Excellent investment opportunity in Piraeus

€530,000

10 Bedrooms
~405 m² Total surface
~405 m² Living area
~170 m² Plot surface
~145 m² Terrace surface

Description

A preserved property in the center of Piraeus very close to Zeas Marina, three levels, in a very quiet neighborhood, waiting for its next owner to turn it into a unique property and return it to its former glory. The property 405 sq.m. with patio and yard, needs renovation but is in excellent condition and is easy to create a unique detached house, 3 apartments or airbnb building. Excellent investment opportunity, as it has a building balance, but also all the financing specifications for a specific property type that can turn its purchase into a unique investment with a very high return. Time limit for completion of the works is 24 months. Ideal for anyone who wants to invest in Piraeus and for anyone who can appreciate the quality of life that only Piraeus can offer. * The Energy Performance Certificate is currently being issued

Features

GardenTerraceWaterfront

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Theodoros Tsempelis

Property ID: W-02W0IG

Location: Piraeus, Attica

Location: Piraeus is just 12 kms to the south of Athens city center and is one of the most important commercial and passenger ports in Europe, servicing passenger traffic to more than 200 inhabited islands in Greece, whose main connection with the mainland is via the Piraeus port. Unique features: A family-friendly seaside neighborhood that still retains its authenticity, Piraeus is where Greece’s powerful shipping industry was born, and it retains its strong maritime character with most shipping companies as well as the Piraeus Marine Club and the Yacht Club of Greece based here. It is home to the beautifully restored Municipal Theater and the Archeological Museum of Piraeus. Piraeus has some of the most picturesque bays such as Mikrolimano, lined with upscale fish restaurants and has the usual big-city delights of shops, cinemas, theaters, and museums. Accessibility: Piraeus now has three new metro stations and now is well connected to the center of Athens and the rest of the suburbs, the route to the airport by metro is only one hour. Moreover Piraeus also has a tram, a railway station, and several bus lines. Finally, it is the main transfer station for passenger, commercial and cruise ships. Investment potential: The neighborhood benefitted hugely from the Piraeus Port Development, Flisvos Marina redevelopment and to the Stavros Niarchos Foundation, making it a prime choice for real estate investors.