Proposed visualisation — wide view of the living room and kitchen
Proposed Renovation Visualisation

5th Floor Apartment InvestmentKato Patissia, Athens

Renovation opportunity with approximately 60 sq.m. of interior space and approximately 30 sq.m. of balconies.

Purchase €110,000 · Total Investment €150,000 · Estimated Value After Renovation €180,000

A compact apartment with uncommon outdoor space and clear value-creation potential.

5th Floor

Elevated position

≈ 60 sq.m.

Interior space

≈ 30 sq.m.

Balconies / outdoor areas

Kato Patissia

Very close to the station

Open Views

Elevated outlook

Full Renovation

Planned transformation

Current Condition

The apartment is currently in its pre-renovation condition and offers significant potential for redesign and value creation.

Filmed on site — the apartment as it stands today

Proposed Renovation

The proposed renovation transforms the property into a contemporary residential apartment with an open and functional layout, modern finishes and improved use of the interior and outdoor areas.

Drag to compare

Left: current condition photograph. Right: proposed renovation visualisation.

Proposed visualisation — living room towards the kitchen and balcony
Current condition — photo 6
↔
Current ConditionProposed Visualisation

Transformation of the Layout

The proposed redesign focuses on better circulation, improved use of space and the creation of a modern residential layout.

Before
After — Proposed Visualisation

Clear numbers. Embedded value.

Total Estimated Investment

€150,000

Estimated Post-Renovation Market Value

€180,000

Estimated Value Creation

€30,000

€110,000

Purchase

+

€40,000

Renovation

=

€150,000

Total Investment

→

€180,000

Est. Market Value

Potential Value Creation: €30,000

20% uplift on total invested capital

Purchase Price

€110,000

Estimated Renovation

€40,000

Estimated Long-Term Rent

€700 / month

Estimated Annual Gross Rental Income

€8,400

Gross Yield on Purchase Price

7.64%

Gross Yield on Total Investment

5.60%

Estimated Return via Value Creation

20%

All figures are estimates and are provided for investment evaluation purposes only. Final renovation costs, rental income, market value, taxes and transaction expenses may vary.

Two paths to return

Hold

Long-Term Rental Strategy

  • €700 estimated monthly rent
  • €8,400 estimated annual gross income
  • 5.6% estimated gross yield on total investment
  • Potential future capital appreciation

Value Creation

Purchase + Renovation Strategy

  • €150,000 estimated total capital
  • €180,000 estimated post-renovation market value
  • €30,000 estimated embedded equity
  • 20% estimated uplift on invested capital

Kato Patissia, Athens

The property is located very close to Kato Patissia station, providing direct access to the Athens public transport network and easy connection with the city centre.

Address

Ag. Paraskevis 106, Kato Patissia, Athens 111 44

  • Excellent public transport access
  • Easy access to central Athens
  • Residential neighbourhood
  • Strong long-term rental potential

The complete picture

Interested in this Investment Opportunity?

Request additional information, renovation details or arrange a property viewing.