Building for Sale

Residential Development Investment Opportunity in Akademia Platonos, Athens An exceptional residential development investment opportunity is presented in one of Athens’ most rapidly emerging areas, Akadimia Platonos. The property offers a rare development opportunity, featuring an existing basic structural layout while allowing the investor or developer to shape the final concept and apartment configuration according to their own investment strategy. Property Overview The total building area is approximately 1,870 sq.m., including 400 sq.m. of underground parking, with the potential to provide one parking space per residence. The building is developed across five main levels: Basement Ground floor Mezzanine 1st Floor 2nd Floor 3rd Floor 4th Floor From the 1st floor and above, the property already enjoys views toward the Acropolis. Golden Visa Eligibility The property is eligible for the Greek Golden Visa program through change of use, making it particularly attractive for international investors seeking residency through real estate investment in Greece. Indicative Development Concept (Proposed Layout) The following layout represents an indicative concept and can be fully adapted to the developer’s preferred strategy. Ground Floor 3 modern loft residences Each with private courtyard use 1st – 3rd Floors 6 apartments per floor Approximate size: 45 sq.m. each Spacious balconies From the 1st floor, the apartments enjoy unobstructed views toward the Acropolis and Lycabettus Hill, significantly increasing residential value. 4th Floor 2 penthouse apartments Approximate sizes: 67 sq.m. and 60 sq.m. Private terraces of approximately 100 sq.m. Panoramic views toward the Acropolis of Athens, Mount Lycabettus, and the wider Athenian skyline. Permanent View Advantage The views from the property are permanently secured: In front of the building there are approximately 15,000 sq.m. of sports facilities, where construction is not permitted. At the rear, open spaces and low-rise buildings preserve the open horizon and unobstructed outlook. Rapidly Developing Area The surrounding area has transitioned from an industrial zone into a general residential zone, meaning industrial activities are no longer permitted. As a result, the neighborhood is currently experiencing significant residential redevelopment and new housing projects. Investment Highlights This property represents an ideal base for a residential development project as it offers: Existing structural layout Flexibility in final configuration High-value views Underground parking Golden Visa eligibility via change of use A project with excellent potential for a modern residential development or a high-yield investment concept, located in one of the fastest-evolving neighborhoods of Athens.