Excellent real estate investment opportunity

Description

Lykovrysi – Agia Varvara | Exclusive Listing
Located in one of the quietest and most sought-after neighborhoods of Lykovrysi, this 83 sq.m. detached ground-floor house sits on a 308 sq.m. plot, offering an excellent opportunity for both owner-occupiers and investors. The residence features one spacious bedroom, with the potential to create a second bedroom, a comfortable living and dining area, a separate kitchen, and one bathroom.
The property was renovated in 2010, including new plumbing installations, a fully renovated kitchen and bathroom, modern tiled flooring, and aluminum window frames with double glazing, providing enhanced comfort, energy efficiency, and functionality.
The generous garden offers outstanding landscaping potential, allowing for the creation of a beautiful outdoor living and leisure area. A fireplace and a built-in BBQ further enhance the property's appeal, making it ideal for comfortable year-round living and entertaining.
The property enjoys a privileged location overlooking a neighborhood square and is within walking distance of the local market, schools, and all essential daily amenities.
It is conveniently located just 1 km from Saint Catherine's British School, approximately 2 km from Kifisia ISAP (Green Line) Railway Station, and 22 km from Athens International Airport, providing excellent access to key transport links and major road networks.
Investment Potential
The plot has a Floor Area Ratio (FAR) of 0.80 and a building coverage ratio of 40%, allowing for the development of up to 224 sq.m. of primary living space, offering significant redevelopment potential and strong future capital appreciation.
Key Features
-Ground-floor detached house83 sq.m. interior
-308 sq.m. plot
-1 bedroom (with the possibility of creating a second)
-Spacious living and dining area
-Separate kitchen
-1 bathroom
-Renovated in 2010
-Fireplace
-Large private garden
-Built-in BBQ
-Aluminum double-glazed windows

Price: €230,000

A property that combines the comfort and privacy of a detached home with the security of an established residential neighborhood, while offering excellent long-term development potential. 

HRS Checked Property
Properties bearing the HRS Checked designation have undergone a preliminary legal and urban planning review by Hellenic Realtor Service.
As part of this process, the available legal and planning documentation is reviewed, including building permits, any legalized building modifications, horizontal or vertical property ownership deeds, title deeds, and any other available documentation that contributes to assessing the property's transferability.
Our goal is to provide prospective buyers with greater transparency, confidence, and a smoother transaction process by significantly reducing the time and uncertainty typically associated with a property's due diligence.
The HRS Checked designation does not replace the independent legal or technical due diligence carried out by the buyer's own advisors before the completion of the transaction.

Filippos Peripanos