Land Plot for Sale

️ FOR SALE — HIGH-VALUE INVESTMENT OPPORTUNITY WITH FUTURE COMPENSATION POTENTIAL Petroupoli, Athens — Agios Nikolaos (Boutseli / Michelis Area) A 33.33% undivided ownership share is for sale from a total land parcel of 1,156.95 sq.m., located within the approved city plan in one of the most strategic and highly demanded areas of Petroupoli. The property features frontage on three municipal streets: Zalongou, Tepeleniou, and Morava, ensuring exceptional corner visibility, accessibility, and future development potential. ⚠️ Legal Status & Investment Advantage The property is officially designated as a public communal space (square) according to Government Gazette FEK 528D/2002, and has remained under municipal reservation for more than 17 years. This creates two key potential outcomes: Future release of the property from public use designation and/or Compensation from the Municipality or Region according to expropriation and public use regulations. Properties of this nature are considered long-term strategic investments, often resulting in significant financial return, depending on the compensation terms (market value, objective value multipliers, or expropriation valuation formulas). Property Data Description Details Ownership available 33.33% (equivalent to 386 sq.m.) Total plot size 1,156.95 sq.m. Building Coefficient (F.A.R.) 1.60 Coverage Ratio 60% Access Asphalt roads — triple street frontage City plan status ✓ Fully included in planning zone Available Documentation Official Topographic Survey Engineer’s Legal Confirmation Statement Official Cadastral (KAEK) Information All documents are ready for buyer review and legal verification. Ideal for: ✔ Real estate investors ✔ Law firms specializing in expropriation or public-use properties ✔ Developers with long-term investment strategy ✔ Funds or private capital portfolios ✔ Buyers seeking low-risk, high-potential appreciation assets Key Reasons to Acquire Now Publicly reserved plots held for long periods statistically tend to be either released or financially compensated. The corner positioning and land size significantly increase its future valuation and development possibilities. Such properties rarely enter the open market. The buyer who acquires now gains the advantage of time — and in this investment category, time equals profit. Contact +30 6943493931 Serious inquiries only.