1-bedroom flat to be refurbished, first floor, Ano Kipseli - Evelpidon, Kipseli

Available as an investment, this property is an underground two-room studio of 40 sq.m. in a building constructed in 1973 in Kypseli. The apartment, although in need of significant renovation, is rented with a yield of 7.2% annually, with an active contract until 2/2027. A special feature of the apartment is that it has access to a courtyard, which due to the difference in height conveys a terrace feeling. Location: Kypseli is one of the oldest neighborhoods of the city and one of the most interesting places to live in Athens. It is bordered to the west by Patission Street, to the south by Pedion Areos, to the east by Attiko Alsos (Turkovounia) and to the north by the municipality of Galatsi. Particular characteristics: The main attraction of Kypseli is the pedestrian street of Fokionos Negri. It consists of a large green strip in the centre, with trees, benches, fountains and statues, surrounded by cafes on both sides, restaurants and shops. A typical example of Athenian modernism in Fokionos Negri is the Municipal Market, which was renovated by the Municipality of Athens in 2016. Agios Georgios Square is the new popular spot of the city. An area that is a small neighborhood in itself. An architectural observation of the square is the buildings that surround it, thanks to their curvilinear appearance. Prominent in the life of the residents are the Pedion Areos, one of the largest public parks in Athens, the hill of Elikonas which includes sports facilities and the Attico Alsos in Ano Kypseli. In addition, the area is home to many small theatres and some artists' studios, giving the area a bohemian feel. Accessibility: Victoria metro station is within walking distance. Investment opportunities: This area is located in the centre of Athens, in the 6th Municipal District of the Municipality of Athens , an area that has always enjoyed a lot of interest from buyers. This is an area that has always been a very interesting area of interest to the investors.