Investment opportunity-Βuildable corner plot near Kerameikos Metrο.

€480,000

~270 m² Plot surface

Description

An excellent 271 sq.m. plot is available for sale in the Votanikos area, in a particularly advantageous location just 850 m from Kerameikos Metro Station. The property is triple-fronted, offering excellent visibility, flexibility in architectural design and abundant natural light. With a Building Coefficient (FAR) of 3, it offers a total buildable area of up to 813 sq.m., making it an ideal opportunity for investors and developers seeking properties with strong development potential. The Votanikos area is undergoing continuous development, while its proximity to the already vibrant and highly popular Gazi district significantly increases demand for modern residential properties. The plot is suitable for the development of modern or luxury apartments, while there is also the possibility of creating a commercial space on the ground floor, taking advantage of the plot’s excellent street exposure. Easy access to Kerameikos Metro Station, the Athens city center, and major transport routes makes the property particularly attractive for both residential and investment development. A property with a high building coefficient, excellent location and strong future value prospects, ideal for the development of a residential building or a mixed-use project.

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Rania Zika

Property ID: W-047TCE

Location: Athens, Attica

Location: Votanikos is a neighborhood located in the central part of Athens. It owes its name to the Botanical Garden of Athens, where the Agricultural University of Athens currently has its facilities. The Botanikos area is bordered to the north by Iera Odos, to the east by Konstantinoupolis Avenue, to the south by Petrou Ralli Avenue, and to the west by Rouf. Unique Features: The area is a rapidly developing neighborhood that is popular among young professionals and artists. Votanikos is known for its lively atmosphere, with many modern cafes, bars, and restaurants, as well as for its street art and murals. The area is also home to many cultural institutions, such as the Onassis Cultural Center, which hosts concerts, exhibitions, and other events. Today, there are some industrial units operating in the area, as well as numerous warehouses. It is an important production zone and transport hub in Attica, while several companies, including the Athens Stock Exchange, have chosen to set up shop on Athinon Avenue. In recent years, Votanikos has become a nightlife district, as many old workshops and warehouses have now been converted into nightclubs with live music. Accessibility: The area is served by metro line 3 and the Eleonas station. Botanikos has good public transportation connections. The neighborhood is well connected to the rest of Athens by a network of buses and trolleys. This makes it easy to get to other parts of the city, including the central business district and tourist attractions. Investment Potential: Botanikos is located a short distance from the center of Athens, an area that has always been of great interest to buyers, with guaranteed returns on investment. The upcoming construction of Panathinaikos' new stadium and the redevelopment of the wider area will significantly upgrade it, radically changing the image of the area.