Neo Psychiko | Rare 550 sq.m. Detached House with Great Potential

Description

Neo Psychiko – Rare 550 sq.m. detached house on a 406 sq.m. plot, near Kifisias Avenue and the "Faros" area

Located in Neo Psychiko—one of the most prestigious and upscale areas of the northern suburbs—and just minutes away from Kifisias Avenue, the "Faros" area, and the Pentagon, this exceptional property is available for sale. It comprises a total main living area of ​​520 sq.m.  plus 30 sq.m. of auxiliary spaces, situated on a 406 sq.m. plot.
This is a substantial urban residence spanning multiple levels; it offers rare spatial dimensions, versatile layout possibilities, and significant potential for development.
It represents an excellent choice for a private buyer seeking an imposing home or for an investor looking to create a high-end project.

The main residence includes:

A 156 sq.m. ground floor featuring a spacious entrance hall, a large open-plan living and sitting area with access to terraces, a separate dining room, an independent kitchen, and a WC. 
First floor (158 sq.m.) featuring four bedrooms: two served by a shared bathroom, one with an en-suite bathroom, and one with a private WC.
Mezzanine (23.45 sq.m.) comprising a bedroom and a WC.
Second floor (172 sq.m.) featuring a dining area, a spacious living room with verandas, a separate kitchen, a WC, and a bedroom with an en-suite bathroom.
Rooftop structure (11 sq.m.) with a small storage room and a WC.
Basement (30 sq.m.) featuring a stairwell, storage space, and a boiler room.

The property features an elevator; originally built in 1955, it underwent renovation in 2005. It currently requires repairs and upgrades, offering the new owner the opportunity to redesign and configure the spaces to meet modern standards and align with their personal vision.
Its location—situated among high-end residences and in close proximity to major thoroughfares—lends the property significant added value and an enduring character.
A rare, spacious property in Neo Psychiko with a striking architectural presence and great potential for upgrading and development; an ideal choice for those seeking something truly distinctive in the northern suburbs.
Note: The photos depict the condition the property could be in after renovation.