Property Code: 7-735. Welcome to a property whose renovation was completed in June 2026.
So the next step is simply to collect the keys. In a market where a large proportion of apartments in Koukaki still carry, along with the purchase price, the cost of the next renovation, here the work has already been done.
68 sq.m., first floor of a five-storey 1968 building with a lift and 23 apartments in total.
A home that was renewed so that it functions as a contemporary residence and not merely photographs as “renovated”.
The layout is designed for real living: living room, two proper bedrooms with built-in sliding illuminated wardrobes, kitchen, bathroom, balconies and a loft. Wood and tiles alternate on the floors, while the renovation has brought the property to an upgraded energy class — a substantial advantage for a residence in a 1960s building. The kitchen was equipped with a Bosch oven and hob and a Midea dishwasher. In the bathroom a glass shower enclosure with rainfall shower head, wall-hung WC and Geberit concealed cistern were chosen, while thermally broken windows with double energy-efficient glazing, insect screens, awnings, a security entrance door and intercom have been installed. For cooling and supplementary heating there are three Midea Inverter Plus air-conditioning units — one in the living room and one in each bedroom.
The building has central oil heating, while there is also the possibility of connection to natural gas via an autonomous boiler.
And now the numbers that make this particular property interesting.
In July 2026 the average asking price in Paediki Chara stands at approximately €3,682 per sq.m., in Koukaki–Makrygianni overall at €3,894 per sq.m., while in Makrygianni it reaches approximately €4,769 per sq.m.
This property corresponds to €3,600 per sq.m., yet with a complete 2026 renovation, two bedrooms and an upgraded energy class.
That is the trade-off.
Paediki Chara is the more residential side of the neighbourhood: daily shopping, schools, cafés, dining and transport links are easily accessible, while the Acropolis, the Acropolis Museum, Plaka and the historic centre remain within the broader walkable geography of Koukaki. Until the end of the 1970s the location remained essentially a large undeveloped plot. The playground was created in 1978, initially as a single space, while around 2004–2005 it acquired its present layout, with separation of uses and newer equipment.
There is also an investment reading.
With an average asking rent of approximately €14.62 per sq.m. in Paediki Chara, a simple market-average exercise corresponds to roughly €994 per month, i.e. a theoretical gross yield of around 4.6% on the asking price, before taxes, expenses and vacancy periods.
Schedule your viewing today through PANTOU REALTORS.
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