1 bedroom apartment 83 m² Municipality of Palaio Faliro, Greece

For sale old construction apartment of 83 sq.meters in Athens. The apartment is situated on the 1st floor. It consists of one bedroom, living room, one dining room, one bathroom. Flat has front layout. A view of the city opens up from the windows. There are: heating. We present to your attention a unique opportunity to acquire an apartment of 83 sq.m., located on the second floor in the prestigious area of Paleo Faliro - Center, South Athens, Attica. The property is a bank-owned asset and offers significant potential for renovation and subsequent value appreciation.This apartment, built in 1969, is ideal for investors or individuals looking to create a modern and personalized living space in one of Athens' most sought-after coastal areas.Key Features:Type: ApartmentArea: 83 sq.m.Location: Paleo Faliro - Center (Paleo Faliro) | Athens - South (Attica)Floor: 2nd floorLayout: 2 rooms (including 1 bedroom, living room, and separate dining room)Bathrooms: 1Year Built: 1969Heating Type: DieselCondition: Requires major renovationDistance from Sea: 750 mDistance to Airport: 29 kmFeatures and Advantages:Functional Layout: The apartment includes one bedroom, a spacious living room, a separate dining room, and one bathroom, offering a classic layout for comfortable living.View: The windows offer a pleasant city view, adding to the coziness.Renovation Potential: The "needs renovation" status of the property is an advantage for those seeking a complete overhaul and adaptation of the space to their individual needs and tastes. This will significantly increase the market value of the property after completion of the works.Proximity to the Sea: Its location just 750 meters from the coastline makes this apartment particularly attractive for lovers of sea walks and beach recreation.Area: Paleo Faliro is a developed and popular area, offering advanced infrastructure, convenient transport links, and a high quality of life.Bank Property: This status of the property may offer certain advantages upon purchase; however, transaction terms may vary.Important Information:Please note that the property is bank-owned.Agency fees may differ from standard rates.Before viewing the property, we highly recommend clarifying all details with our managers.This apartment represents a unique investment opportunity for those willing to invest in renovation and create an ideal home in one of the most prestigious areas of South Athens.