Metaxourgeio, Athens — High-Yield Investment Opportunity

Total area: 430 m² (280 m² + 150 m²)

Condition: Requires renovation

Type: Commercial,Open-Space

Suitable for: Golden Visa, commercial use, aparthotel, conversion into apartments

Property Description

A 430 m² investment property in the center of Athens, consisting of two large open-space levels. The flexible layout allows for maintaining commercial use or converting the spaces into compact apartments — currently one of the most in-demand formats for rentals in central Athens.

Areas and Potential

1ST Floor — 280 m²

 Large open-space without partitions

 Potential to create 6–8 studios, micro-apartments

 Suitable for:
 showroom
 offices
 coworking
 creative/photography studio

2nd Floor — 150 m²

Bright open-space with flexible planning possibilities

 Can be divided into 3–4 apartments

Ideal for:
office center
small aparthotel
long- or short-term rental units

Condition

The property requires renovation, offering an investor the opportunity to implement a complete project tailored to their strategy:

Apartments for short- or long-term rentals

Modern office spaces

Mini-hotel ,aparthotel

 Renovation and resale

About the Area — Metaxourgeio

Metaxourgeio is a district undergoing significant urban renewal, where historical buildings blend with new residential developments, boutique hotels, and ongoing renovations.
Thanks to its central location, proximity to the metro, and more accessible prices compared to neighboring areas, it attracts both investors and tenants.

Key advantages of the area:

high rental demand

growing interest from students, young professionals, and tourists

strong potential for property value appreciation

Location

7 minutes on foot to Metaxourgeio metro station

10 minutes to Omonia Square

 Nearby: shops, cafés, restaurants, cultural venues

Convenient access to all major points in central Athens

Investment Advantages

Fully eligible for the Golden Visa program

Possibility to create 25–30–40 m² apartments — the most in-demand size category

Strong and stable rental demand

Central Athens — an area with consistent price growth

Excellent property for an investor aiming for renovation and high yield