Investment building in an excellent location of Faros in Neo Psychiko

Engel & Völkers presents a rare investment opportunity in Faros Neo Psychiko, one of the most recognizable and commercially active areas of the northern suburbs. In a key location, in close proximity to the local market, shops, dining and leisure facilities, an entire building with a total area of ​​379 sq m is available, which is developed on a plot of 200 sq.m. with a building factor of 1.2. The property consists of a basement, ground floor and three (3) floors, offering a multitude of development possibilities, such as residential, commercial use, mixed development, depending on the needs and investment plan of the buyer. The existing structure needs renovation, enabling the new owner to completely redesign the building, upgrade it in terms of energy and aesthetics and create a modern property with high added value. The location of the property ensures direct access to main roads, connection to public transport, stable demand for both residential and commercial use. This is an ideal choice for investors looking for a property with strong development potential, in an area with timeless commercial and residential value.