Building for Sale

This expansive 989 sq.m. residential building in the heart of Gerakas Center presents a premier "blue-chip" investment opportunity, perfectly positioned for high-yield development. Situated on a 650 sq.m. plot and spanning three levels (Ground floor, 1st, and 2nd), the structure offers nearly 1,000 sq.m. of construction with a current layout designed for four large residences, totaling 8 bedrooms, 8 bathrooms, 4 kitchens, and 4 living rooms. A standout feature of this property is the active and recently renewed building permit, allowing a visionary investor to commence construction immediately without the typical bureaucratic delays. Furthermore, the property’s valuation and scale make it fully eligible for the Golden Visa program, offering a significant advantage for international investors seeking permanent residency in Greece alongside a high-performing asset. Built in 2000 and currently in an incomplete state with cement flooring, the building serves as a massive "blank canvas" for a luxury renovation, whether completed as premium serviced apartments for short-term rentals (Airbnb), a private educational facility, or a multi-family revenue source. The east-meridian orientation ensures the interiors remain bright, airy, and "bathed in sunlight," complemented by pleasant city views and a quiet neighborhood atmosphere. Strategic amenities include four underground parking spaces, an internal staircase, attic potential, and a private garden. As a standalone structure with no shared expenses, it offers a streamlined management model for long-term profit. Offered at €810,000, this is a rare opportunity to capitalize on a high-demand area with a guaranteed high ROI. For more information or to discuss the full development potential, please contact Delta Key Group at +30 2106393101 or via email at info@deltakeygroup.com.