Three-plot development opportunity in Metaxourgeio
€980,000
~727 m² Plot surface
Description
A rare opportunity to acquire three adjoining plots totaling 726.83 sq.m. in the beating heart of Metaxourgeio — one of Athens' most exciting and fastest-evolving historic neighborhoods.
Fully buildable and plan-compliant, with a generous building coefficient of 2.2, 70% coverage, and a maximum height of 15.50 m, the property allows for a striking 3+1 recessed-floor development.
Combined, these three plots unlock the scale and flexibility to realize a truly landmark project — set within a district celebrated for its architectural character, creative energy, and surging investor appeal.
An outstanding prospect for residential or mixed-use development, offering the footprint of a single unified plot with the momentum of one of central Athens' most sought-after up-and-coming addresses.
Location: Metaxourgeio is a neighborhood in the northwestern part of central Athens.
Unique features: In recent years, several areas of the neighborhood have been upgraded as part of the overall redevelopment of Metaxourgeio. A distinctive feature of the area is its magnificent neoclassical buildings and picturesque pedestrian streets hidden in its alleys, which bear witness to its long history. The area is gaining a reputation as an artistic and modern neighborhood due to the galleries, museums, and contemporary restaurants and cafes that have opened in recent years. The heart of the neighborhood is Avdi Square, which attracts residents and visitors who enjoy the greenery. The square hosts festivals, and there are restaurants, theaters, and art galleries around it.
Accessibility: Metaxourgeio extends to the area defined by Konstantinoupolis and Diligianni avenues and Deligiorgi, Agios Konstantinos, Panagi Tsaldari (Piraeus), and Salaminos streets. It borders Gazochori, Kerameikos, the wider area of Omonia Square, Plato's Academy, and Kolonos.
It is crossed by the OSE underground railway network. The eponymous metro line 2 passes through Metaxourgeio.
Investment potential: Metaxourgeio is included in the Athens Archaeological Sites Unification Program (1998), making it particularly attractive to investors.