment value.
Investment properties of this calibre—offering multiple fully renovated apartments, immediate rental income, remaining development rights, and proximity to a Metro station—are becoming increasingly rare in the Athens market.
As Agios Nikolaos continues to attract strong investor interest and benefit from the ongoing regeneration of the surrounding area, this property represents a secure and strategic acquisition with excellent growth prospects.
Whether you are looking to expand your investment portfolio or acquire a turnkey income-producing asset in the Greek capital, this outstanding apartment building offers the ideal combination of prime location, immediate returns, redevelopment potential, and long-term appreciation.
A rare opportunity to secure a high-performing investment in one of Athens most promising and well-connected residential districts.
Apartment Building for Sale in Agios Nikolaos, Athens. Location Information:
Athens: The city with the most glorious history in the world, a city worshipped by gods and people, a magical city. The enchanting capital of Greece has always been a birthplace for civilization.
It is the city where democracy was born and most of the wise men of ancient times. The most important civilization of ancient world flourished in Athens and relives through some of the world’s most formidable edifices.
Athens is a city of different aspects. A walk around the famous historic triangle (Plaka, Thission, Psyri) the old neighborhoods, reveal the coexistence of different eras.
Old mansions, well-preserved ones and other worn down by time.
Luxurious department stores and small intimate shops, fancy restaurants and traditional taverns. All have their place in this city.
The heart of Athens beats in Syntagma Square. Where Parliament and most of the Ministries are. Monastiraki, Kolonaki and Lycabettus Hill attract thousands of visitors all year round.
A few kilometers from the historic center in Faliro, Glyfada, Voula and Vouliagmeni, you can enjoy the sea breeze.
Or you can head up north and enjoy the fresh air at the more classy neighborhoods of Marousi, Melissia, Vrilissia and of course Kifisia.
The capital is famous, more than any other European capital, for its nightlife. Athens by night totally changes. The options for entertainment satisfy all tastes.
The famous “bouzoukia” are the leaders in the Athenian entertainment.
While the numerous theaters all around Athens offer a different type of entertainment. Athens is a divine city. Let it enchant you.
Features
Autonomous heat system
Storage Room
security door
aluminum window frames
air conditioning
double glazing
Location
The property is situated at Athens, Athens Center, Center Athens.
Contact Agent
Ktimatoemporiki Real Estate
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