Edificio Indipendente A Piraiki Con Un Eccellente Potenziale DI Investimento

In one of the most attractive and sought-after neighbourhoods of Piraeus, in Piraiki and just a short distance from the sea and the coastal road, this independent building of approximately 330 sq.m. is offered for sale, combining distinctive character with significant potential for both residential and investment use.

The property extends over three levels and comprises a ground floor of approximately 150 sq.m. and a duplex residence occupying the 1st and 2nd floors, with a total area of approximately 180 sq.m.

This is a property that retains the charm and character of another era, featuring distinctive architectural details and generous interior spaces that, through a carefully designed renovation, could be beautifully restored and transformed into a truly unique residence.

Although the building requires renovation, it offers considerable flexibility and potential. Thanks to its independent nature and private courtyard, it could be converted into a spacious private residence, offering the privacy and atmosphere of a standalone home in one of the most desirable residential areas of Piraeus. The courtyard also offers the potential to accommodate mulltiple parking spaces, as it currently has only one space available.

Of particular importance is the property’s investment and redevelopment potential. The plot has a total area of 198 sq.m. and a building coefficient (Floor Area Ratio) of 3, corresponding to a theoretical buildable area of up to 594 sq.m. Combined with its excellent location close to the sea, this creates a compelling opportunity for the development of a new contemporary residential building, always subject to the applicable planning regulations, building restrictions and necessary approvals.

Location is one of the property’s strongest advantages. It is situated very close to the Piraiki waterfront and coastal road, within a quiet and established residential neighbourhood that combines tranquillity, privacy and a family-oriented atmosphere with convenient access to the centre of Piraeus.

Location: Piraeus is just 12 kms to the south of Athens city center and is one of the most important commercial and passenger ports in Europe, servicing passenger traffic to more than 200 inhabited islands in Greece, whose main connection with the mainland is via the Piraeus port.

Unique features: A family-friendly seaside neighborhood that still retains its authenticity, Piraeus is where Greece’s powerful shipping industry was born, and it retains its strong maritime character with most shipping companies as well as the Piraeus Marine Club and the Yacht Club of Greece based here. It is home to the beautifully restored Municipal Theater and the Archeological Museum of Piraeus. Piraeus has some of the most picturesque bays such as Mikrolimano, lined with upscale fish restaurants and has the usual big-city delights of shops, cinemas, theaters, and museums.

Accessibility: Piraeus now has three new metro stations and now is well connected to the center of Athens and the rest of the suburbs, the route to the airport  by metro is only one hour. Moreover Piraeus also has a tram, a railway station, and several bus lines. Finally, it is the main transfer station for passenger, commercial and cruise ships.

Investment potential: The neighborhood benefitted hugely from the Piraeus Port Development, Flisvos Marina redevelopment and to the Stavros Niarchos Foundation, making it a prime choice for real estate investors.

Building view