Property Code: 7-727. Sometimes the most interesting room of a home does not have four walls.
It has sky. In Koukaki, within walking distance of the Syngrou–Fix METRO station, the National Museum of Contemporary Art and the routes towards the Acropolis, a small 29 sq.m. roof apartment is accompanied by something far larger: an impressive terrace of more than 50 sq.m. that shifts the real interest of the residence outside its four walls. It is a property for someone who looks beyond its present image.
Who recognises the possibilities of a rooftop space in the centre of Athens and can imagine how a carefully considered renovation will bring out what it already possesses.
On the 6th and top floor of a very well-maintained 1970 building, the residence opens onto a large outdoor surface, with open horizon and the sense of freedom that a high point within the urban fabric provides. The terrace has an awning and sufficient space to organise different uses: an outdoor dining area, a lounge for afternoon relaxation, a corner with planting, or a work space under shade.
With the appropriate study and the required approvals, the upgrading of the shading with a tent-pergola system and the overall configuration of the outdoor space can be examined.
Here lies the element that makes the residence different: the outdoor space is not a small addition to the apartment. It is the protagonist.
The furnished studio consists of a single living and sleeping space, kitchen and bathroom with shower and polished-concrete cladding.
The partial renovation was carried out in 2017.
Today the kitchen, the wardrobe and certain points of the bathroom lend themselves to new intervention, so that the interior can acquire a more contemporary, coherent aesthetic. Floors combine laminate and tiles.
The windows are synthetic PVC with double glazing and manual shutters, with the possibility of examining future motorisation.
There are a security entrance door, air conditioning and an electric water heater in the loft.
The building has functional central natural gas heating, while the installation of a solar water heater can also be examined.
The lift reaches the 5th floor and the ascent to the 6th-floor roof is by stairs.
This is a residence addressed to a buyer who accepts this condition in exchange for the privacy and the large outdoor space of the top floor.
The building is particularly well cared for, with cooperation among the owners for maintenance and common expenses.
Monthly common expenses amount to approximately €18.
Koukaki has its own balance between neighbourhood and the international character of Athens.
On the one hand, everyday cafés, small restaurants, bakeries and streets with steady local life.
On the other, the National Museum of Contemporary Art, Syngrou–Fix, the pedestrian street of Dionysiou Areopagitou, the Acropolis Museum and the cultural routes of the historic centre.
The location of the property allows the resident or visitor to discover a large part of the city on foot, while proximity to the METRO and the tram enhances daily accessibility.
At a price of €170,000, the property constitutes a proposal of small internal surface whose commercial differentiation rests mainly on the particularly large terrace and the location For the investor there is more than one path of exploitation.
01 | RENOVATE & HOLD: A targeted renovation of the kitchen, storage solutions and bathroom, together with the upgrading of the terrace, can create a more complete residential product of high rental value.
02 | FURNISHED URBAN RENTAL: The small internal size, the furniture, access to transport and the outdoor space can address workers, longer-stay visitors or residents seeking a small base in the centre with an unusually large terrace.
03 | HOSPITALITY POTENTIAL
The location close to the Acropolis and the METRO creates interest for tourist exploitation.
04 | REPOSITION & RESELL: For a buyer with an architectural approach, the property offers the possibility of repositioning on the market as an upgraded rooftop studio.
It is not the largest apartment in Koukaki.
It is not a brand-new residence without need of intervention.
It is, however, a roof apartment with a ratio of internal to outdoor space that is difficult to overlook. For someone who wants to design their own small Athenian residence.
For someone seeking a distinctive pied-à-terre close to the Acropolis.
And for the investor who understands that certain properties acquire their identity not only from what already exists, but also from what can be created through PANTOU REALTORS.
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