In the heart of Nafplio, in an exceptionally privileged location offering unobstructed panoramic views of the harbour and the Argolic Gulf, a second-floor commercial property of approximately 300 sq.m. is available for sale.
The property features an extensive frontage, spacious balconies with open views of the sea and the surrounding urban landscape, as well as bright interiors offering significant potential for redesign and adaptation to the needs of its new owner. Having accommodated a Public Service for many years, the property requires renovation and reconfiguration of its interior spaces, depending on its intended future use.
Its location is one of its greatest advantages, as it is situated next to the tennis facilities and the new marina of Nafplio, while also being within a short distance of the Old Town, the commercial market and the area's main tourist attractions.
Thanks to its generous size, prominent position and visibility, the property offers multiple development opportunities, including the creation of modern offices or commercial premises, the development of residential apartments or serviced apartments, as well as the implementation of a mixed-use investment project combining hospitality and residential accommodation, subject to the permitted uses and the fulfilment of all applicable planning and regulatory requirements.
The property also presents particular investment potential in connection with the Golden Visa programme. More specifically, the change of use from commercial premises to residential accommodation may, subject to the applicable legal and technical requirements, qualify under the special investment threshold of €250,000. Through an appropriate redesign and the creation of independent properties, the development of multiple self-contained residential units could be explored, offering the potential to attract several investors from non-EU countries seeking to obtain investor residence permits for themselves and their family members.
Furthermore, the property's total surface area of approximately 300 sq.m. provides additional opportunities for development through the creation of multiple residential units, allowing for different investment scenarios and target markets.
This is an attractive investment opportunity in one of the most recognisable and popular urban and tourist destinations in the Peloponnese, combining a privileged location, impressive views and flexibility of use, with the potential to create a contemporary property of high aesthetic and functional standards.