Fedriadon 119, starting from €550,000
Fedriadon 119, Athens, Greece
Expected occupancy date: May 2025

Project developer:
Oculus Estate
1 buildings
1 floors
5 apartments
About the project
Income-Generating Property – 5 Fully Renovated Rented Residential Units Located in a central position in the authentic and vibrant Kipseli neighborhood, an income-generating property is offered for sale, with a total size of approximately 240 sqm, divided into 5 independent residential units. All units have undergone a thorough, high-standard renovation – including new systems, modern kitchens, designer bathrooms, and quality flooring. The entire property is fully rented and generates a steady and consistent yield, with continuous high demand from both local and foreign tenants. The property is sold as a single unit – an excellent opportunity for a stable investment in a developing area with growth potential. Property Features: Total area: approx. 240 sqm 5 independent residential units Full and high-quality renovation Fully rented and generating a steady yield Sold as one package deal Why Kipseli? Kipseli is one of Athens' most colorful and regenerating neighborhoods, with a young population of students, artists, and young families. The area benefits from excellent accessibility to the city center, proximity to universities and public transportation, and a consistent increase in housing demand – making it a smart and worthwhile investment destination.
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Apartment types
1 rooms
35 sqm
1 rooms
50 sqm
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About the developer: Oculus Estate
The Greek real estate market is very attractive and presents many opportunities for foreign investors, from small apartments in Athens to buildings and commercial opportunities in various locations, and even a house on an island beach or student housing near a university. Oculus management includes a local Greek real estate expert and a foreign real estate investor, who have teamed up to address the challenges and leverage the opportunities and potential that the Greek property market offers. The main goal of Oculus is to meet the investor's desires and support the process from start to finish, with a complete solution.
Steps on the way to the property
Research and focus the area
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Choose a lawyer and representative
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Coordinate with the lawyer to open a tax account for purchase
Purchase the property
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Project developer:
Oculus Estate
Your details will be shared with Oculus Estate so they can contact you about this project.
Project developer:
Oculus Estate
Project location
Fedriadon 119, Athens, Greece
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Local agents share about the neighborhood
Who lives in the neighborhood?
Young locals, Immigrants, Students, Tourists
What can an investor find in the neighborhood?
Long-term rental, Short-term rental, Multiple properties with flip potential
Sense of security
Cleanliness and maintenance
How easy to find a tenant?
How easy to sell a property?
Who lives in the neighborhood?
Young locals, Local families, Students
What can an investor find in the neighborhood?
Long-term rental
Sense of security
Cleanliness and maintenance
How easy to find a tenant?
How easy to sell a property?
Neighborhood insights
The neighborhood has a metro station, Kypseli, as part of line The Orange Line.
Key metrics
New price per sqm
€3,247
Used price per sqm
€1,902
Monthly rent
€697
Gross yield
5.73%
is a neighborhood in אתונה and the surrounding area with an area of 2.3 sq km. Currently, most listings in the area are 65-89 sqm, but there are other sizes available. Average used price per sqm is about €1,902 with a gross yield of 6% Learn more about the neighborhood
Price list for neighborhood
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
€2,386
€14
40-64
€2,007
€10
65-89
€1,960
€8
90-119
€1,772
€7
120+
€1,751
€7
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.