Historic Building for Sale in Exarchia, Athens

Historic Building for Sale in Exarchia, Athens. An exceptional opportunity to acquire a historic property in Neapoli, Exarchia, one of central Athens' most distinctive urban neighbourhoods. Dating back to 1930, this three-sided building combines architectural character, substantial renovation potential and the opportunity to create a contemporary property while preserving its historic exterior.

Occupying a 271.69 sq.m. plot, the building currently offers 538.66 sq.m. across three levels: ground floor, first floor and second floor. Its three-sided configuration and garden add to the property's appeal, providing distinctive features for a future redevelopment project.

The building requires complete renovation and is currently without a roof, presenting an opportunity for a comprehensive transformation. While the exterior is subject to heritage preservation restrictions, the interior layout can be reconfigured to accommodate the requirements of a new owner, subject to the relevant approvals.

A significant advantage is the existing building permit, originally issued in 2007, which remains valid and may be revised to suit the purchaser's plans. The proposed development potential includes an additional third floor of approximately 107.11 sq.m. and two basement levels of approximately 182.51 sq.m. each.

These possibilities could increase the total above-ground area to approximately 645.77 sq.m., with a potential overall building area of 1,070.79 sq.m., including the proposed basements. All additional construction and modifications remain subject to applicable planning regulations, heritage restrictions and the necessary permit revisions.

Situated in Neapoli, within the wider Exarchia district, the property occupies a central Athens location known for its historic buildings, cultural character and established urban environment. Its position makes it an interesting proposition for investors exploring the restoration and adaptive reuse of historic real estate in Athens.

Combining a 1930 architectural identity, flexible interior configuration and significant potential additional floor area, this building for sale in Neapoli, Exarchia, presents an opportunity for investors seeking a substantial renovation and redevelopment project in central Athens.

Historic Building for Sale in Exarchia, Athens. Location Information:

Exarcheia is one of the most authentic and liveliest areas in the center of Athens located between Omonia and Panepistimiou Ave.

The small neighborhood consists of cozy cafes and traditional Greek taverns serving delicious meals.

Small restaurants, known as mezedopolia with live Greek music are hidden in the narrow streets of Exarheia but they are the best places to enjoy the folklore music of Athens.

Underground bars and nightclubs for all music tastes can be discovered here. During the 1960s-1970s, Exarheia used to be the cultural center of the town, where most of the Greek artists, poets, and writers lived.

Today, it is known as a fashionable, easy-going place attracting mostly young people.