Gerakas, Attica
Investment plot 714 sq.m. in Gerakas with high building potential
Price
€400,000
Investment plot 714 sq.m. in Gerakas with high building potential
- ~714 m² Plot surface
- Completion expected June 2026
Description
We present you an excellent investment opportunity in one of the fastest-growing and most sought-after areas of Gerakas.
It is a plot of 714 sq.m., within the city plan, in a prime location very close to the central market, the main square and the area’s key road arteries. Its location combines excellent accessibility with a quiet residential setting, offering high quality of living and significant investment value.
Immediate access to Attiki Odos, the suburban railway and the metro, as well as proximity to schools, sports facilities, shops and services, make the property ideal both for a private residence and for residential development.
Building terms:
- Coverage ratio: 60% for the first 500 sq.m. and 40% for the remainder.
- Building coefficient (floor area ratio): 80% for the first 500 sq.m. and 60% for the remainder.
Buildability exceeding 500 sq.m., offering substantial development prospects and high return on investment.
✔ Ideal for constructing a luxury detached house with a large garden
✔ Suitable for building residences for sale or exploitation
✔ Excellent balance of location, size and buildable area
✔ Rare available property in an area with steadily increasing demand
A distinctive proposal for private buyers and developers seeking a property with strong investment potential in the northern suburbs of Attica.
- Object type
Site
- Plot surface
~714 m²
Location: Gerakas, Attica
Gerakas is a municipal community and the seat of the Municipality of Pallini, in the Regional Unit of East Attica of the Attica Region. It lies on the northeastern edge of the Athens metropolitan area and is a northern suburb of Athens. Well-known neighborhoods of Gerakas are Gargittos, Stavros and Balana. It borders Agia Paraskevi, Penteli and Chalandri.
It is a suburb that has seen rapid growth in recent years. With the passage of Attiki Odos and the metro, its character changed radically into an urban area of Athens, alongside modernization of its infrastructure.
Gerakas has been built up at a fast pace after the establishment of the Doukissis Plakentias metro station, without losing its urban charm. By law, houses are built only with tiled roofs; there are many parks and, overall, it is a pleasant environment for families with children.
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