Land Plot for Sale

*** Investment Property in Kallithea – 0.7 km from the SNFCC *** This exceptional investment opportunity in the heart of Kallithea, located at *** 1 TSIGANTE ST ***, concerns a detached property on a 198.80 sq.m. plot, which is legally buildable by derogation. The property stands out for its extensive frontage of 14.50 meters, offering great architectural flexibility, especially when combined with the specified continuous building system. The existing structure is fully legalized, providing immediate readiness for development. According to the technical data, a Building Coefficient of 2.4 allows for a total construction of up to 477.12 sq.m., while the permitted 70% coverage reaches 139.16 sq.m., with a maximum height based on GOK &#***/*******.These specifications allow for the construction of a multi-story building, making the property ideal for residential or commercial exploitation with high returns. It is noted that archaeological requirements apply exclusively to the excavation stage. The construction flexibility of the plot allows for a five-story building with varying square footage per level. Specifically, it is possible to develop three typical floors of 110 sq.m. each, a fourth floor of 85 sq.m., and a luxurious 62 sq.m. penthouse on the fifth floor. The location is strategic, situated just 0.7 km from the Stavros Niarchos Foundation Cultural Center (SNFCC), ensuring direct pedestrian access to one of Attica's most significant cultural and green hubs. The proximity to this iconic landmark, combined with the closeness to the Kallithea market and the extensive building potential, adds significant surplus value to the property and makes it a rare investment choice in the area. This specific investment offers a significant net profit margin for the buyer, establishing the plot as one of the top opportunities in the Kallithea region.