Psychiko - Filothei, Athens · Ref AB-1627
€ 1,000,000
€ 2,703 per m²
Type
Building
Living space
370 sq.m.
On Ktimatoemporiki
37 days
Reference
AB-1627
Ground Floor
220m²
1st Floor
150m²
Outdoor Space
100m²
Building for sale in Filothei. m. independent, two-storey commercial building, positioned on the prestigious Kapodistriou Avenue, one of the most central and high-visibility points of the area. A property that has operated successfully for 25 years as a luxury restaurant, it now stands ready to accommodate any commercial use — from a flagship retail concept or a high-end clinic, to a boutique corporate headquarters or a premium F&B destination.
It is freehold, fully independent, and offers rare autonomy in one of the most sought-after districts of Athens. , thoughtfully arranged to support seamless customer flow and business functionality. ) offers a generous, open layout suitable for reception areas, main dining halls, retail displays, showrooms, or elegant office arrangements. Large openings enhance natural light and street visibility, creating a welcoming and high-impact environment.
) is ideal for private offices, VIP dining sections, meeting rooms, or additional retail levels. Its flexible configuration allows a business to adapt the space to its operational concept with ease. m. of outdoor and courtyard areas.
These are perfectly suited for outdoor dining extensions, reception zones, corporate events, or functional parking/utility use. Such exterior spaces significantly elevate the property’s versatility and are especially valuable for hospitality-driven or client-facing businesses. With a striking façade directly on Kapodistriou Avenue, the property enjoys continuous visibility and premium brand exposure. The location guarantees steady foot and vehicle traffic, easy client access, and strong long-term value — a powerful combination for any business seeking prestige and reach.
The property is currently leased for €4,500/month, offering immediate rental income. This makes it an attractive acquisition not only for business use but also for investors looking for stable yield and future capital appreciation in Filothei’s high-demand commercial market. Independent commercial buildings of this size, visibility, and autonomy are extremely hard to find in Filothei. This asset represents a flagship opportunity for any brand or investor seeking a strategic, high-status position in one of Athens’ most elegant and commercially strong districts.
Building for sale in Filothei. Location Information: Located in one of the primest parts of Filothei offering awesome views, clean air, security and direct access to the main road networks connecting Filothei with southern and northern Athens, close to the Alsos of Michali Poulaki and numerous others parks, that are full of green. The residences are very close to the Olympic Stadium, where the Olympic Games took place in August 2004. Filothei is one of the most developing and privileged residential areas of Athens close to the business axis of Kifissias Avenue.
The complex has easy access to any region of Athens through main avenues and the dense transportation network (Kifissias Ave, Attica Road, Kimis Ave, Metro, etc). A park of the Ministry of Agriculture, many sport facilities, a theatre, a church, schools, three hospitals, many trade centres, banks, famous brand shops, restaurants, cafes and Village Centre Cinemas are located in the vicinity of the complex. Filothei is an area characterised by scant housing areas, leaving much space between them, thus offering less “congested” buildings with large gardens. Filothei is a strictly residential area and is considered to be one of the most privileged areas in Athens, as it is a relatively small district located near the centre of Athens, without having congested roads.
Filothei as with the adjacent Palaio Psychiko is the synonym of elegance offering advanced living standards to its residents. It is located on the southern part of the northern suburbs of Athens, in an area surrounded by ‘green’, often referred to as a ‘green oasis’ in the heart of Athens. There is a big probability that one will come across people living near-by walking around or cycling in the special cyclists’ paths.
Insights
€ 2,703 vs € 4,809/m² area average · 5725 listings
≈ € 36,650/mo · from 242 rentals in Athens
Estimated monthly payment
—
Price € 1,000,000 ·
Indicative only — not a financing offer.
Approximate area shown for privacy.
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