New
Listed building for investment 510 sq.m.
€1,200,000
- ~510 m² Total surface
- ~510 m² Living area
- ~300 m² Plot surface
Description
In the heart of Piraeus, in the Agios Spyridon area, a listed building is available for sale, just a few metres from the central port and within a short walking distance of the “Dimotiko Theatro” Metro station and the Piraeus Tower.
The property stands on a 300 sq.m. plot with an exceptionally high floor area ratio of 4.8, offering development potential of approximately 1,440 sq.m. (subject to the applicable planning regulations and required approvals).
It represents an excellent investment opportunity for those wishing to capitalize on the area’s growth potential and the special provisions governing the restoration and commercial use of listed buildings, as well as on available support programs, where applicable.
Its strategic location, next to the country’s largest port and in a rapidly developing area, makes it ideal for the creation of:
- Boutique hotel or serviced apartments
- Luxury residences
- Commercial premises or offices
- Mixed-use commercial and residential development
- Tourism- or business-oriented investment
This is a rare property combining historic value, excellent visibility and significant future development potential, in one of the most up-and-coming areas of Piraeus.
Property details
- Object type
Detached house
- Total surface
~510 m²
- Living area
~510 m²
- Plot surface
~300 m²
Energy efficiency information
- Construction year
1930
- Energy efficiency class
D
- Energy certificate available
Yes
- Energy certificate type
Consumption certificate
Location: Piraeus, Attica
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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