Single-family detached house 260 m², to be refurbished, Center, Palaio Faliro

In the heart of Palaio Faliro, in one of the most privileged and sought-after locations on the Athenian Riviera, lies this property that combines comfort, growth prospects, and exceptional investment value. The building is constructed on a 254 sq.m. plot with a building coefficient of 1.4, offering great potential for both new constructions as well as utilization of the existing structure. It consists of three floors, with the ground floor and first floor each measuring 100 sq.m., including two bedrooms and two bathrooms, while the second floor, measuring 60 sq.m., has one bedroom and a spacious veranda. At the rear of the building there is a garden, ideal for moments of relaxation and adding extra value to the property. The property is ideal for individuals looking for a permanent residence or a seaside vacation home, as well as for investors who wish to capitalize on the high demand in the area through rental or renovation. The property's location in the center of Palaio Faliro ensures immediate access to shops, services, transportation, and the beach, while offering all the amenities a modern family needs. Location: Located on the Athens Riviera, Paleo Faliro is a neighborhood just 5 kms away from the city center, a 15-minute drive to the port of Piraeus and just across the redevelopment of the Flisvos Marina and the sprawling Stavros Niarchos Cultural Center. Unique features: A family-friendly seaside neighborhood that still retains its authenticity, Paleo Faliro boasts wide promenades on the seafront, easy access to beaches, cafes, restaurants and summer beach bars and clubs. Paleo Faliro is conducive for both families, buyers looking to have returns on their investment, and single households as it is close to schools, cultural centers, the National Opera and National Library and marinas. Accessibility: Ideally located midway between the city center and the coast. Easy access to trams, train stations, bus services and it is just a 15-minute drive to Piraeus Port, offering a quick getaway to the islands. It is a 45-minute drive to the international airport. Investment potential: The neighborhood benefitted hugely from the Flisvos Marina redevelopment and to the Stavros Niarchos Foundation, making it a prime choice for real estate investors.