$582,621

Commercial Building Ideal For Conversion To Residential For The Purpose Of Exploitation For Golden V

  • 4 Beds
  • 3,122 Sqft
  • Updated: Today

About the Property

Commercial building ideal for conversion to residential for the purpose of exploitation for Golden Visa! In the heart of Petroupoli, in one of the most recognizable and commercial points of the area, a strategic investment property with huge development prospects is available for sale. The Architectural Identity & Layout The building extends over 4 levels of superstructure (290 sq.m.) plus bas
Commercial building ideal for conversion to residential for the purpose of exploitation for Golden Visa! In the heart of Petroupoli, in one of the most recognizable and commercial points of the area, a strategic investment property with huge development prospects is available for sale. The Architectural Identity & Layout The building extends over 4 levels of superstructure (290 sq.m.) plus basement (100 sq.m.), offering complete autonomy: Ground floor: Bright space with a large terrace, ideal for the formation of a premium apartment with outdoor space or lobby. Mezzanine, 1st & 2nd Floor: Open spaces that allow for complete reconfiguration of the layout. Basement: 100 sq.m. with high functionality (storage, engine rooms, or auxiliary spaces). Parking: 3 private parking spaces right at the front of the property – a rare privilege for the area that boosts resale value. Investment Plan: The Golden Opportunity The property is ideal for change of use from commercial to residential, taking advantage of the new regulations of the Golden Visa program. Project of 5-6 Apartments: After a complete renovation, the building can be transformed into a modern residential complex. Golden Visa €250,000: Due to the change of use from commercial to residential, the property falls under the privileged limit of €250,000 for the Golden Visa, offering huge incentives to foreign investors. High Returns (ROI): Petroupoli shows steadily rising trends in sale and rental prices, making the project extremely profitable. Location & Lifestyle The location is the strongest asset of the property. Within a 5-minute walk (Walk Score: 95+), residents have access to: Daily Life: Supermarkets, banks, and public services. Entertainment: The famous market and café-bars of Petroupoli. Transport: Direct connection to main road axes and public transport. Note: The property is a blank canvas opportunity for builders and investors looking for a safe and efficient asset in Attica. An excellent choice exclusively brought to clients by Wonder International Realty!!! For more information, call us to schedule an appointment at our office!
  • Property type

    Estate

  • Price/sqft

    $186

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Glyfada, Attica, Greece View on Google Maps
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Wonder International Realty

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Wonder International Realty
Greece
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513
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2026
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Wonder International Realty
Γλυφάδα, Greece
View agency profile
Last updated
Today
First listed
Aug 27
Listing reference
74-9113
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