Building for Sale

For Sale | Pallini – Commercial Building with Residential Development Potential | 1,535 sq.m. on 3,530 sq.m. Plot In the heart of a fast-developing residential zone in Pallini, this commercial property presents a unique investment opportunity. It offers a total built area of 1,535 sq.m., set on a plot of 3,530 sq.m., within a strictly residential planning zone. The Property Constructed in 1975 under building permit no. 4099/74, the property is arranged over three levels and includes: • Basement: 191.69 sq.m. with 26 storage units • Ground Floor: 711.71 sq.m., suitable for 10 apartments of 80 sq.m. or 20 units of 40 sq.m. • First Floor: 633.60 sq.m., with potential for 11 apartments of 70 sq.m. or 22 units of 35 sq.m. • Additional Building Right: Up to 216.67 sq.m. (Second Floor), for 3 apartments up to 75 sq.m. each Redevelopment Potential The building is ideal for full residential conversion, contributing to the transformation of the area into a modern, sustainable neighborhood. The surrounding zone has recently been reclassified as strictly residential, significantly upgrading the area's urban profile and long-term value. Golden Visa Eligible – €250,000 Threshold This property qualifies for the €250,000 investment threshold under the Golden Visa program, as it falls under the exemption for industrial/commercial buildings converted into residential use in Attica. A rare and valuable opportunity for foreign buyers seeking residency through real estate investment. Key Advantages ✔ Large plot with road frontage ✔ Flexible layout and development options ✔ Located in a growing residential zone ✔ Near public transport and key infrastructure ✔ High demand area for both rental and resale market