Small three-level building in Art Deco style. The second floor has a second level with living rooms and a large open rooftop terrace. An exquisite grand staircase with curved railings and stained-glass windows became the main decoration of the entrance.
The building is under full renovation with the replacement of all communications, roof repairs, redevelopment, preservation and restoration of decorative elements, as well as landscaping of the courtyard and rooftop terrace. The estimated completion date for the renovation is August 2021.
5 old apartments will be converted into 11 new ones. These will be studios, one- and two-bedroom apartments, each with an area of 40 to 120 m². After the reconstruction, all the apartments will be refurbished, new plumbing fixtures and kitchen furniture will be installed. At the request of the investor, we can furnish and decorate the apartment. The amount of additional payment will be about 5–10 thousand euros, depending on the area.
Please, contact our manager and ask about the availability of apartments.
We can help you get a Golden Visa (permit without tax residence) when buying a property worth €250,000 or more.
The local Tranio team will help you rent the apartment and organize the management of the property.
Estimated rental yield is 4–5% per annum, depending on the apartment.
- transfer tax — 3.09%
- notary — 1.5% + VAT
- lawyer — 1.5% + VAT
- state fee — 0.7%
Location and nearby infrastructure
The house is located in the Kypseli district, on a cozy green Tinou street. In the 60s Kypseli had the status of an elite district for the upper class. Today it is a multicultural area of Athens with many shops, cafes and everything you need to live.
Victoria metro station and other public transport stops are within a 7-minute walk from the house. One of the main avenues of Athens is located in the immediate vicinity.