Greece

This exceptional property in the heart of Plaka combines historic Athenian charm with modern investment potential, offering a rare opportunity in one of the city’s most iconic and high-demand locations. Fully renovated and thoughtfully designed, the 98 sq.m residence is divided into two independent 50 sq.m apartments, blending functionality with refined urban living.

Positioned on the 1st floor of a prime corner building, the property enjoys abundant natural light and direct access to the vibrant atmosphere of Athens’ historic center. Each apartment is fully self-contained, featuring its own bedroom, bathroom, and living space, making the property highly versatile for both personal use and rental exploitation.

This unique setup can be compared to a dual-residence concept within one property, offering flexibility and privacy while maximizing usability. The interiors are fully renovated and equipped, creating a turnkey solution ready for immediate operation.

Currently functioning as a high-performing short-term rental, the property holds an active registration (AMA) and demonstrates strong occupancy and consistent revenue. Its location in Plaka—an area known for its limited supply and constant demand—ensures stable performance and long-term value.

Combining prime location, proven income, and a fully operational setup, this corner property presents an ideal balance between lifestyle and investment, with an estimated gross yield of 5%–6% under current short-term rental use.

Plaka is the oldest and most picturesque neighborhood of Athens, located at the foothills of the Acropolis, in the very heart of the historic center. Often referred to as the “neighborhood of the gods,” it is surrounded by iconic landmarks, archaeological sites, and neoclassical architecture that reflect the city’s rich cultural heritage.

With its charming narrow streets, traditional houses, and vibrant atmosphere, Plaka offers a unique blend of history and everyday city life. The area is filled with cafés, restaurants, boutiques, and artisan shops, creating a lively yet authentic environment that attracts visitors from all over the world throughout the year.

Its central location allows immediate access to major monuments, museums, and key points of interest, while remaining well connected to the rest of the city. Despite its popularity, Plaka has preserved its character and timeless beauty, maintaining a sense of authenticity rarely found in capital cities.

Combining historical significance, constant demand, and a unique ambiance, Plaka stands out as one of the most desirable and prestigious areas in Athens, ideal for both living and investment.