Building for Sale

Residential building with three apartments in Palaio Faliro, in the Panagitsa area, in a highly privileged location next to Amfitheas Avenue and just 1,200 meters from the seafront. The property stands on a 305 sq.m. plot, in a neighborhood characterized by modern residential buildings of up to six floors, a factor that significantly enhances its development potential and future appreciation. The building comprises: • Semi-basement level of 50 sq.m., unfinished, with façade and direct access to the garden. • Elevated ground floor, which due to the natural slope of the land at the rear side of the building functions visually as a first floor. • An additional residential level, forming a total of three independent apartments. The property requires renovation, offering the opportunity for complete redesign according to modern standards, either for private use or for investment purposes (long-term or short-term rental). An excellent investment opportunity in one of the most sought-after areas of the southern suburbs of Athens, with immediate access to main roads, public transport, shops and schools, and within short distance of the coastal zone. Ideal for investors or for the creation of contemporary residences with strong future return and capital appreciation. For Sale, building, Full Bathrooms: 3, Half Bathrooms: 1, Living Area: 270 Sqm, Rooms: 6, Year Built: 1975, View, Balcony, Garden, Internal Stairs, Storage Space, Floor Number: Ground Floor, For Commercial Use, Facade, Pets Allowed, Renovated, Awning, Double Glass, Airy, Bright, Kitchens: 3, Joinery: Wooden, Floor Type: Marble, Lot Size: 305 Sqm, Levels: 3, Heating Controller: Autonomous, Heating Medium: Petrol, Road Type: Asphalt, Zoning: Residential, Energy Class: E, Orientation: E, Current: Single Phase, Balcony Area: 25, Distance Sea: 1200