Store for sale Chrisaki (Kallithea), € 100,000, 66 m²

Kallithea – Filaretou Hill | 66 sq.m. Investment Property with Conversion Study to Residential Use

An excellent investment property of 66 sq.m. total surface area, situated on a 473 sq.m. plot, is available for sale in a prime location at Filaretou Hill, in the heart of Kallithea. This is a ground-floor, two-level commercial property with a 7-meter frontage, currently under study for change of use from commercial premises to a modern residence, offering strong potential for both owner-occupation and investment exploitation.

The property features a rectangular layout and consists of a 44 sq.m. ground floor (ceiling height: 2.50 m) with two separate areas and a WC, as well as a 22 sq.m. mezzanine level (ceiling height: 2.30 m) serving as auxiliary space, connected internally via staircase. The front section previously operated as a jewelry store, while the rear section functioned as a goldsmith workshop, with the mezzanine used as storage and workspace. The mezzanine includes 22 sq.m. of reinforced concrete construction and an additional 22 sq.m. metal structure, which can be removed, allowing flexibility for redesign.

The proposed conversion study envisions the creation of a modern, functional residence featuring two bedrooms, a bathroom, a WC, and an open-plan living room, kitchen, and dining area with breakfast bar. The renovation plan includes triple-glazed thermal insulation frames, complete replacement of electrical and plumbing systems, a new kitchen and sanitary ware, granite flooring, security door, alarm system, awnings, and autonomous cooling/heating through air conditioning and heat pump installation.

The property is currently semi-finished and requires renovation. Existing features include aluminum window frames, air conditioning, and mosaic flooring. A key advantage is its independent entrance outside the apartment building and zero shared building expenses, with only minimal participation in central heating pipeline maintenance and external communal costs, without charges for elevator or internal common-area maintenance.

Legally and urbanistically fully compliant, with the possibility of residential conversion according to the building regulations, this property represents an ideal opportunity for private residence development, long-term or short-term rental investment, professional use, or food and beverage business operation (KYE).

Ideally located just 5 minutes from Eleftheriou Venizelou Avenue (Thiseos) and public transportation, and only 15 minutes from Stavros Niarchos Foundation Cultural Center, the property is positioned within a vibrant commercial district offering immediate access to all urban amenities and infrastructure.