Building for Sale

Code: 11-660
PIRAEUS – FOR SALE: LISTED BUILDING 1,794 sq.m., PRESERVED FACADE – HIGH DEVELOPMENT POTENTIAL

For sale: a building of 1,794 sq.m. located on a 897 sq.m. plot, in a prime central location of Piraeus, with frontage and direct access to major roads and transportation hubs.

This property represents an exceptional investment opportunity, offering multiple development options.

INVESTMENT OPTIONS:
A) Retention of the Existing Building
The building is fully leased.
Current rental income amounts to €100,000 annually.

B) New Development While Preserving the Facades
Remaining building coefficient: 1,974 sq.m.
Total allowable buildable area: 3,768 sq.m.
Maximum permitted height: 32 m.

Indicative potential uses:
Student housing (particularly attractive due to proximity to the University of Piraeus)
Ground-floor retail with office spaces on the upper floors
Combination of parking areas and office uses

LOCATION ADVANTAGES:
600 m from Dimotiko Theatro Metro Station and the central square of Piraeus
Immediate access to the coastal avenue and the National Highway
780 m from the University of Piraeus
550 m from the Port and the Metro/Train stations Piraeus
The area is a major transportation and commercial hub, making the property ideal for mixed-use, hospitality, or broader investment development.

SALE PRICE: €2,500,000

Notes:
• All property information and characteristics are based on data provided by the owner.
• The map point does not correspond to the actual address of the property.
• For the property viewing, an ID and Tax Identification Number are required in accordance with Law 4072/2012 (FEK 86/A/11-4-2012).