2356390 - Apartment with Development Potential for Sale in Lycabettus, Athens. , 126 sq.m., €510.000 – ID 2204821

Apartment with development potential for sale at the foothills of Lycabettus Hill, located on a quiet residential street near Alexandras Avenue, in an area that consistently maintains strong demand and long-term value. The main residence extends across 126 sqm on the first floor and offers the feeling of a house rather than a typical apartment. The layout is spacious, with natural light and a smooth flow throughout. The living area of 37.26 sqm, centered around a gas fireplace, acts as the focal point of the home, while the 20.12 sqm kitchen with dining space is separate, functional, and well-proportioned. The property includes three bedrooms — or alternatively two bedrooms and a home office — all with generous built-in wardrobes and good natural ventilation. The apartment features one bathroom, two comfortable verandas of 9 sqm and 21 sqm, double-glazed aluminum windows, oak flooring in the main living areas, a security entrance door, autonomous natural gas heating, and an independent gas fireplace. Originally built in 1984 and renovated in 2004, the property has been lightly used since, maintaining its overall condition. Within the same building, there is an additional semi-basement space of 45,36 sqm, part of a larger unit, which requires full renovation and legal separation. Once completed, it can function either as an independent rental unit or as a supporting space to the main residence. A key advantage of the property is the additional building right of 50 sqm on the third floor which requires legal separation, offering clear future development potential and adding long-term value in a central Athenian location. The building does not include an elevator or parking, a factor already reflected in the pricing, creating a more accessible entry point for a property of this size, position, and upside. This is not just an apartment purchase. It is a combined residential and investment opportunity, offering immediate usability with a defined path for future expansion in one of Athens’ most stable areas. PROPERTY ID: A4-12803. Ktimatoemporiki Real Estate, contact phone: 2150000250, 2821056600, email: [email protected], website: http://ktimatoemporiki.gr

3 bedroom apartment

Athens, Attica, Greece