Overview

It is situated approximately a 3-minute walk from Forkionos Negri Avenue and Agiou Georgiou Square.
Forkionos Negri Avenue is considered one of Athens’ liveliest streets, featuring bars, restaurants, shops, and cafes. Agiou Georgiou Square is regarded as a boutique square, with restaurants, bars, and cafes. In the evenings, long queues can often be seen at the entrances to popular spots.

Why the project is so attractive?

The building is located in one of Athens’ most central locations, with high demand for both long-term and short-term rentals. Buyers will have the option to benefit from either long-term rental income or short-term rental income. The value of the building increased by over 30% in the first year after its purchase.
In three years, a metro station is set to be established in the Kypseli neighborhood, significantly increasing property values in the area and boosting rental income. Kypseli is a historic neighborhood in Athens known for its unique character and cultural significance.

A little bit about the Kypseli neighborhood

Kypseli is situated in the heart of the city and boasts a rich history dating back to the late 19th century when it was developed as a prestigious residential area for Athens’ elite. Over the years, the neighborhood has undergone significant transformations and today represents a vibrant, diverse community that reflects the changing face of Athens.
One of Kypseli’s most notable landmarks is Forkionos Negri Square, a hub for local life and social gatherings. Known simply as Negri Square, it holds distinctive charm and historical importance. The square is named after the Negri family, who played a prominent role in the area’s development in the early 20th century.
The square is surrounded by a blend of neo-classical and modernist buildings, giving it a unique architectural character. Along the square, one can find cafes, shops, and restaurants, making it a popular spot for locals and visitors alike.
Kypseli is particularly known for its strong sense of community and the close connections among its residents. Its diverse population includes young professionals, artists, and families, contributing to its lively atmosphere. The neighborhood also hosts various cultural events and festivals throughout the year, adding to its dynamic character.
Despite the changes it has experienced over the years, Kypseli has managed to retain its distinct identity and is considered a hidden gem in Athens. The area offers a glimpse into the city’s history and provides a contrast to the bustling tourist areas, making it an excellent place to explore for those seeking an authentic Athenian experience. Some even compare Kypseli to the Florentin neighborhood in Tel Aviv.

Property Highlights

Local Highlights

Why Athens?

• The capital of Greece
• Financial, cultural and industrial center of Greece
• Non-stop tourism over 7.5 million tourists a year
• Athens has about 4.5 million inhabitants
• Real estate prices are lower than prices in other European capitals
• High returns on assets
• Taxation benefits

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