Engel & Völkers
Aerial view of a vacant lot surrounded by buildings, marked with a red dashed line. The lot contains overgrown vegetation and remnants of old structures.

Investment plot in the center of Kerameikos

€1,700,000
  • ~1,231 m² Plot surface

Description

This is an investment plot in the center of Kerameikos. It consists of six smaller plots, one next to the other with a total size of 1,231 sq.m. with two neoclassical properties, preserved only on the facade with a total size of 489 sq.m. The plot is 2,708 sq.m. and the Building Factor of the area is 2.2. The property is a unique investment opportunity, as there are not many similar ones in the city center. It is located on a pedestrian street and the properties that will be built have the possibility of multifaceted exploitation and immediate return on investment.
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Engel & Völkers Athens MMC

Your advisor: Rania Zika

Property ID: W-02Y0EL

Property details

  • Object type

    Site

  • Plot surface

    ~1,231 m²

Location: Kerameikos, Athens

Kerameikos fringes the Acropolis to the north and is just 2kms from the city centre. Unique features: Named for Keramos, son of Dionysios and Ariadne, master-ceramicist, Kerameikos was the potters' quarter of the city, used as a burial ground for over a thousand years. The tall columns of the erstwhile gas factory, now transformed as the Athens Municipality’s Technopolis cultural center, lends its name to Gazi. Today, Kerameikos and Gazi are thriving districts with award-winning restaurants sharing space with theaters, hipster hangouts, bars and nightclubs making it the de facto fun zone of Athens. It is within walking distance of all sites, to the Jewish synagogue and houses the Kerameikos Museum. This is an area that is extremely promising, poised for gentrification. Accessibility: The Athens Metro adjacent to the Technopolis of Gazi offers direct access to the metro and train network of the city. Piraios avenue also offers access to the Athenian coast within 10-15 minutes, as well as Omonoia and Syntagma squares. The airport is 50 minutes to an hour away by train and 40 minutes by car. Investment potential: Kerameikos/Gazi is right in the historic centre of Athens, an area that has always enjoyed a lot of interest from buyers.

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