Residential Building 313 Sq.M.

Property code: 2-2024 - Piraeus Kastella FOR SALE residential building of 3 levels with a total area of 313.00 sq.m. It consists of 7 bedrooms, living room-kitchen, 4 bathrooms. It was built in 1970 with energy class H and features individual heating - oil, unlimited view, wooden frames, tiled floors, wardrobes, open space - Price: €700,000 Investment Property - Landmark in Kastella Piraeus
In the heart of the aristocratic Kastella, in a location that ensures absolute privacy, this independent building offers a rare investment opportunity. The ”frame” of the Saronic Gulf begins already from the 1st floor, making every square meter extremely valuable.
Surface Analysis (Total: 321 sq.m.):
* Ground Floor (99.11 sq.m.): Ideal for executive reception or independent residence.
* 1st & 2nd Floor (183 sq.m.): Tiered, panoramic sea view.
* Roof (30.26 sq.m.) & Roof Garden (100 sq.m.): A ”private garden in the sky” with 360° view, ideal for lounge area, Jacuzzi, and high-end recreation.
Investment Scenarios:
* Golden Visa Project (€800,000): The property is a ”ready product” for the 2026 limit. The investor acquires the entire building, ensuring full control and high resale value.
* Premium Boutique Suites: Possibility of dividing into 6 luxury studios (45-50 sq.m.). Converting the roof into an Executive Penthouse Suite raises the yield to the levels of top hotels in Athens.
* Shipping Headquarters & VIP Hosting: Use of the ground floor as a prestigious office and the floors as executive suites, with the rooftop serving as a corporate events space.
Why here? Kastella has a limited supply of properties with such autonomy. Proximity to Mikrolimano and the port of Piraeus offers a unique synergy of lifestyle and entrepreneurship.