Athens, Attica, Greece

A rare **1920 neoclassical two-storey building** for sale in the heart of Athens, located in the **Neapoli-Gyzi** area, close to **Pedion tou Areos** and directly opposite **Finopoulou Hill**, in a quiet residential street. The property is ideally positioned just **1 minute from the new metro station currently under construction (expected delivery 2028)**, significantly enhancing its future value and accessibility.

The building is developed on **two levels** and consists of **two independent residences**, a **basement storage area**, and a **private internal courtyard (atrium)**. The property also has a unique façade facing a small, quiet street, offering both privacy and character.

**Ground Floor Apartment**
The ground floor residence has a total surface of **87.76 sq.m.** and includes an entrance area, **three rooms**, **kitchen**, **W.C.**, and hallway.

**First Floor Apartment**
The first-floor apartment has a total surface of **99.88 sq.m.** and consists of an entrance hall, **two rooms**, **living room**, **dining room**, **kitchen**, **W.C.**, corridor, and a **veranda**.

**Basement Storage**
The **42.59 sq.m. basement** storage space is divided into two sections, with each part corresponding to one of the two apartments.

**Outdoor Areas**
The property includes a **private internal courtyard**, a **small outdoor storage room**, and an **external metal staircase** that leads to the **tiled roof and a small terrace of approximately 10 sq.m.**

**Architectural Character**
Built in **1920**, the building retains many beautiful and authentic **neoclassical architectural features**, including original floor tiles, decorative doors, ornate window and door frames, and detailed plaster ceilings. Large openings allow **abundant natural light**, while the **high ceilings and decorative elements** create a sense of grandeur and timeless elegance.

The property has a **shared main entrance from Konstantinou Schina Street**, leading both to the ground floor residence and to the first-floor apartment through a **wide and elegant internal staircase with marble and metal elements**.

The building is currently at the **final stage of issuing its Electronic Building Identity**.

Although it is **not officially listed as a preserved building**, it is **very likely to be designated as such in the future** due to its architectural character.

**Development Potential**
The property offers the possibility to **add approximately 250 sq.m. of additional space**, potentially allowing the construction of **3-4 additional floors**, subject to approval by the relevant authorities (e.g. Architectural Council).

**Financial Information**
The annual **ENFIA property tax is approximately ?1,500**, which may be **eliminated if the building is officially designated as preserved**, as its objective value is below ?400,000.

**Investment Potential**
This property represents an excellent opportunity for **families or investors** looking to renovate and restore a historic Athenian building. It offers strong potential for **short-term rentals such as Airbnb** (as it is located at the boundary of areas where such rentals are still permitted), as well as **long-term residential or professional leasing**.

Although the **ground floor and first-floor apartments are separate ownerships**, the property is **offered for sale as a single building**. However, if there is interest in purchasing **one of the two apartments individually**, this can be discussed.