Building - Three retail stores & three apartments in Piraeus

Description

In one of the fastest-growing areas of Piraeus, within the core of the Agios Dionysios redevelopment district, an investment property is available, with strong repositioning potential.

The property is situated on a 181.12 sq.m. plot and includes existing buildings with a total surface area of 308.34 sq.m., consisting of:

• 3 retail stores (24,70sqm, 28,60sqm & 20sqm)
• 3 apartments

A key investment advantage is the right to vertical expansion, allowing the property to reach a total built area of approximately 650 sq.m.

Urban planning data:

• Building Coefficient: 3.6
• Site Coverage: 70%
• Maximum Height according to New Building Regulation (NOK 2012)

The area demonstrates strong growth momentum due to the ongoing Agios Dionysios urban regeneration project, the operation of the new Piraeus Courthouse located less than 300 meters away, and the increasing demand for residential units, offices, commercial spaces, boutique hotels, serviced apartments, food & beverage venues, as well as creative and cultural uses.

Strategically located with access to the Metro, the Port of Piraeus, in an area with significant capital appreciation potential.