The building depicted on this week’s MI4 Real Estate ‘Days of Future Past’ Blog Series was originally built to serve as the royal residence. Hence, it is often still being referred to as ‘the Old Royal Palace’ by locals. Completed in 1843, it was originally the first royal palace of the modern Hellenic state and has served as the house of the Hellenic Parliament since 1934. The historical picture was reportedly taken in 1900, and depicts refurbishment works performed at the front of the building in 1900.
The ‘Old Royal Palace’ or Hellenic Parliament, whichever term is more to your liking, is still one of the most impressive Athenian landmarks, holding great cultural, historical and architectural significance.
Initial suggestions for its building location included the area now known as ‘Omonia Square’, the neighbourhood of ‘Kerameikos’, and even on top of the Acropolis of Athens! The building was finally erected where it still sits today, on central Amalias Street, at the heart of the City of Athens, facing Syntagma Square and the busy shopping district of Ermou Street leading down towards the historically and culturally rich neighbourhoods of ‘Monastiraki’, ‘Psyrri’ and ‘Thiseion’, while bordering with the city’s uniquely beautiful National Gardens.
Read more about the history and significance of this historical building on our blog (link in bio). The areas surrounding the ‘Old Royal Palace’ have seen a tremendous rise in property investor interest, and value in recent months. Asking prices are however still competitive.
Contact us now @mi4realestate, whether you would like to make a solid investment in one of the most beautiful holiday destinations in the world, or you are seeking to secure a Greek/EU residency status through the Greek Golden Visa program by investing a minimum of 250,000€ on property (or properties) anywhere in Greece.