Historic Building for Sale in Kypseli, Athens

At street level, the property incorporates substantial commercial accommodation with direct access. The ground-floor spaces benefit from approximately 5-metre ceiling heights, natural light and excellent visibility, creating attractive potential for retail, hospitality or other commercial concepts.

The basement provides additional ancillary space, with approximately 4-metre ceiling height and independent street access.

The first, second and third floors contain large individual units ranging from approximately 118 sq.m. to 130 sq.m., benefiting from balconies, high ceilings of approximately 3.8 metres and generous internal proportions.

The fourth floor introduces one of the propertys most attractive elements: an approximately 85 sq.m. unit complemented by an extensive 185 sq.m. rooftop terrace, offering significant potential for an exceptional top-floor residence, hospitality concept or private amenity space, subject to the appropriate approvals.

Architectural features throughout the building include high ceilings, decorative balconies and a distinctive elevator cabin, while its substantial scale and period character create strong potential for a carefully considered restoration and repositioning project.

Located in Kypseli, one of Athens most historic and architecturally diverse neighbourhoods, the property benefits from a highly urban setting with convenient access to shops, cafés, cultural venues, public transport and everyday amenities.

The combination of historic architecture, substantial floor area, commercial frontage and residential accommodation makes the property particularly suitable for a comprehensive redevelopment concept.

Potential future uses could include premium residential apartments, serviced residences, hospitality accommodation, commercial spaces or a mixed-use scheme, subject to the necessary planning permissions and technical studies.

A rare opportunity to acquire a 1,566 sq.m. historic property in central Athens, combining architectural heritage, scale and significant repositioning potential.

Historic Building for Sale in Kypseli, Athens. Location Information:

Kypseli is a neighborhood in central Athens, Greece. It occupies much of the 6th municipal department of the City of Athens.

When you walk through the streets of Kypseli the first thing you’ll notice is the remarkable mix of architectural styles, from crumbling neoclassical mansions to striking Bauhaus designs with rounded balconies and graphic front doors.

And pretty soon you’ll notice that the neighborhood’s residents match this eclecticism, too.

More recently, the city’s artist community has also begun making it their home, attracted by its close proximity to the center.

The city’s first-ever artist residency, Snehta, was founded here, and the rotating mixture of international artists put on regular exhibitions in its space at I Drossopoulou 47.

The surrounding streets are a mixture of old-world Greek life and modern multiculturalism.

Old men sit playing dominoes outside traditional ouzeries, and restaurants, kebab houses, and bars can all be found nearby.