A rare plot of 365 sq.m. in the shipping heart of Piraeus. Located in the neighborhood of Terpsithea, just 3 blocks from the port, next to the historical – but already upgraded – neighborhood of Trouba and the city’s Court of Justice, while surrounded by several Greek and foreign shipping companies this plot is right in the center of one of the most dynamic and vibrant areas of Piraeus. Besides all the above, the area sees a steady tourism development with numerous new, boutique hotels and ethnic restaurants opening all around. Furthermore, the area is only few minutes’ walk from the Municipal Theater, the city’s shopping center and it offers access to all major means of mass transport. With a floor-to-space index at 4.8 and a site occupancy index at 0.60, its central location in Piraeus, combined with the area potential, makes it ideal for residential, office units as well as for hotel unit development. Currently the plot is occupied by a small factory under basic masonry that makes it easy to demolish.
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.
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