Investment property on a pedestrian in Kerameikos III

€720,000

12 Rooms
4 Bedrooms
3 Bathrooms
~916 m² Total surface
~482 m² Living area
~434 m² Plot surface

Description

Investment property, which consists of a plot of 434 sq.m. with ruins of a neoclassical property of 482 sq.m. characterized as listed only on the frontage. The site has a building factor of 2.2 and based on this it can build 1.061 sq.m. in total. It is located on a pedestrian street between Metaxourgeio and Kerameikos, one of the fastest developing areas of Athens. The rare large area of the plot and its privileged location offer multiple business opportunities such as creating a boutique hotel or guesthouse, development of a cultural space or exhibition center, investment in the catering sector (restaurant, wine bar, multiplex) and even a combination of all the above for a multifunctional investment. An excellent opportunity for investors looking for a property with high development potential in the heart of the city. It is located very close to the world famous archaeological sites of the city, cultural centers, market, public transportation means and 800 meters from Metaxourgeio metro station.

Features

Garden

Engel & Völkers Athens MMC

+30 211 1055000

Your advisor: Rania Zika

Property ID: W-02Y0PL

Location: Athens, Attica

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.