Four-Storey Residential Building with Basement and Roof

Description

Auction Date: 01 October 2026
Auction Time: 10:00 AM (Greece Local Time)
Property Type: Residential Building
Location: "Ntourout" Area, Grevena, Western Macedonia, Greece

A unique investment opportunity through eAuction, involving a four-storey residential building with basement and pitched roof, located in the "Ntourout" area of Grevena, one of the most established residential neighborhoods of the city.

The property is developed on a corner urban plot of approximately 208.88 sq.m. and consists of multiple residential units and auxiliary spaces with a total built area exceeding 650 sq.m., offering significant redevelopment and investment potential.

Property Composition

• Basement storage area: approximately 91.45 sq.m.
• Ground Floor Apartment D1: approximately 53.02 sq.m.
• Ground Floor Apartment D2: approximately 51.73 sq.m.
• First Floor Apartment: approximately 137.25 sq.m.
• Second Floor Apartment: approximately 133.58 sq.m.
• Third Floor Apartment: approximately 117.62 sq.m.

The structure is of conventional reinforced concrete construction with brick infill walls and a timber roof covered with ceramic tiles. According to the valuation report, the external condition and maintenance level of the building are considered good for its age.

Area Description

The property is situated in the northern part of Grevena city, only a short distance from the city center. The neighborhood is predominantly residential and is characterized by three- and four-storey apartment buildings, offering a mature urban environment with direct access to everyday amenities.

The location benefits from proximity to:

• approximately 420 meters from Emilianou Central Square,
• approximately 650 meters from the Holy Metropolis of Grevena,
• approximately 1.1 km from the Municipal Stadium of Grevena.

Access to the area is provided through Palaeologou Street and Agiou Kosma Street, while the wider city enjoys excellent regional connectivity through the Egnatia Motorway, linking Grevena with Thessaloniki, Ioannina and the rest of Northern Greece.

Grevena is increasingly attracting residential and investment interest due to its strategic position in Western Macedonia and improving transport infrastructure.

Additional Information

• Plot Area: 208.88 sq.m.
• Market Value (Valuation Date 20/02/2026): €331,000

This property represents an attractive opportunity for investors seeking income-producing residential assets, redevelopment projects, or conversion into multiple residential units in an established urban location.

For further information regarding the auction process and legal documentation, please contact the appointed real estate advisor or the auction representative.