Athens, Attica 11141

Golden Visa Eligible !Price: 800, 000Land Area: 530 mBuilding Area: 241 m (Two Floors) Prime Location in Kipriadu DistrictNestled between Ano Patissia and Galatsi, this property is situated in a historically rich area of Athens. The Kipriadu district is renowned for its early 20th-century architecture, featuring low-rise buildings, green spaces, and a vibrant local community. Despite urban development, the area retains its unique charm, offering a peaceful environment with easy access to the city center, public transport, schools, and shops.Property Highlights Architectural Style: Eclectic, constructed in the 1920s1930s. Layout: Two independent floors, each measuring 120 m. Entrances: Three separate entrances, providing flexibility in usage. Private Garden Courtyard: Surrounded by greenery, ensuring privacy and serenity. Balconies and Outdoor Patio: Enhancing the living experience. Structural Condition: Excellent: Renovation may be required depending on intended use.Interior Features: Wooden floors in good condition. Two large balconies with two exits. High ceilings (4 meters) on the second floor. Three bathrooms. Two kitchens (with the possibility of relocation). Two separate entrances: one rear exit from the kitchen. Plot Features: Corner plot with mature trees and a secluded area surrounded by green bushes along the perimeter. Elevated patio on the street, ideal for a dining or seating area. Expansion Potential: Possibility to add auxiliary structures or expand the building's footprint, subject to local zoning regulations and permits. Restaurant PotentialThis property presents an ideal opportunity for establishing a restaurant: Spacious Layout: The two floors provide ample space for dining areas and kitchen facilities. Outdoor Dining: The private garden courtyard is perfect for creating an outdoor dining space, enhancing the dining experience. Architectural Charm: The eclectic style and historical features add unique character, attracting patrons seeking a distinctive atmosphere. Prime Location: The Kipriadu district's blend of residential and commercial spaces ensures a steady flow of potential customers. Investment Viability: With the growing demand for unique dining experiences in Athens, this property offers a promising venture for restaurateurs. Investment OpportunitiesThis property represents an ideal investment opportunity with versatile usage options: Residential Use: Convert into two separate apartments or a single-family home. Boutique Hotel or B&B: Leverage its unique character and location to attract tourists. Medical or Educational Facility: Previously leased by the municipality as a kindergarten, indicating suitability for such purposes. Rental Income: Potential monthly rental income of 4, 5005, 000, depending on the chosen use. Golden Visa EligibilityPurchasing this property qualifies for Greece's Golden Visa program, granting residency rights to investors and their families, facilitating easier access to the Schengen Area and other Eu benefits.If you require further information, floor plans, or additional photos, please feel free to contact me. I am here to assist you in exploring this unique opportunity.