Apartment for Sale in Kypseli, Athens

About this property

Apartment for Sale in Kypseli, Athens. Located on the second floor of a well-established residential building in Kypseli, this one-bedroom apartment represents an attractive opportunity for buyers seeking an income-producing property in one of central Athens’ most densely populated and well-connected residential neighbourhoods. Built in 1967, the apartment is situated on the second floor of a ten-storey residential building and offers a practical single-level layout consisting of a living room, one bedroom, a spacious entrance hall, a separate kitchen and one bathroom. The property is an exterior-facing apartment, with both the balcony and the bedroom window positioned towards the front façade of the building.

The kitchen and bathroom also benefit from windows opening onto the building’s internal lightwell, providing additional natural ventilation. The apartment is currently rented until 15 December 2028, generating a monthly rental income of €350, making it particularly suitable for an investor looking for an existing tenancy and immediate rental income. The building is equipped with three elevators and benefits from low common expenses of approximately €20 per month. Additional features include central natural gas heating, air conditioning, a security door and a private veranda.

The property has a northeast orientation and an Energy Performance Certificate rating of H. Its location adds significantly to its investment appeal. The apartment is positioned on a quiet residential street with excellent public transport connections, including nearby bus and trolley routes. Kypseli Square is within close proximity, where a new Athens Metro station is planned as part of the expansion of the city’s transport network.

The property is also conveniently located near Fokionos Negri, one of Kypseli’s best-known pedestrian streets, as well as Pedion tou Areos, one of the largest green spaces in central Athens. Kypseli has developed into an increasingly attractive area for residential investment due to its central location, strong rental demand, established local market and improving public transport infrastructure. Its proximity to central Athens, universities, commercial districts and everyday amenities makes the neighbourhood particularly relevant for long-term rentals, students and urban residents. This apartment for sale in Kypseli offers an interesting opportunity for investors seeking a centrally located Athens property with an existing rental contract, low monthly building expenses and potential for long-term capital appreciation as the area continues to benefit from infrastructure improvements.

Apartment for Sale in Kypseli, Athens. Location Information: Kypseli is a neighborhood in central Athens, Greece. It occupies much of the 6th municipal department of the City of Athens. When you walk through the streets of Kypseli the first thing you’ll notice is the remarkable mix of architectural styles, from crumbling neoclassical mansions to striking Bauhaus designs with rounded balconies and graphic front doors.

And pretty soon you’ll notice that the neighborhood’s residents match this eclecticism, too. More recently, the city’s artist community has also begun making it their home, attracted by its close proximity to the center. The city’s first-ever artist residency, Snehta, was founded here, and the rotating mixture of international artists put on regular exhibitions in its space at I Drossopoulou 47. The surrounding streets are a mixture of old-world Greek life and modern multiculturalism.

Old men sit playing dominoes outside traditional ouzeries, and restaurants, kebab houses, and bars can all be found nearby.

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