Land Plot for Sale

€ 600,000
150 m²

Note

Listing updated on 08/06/2025
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: 1991

IExarchia -: For sale is a bright flat plot of 150 sq.m. of facade with a building area of ​​465+132=597 sq.m., height factor of 16m. It contains a building, is located in a residential zone, has a building permit and a demolition permit, is proposed as an investment property.

 

The location of the property provides the possibility of alternative exploitation uses, such as a small boutique hotel in a retro philosophy, suites and apartments for short or long-term lease, construction and sale of small apartments to a specific target group of customers.

 

Exploitation of relevant legislation for a visa 250,000€ investment, with conversion from commercial to residential use

 

SURPLUS VALUE: Taking into account the above, especially in the scenario of demolition and construction of a new modern "green" building, conditions for significant surplus values ​​and returns are created, one that will be, if not the only one, one of the few new buildings in the Exarcheia area, due to lack of plots and inability to demolish other old buildings

 

C.ALTERNATIVE UTILIZATION SCENARIOS

 

C1. Radical renovation of an existing building, where the advantage is the lower investment cost.

 

C2. Radical renovation of an existing building, static reinforcement and construction of three new floors. Advantage of the building,

 

C3.Proposed: Demolition of existing building and construction of a new modern "green-energy" building with the exploitation of the benefits of the new permit. We consider this scenario to be optimal with the best INVESTMENT-YIELD ratio. Upon completion of the construction, it will be perhaps the only completely new modern building in one of the dynamic development areas of Greece.

C4. Exploitation of relevant legislation for a visa of 250,000€ investment, with conversion from commercial to residential use

 

Price 600,000€ | Property Code: #1991. tel 6970085588

Our office is a member of the Professional Chamber of Athens (E.E.A.) with number G.E.M.H. 145744603000, a member of the Association of Civil Contracts Brokers of Athens Attica (S.M.A.S.A.A. ) with A. M. 9333, member of the European Association Of Real Estate Professions (CEPI) and operates in accordance with the obligations and rules of conduct of Realtors. Trust and Work with Legitimate Real Estate Agencies, asking them to show you their GEMΗ or professional ID, always coming out benefited and informed. For a presentation and a visit to the property, call for an appointment at +306970085588, Monday to Friday 10:00 - 21:00 and Saturday 10:00 14:00. In order to indicate the property and sign the Indication Order, it is necessary to show your A. D. T. & A. F. M., in accordance with the Law on Realtors (Law 4072 /11 -4 -2012 Official Government Gazette Sheet 86 ). Visit our website: www.agoraproperties.gr

If you want to know more, you can talk to Γιώργος Κοκαράκης.
Features
Contract
Sale | Income property
Type
Land Plot
Surface
150 m²
Street access / right of way
On the motorway
Other features
  • Exposure east
Price information
Price
€ 600,000
Price per m²
4,000 €/m²
New
Discover every corner of the property
+3
Advertiser

Γιώργος Κοκαράκης

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Γιώργος Κοκαράκης