Rare neoclassical detached residence with historic character and investment potential

In the heart of Pasalimani, in a quiet location set on a pedestrian street and just a 2-minute walk from Marina Zeas, a rare neoclassical detached residence of significant character and historical value is offered for sale, originally built around 1810, with its first recorded purchase dating back to 1858. The property underwent a full restoration between 1997 and 2005, with complete construction records and architectural plans available, ensuring transparency and confidence for any future use or investment. It is developed on a 136.35 sq.m. plot, with a building coefficient (FAR) of 3, and a total built area of approximately 309 sq.m., distributed across a 75 sq.m. basement, 97.31 sq.m. ground floor, 124.10 sq.m. first floor, and a 12.70 sq.m. roof level. There is flexibility to configure the outdoor space according to the owner’s needs, whether as a courtyard/garden or as a private parking area — a highly valuable advantage for the location. The property already features prepared architectural plans for conversion into a boutique hotel of up to 9 rooms, with potential eligibility for Golden Visa use. An application has already been submitted to the Archaeological Authority for the required permits, which is expected to significantly accelerate the renovation and development timeline. The building is in excellent condition and represents a unique opportunity either as a prestigious private residence or as a high-yield investment, located in one of Piraeus’ most sought-after and vibrant areas, just steps from the sea, the marina, and the lifestyle amenities of the area. Images in the Exposé may have been optimized or adapted using AI for illustrative purposes.