$1,811,098

Corner Building With 9 Units For Mixed Use And Golden Visa Eligibility

  • 5,921 Sqft
  • 1,669 Sqft lot
  • Updated: June 20

About the Property

Corner mixed-use investment building in Piraeus, in an area of ​​continuous development and regeneration just a few meters from the port of Piraeus, designed for maximum flexibility of utilization and diversified sources of yield.

It is developed on a corner plot of 155 sq.m. with a total built-up area of ​​550 sq.m. and consists of 9 independent units, 2 residential & 7 commercial -w
Corner mixed-use investment building in Piraeus, in an area of ​​continuous development and regeneration just a few meters from the port of Piraeus, designed for maximum flexibility of utilization and diversified sources of yield.

It is developed on a corner plot of 155 sq.m. with a total built-up area of ​​550 sq.m. and consists of 9 independent units, 2 residential & 7 commercial -with the possibility of conversion into residences- thus combining residential and commercial uses in one integrated project.

Featuring two independent entrances, the property offers high functionality and the possibility of flexible management. Its renovation includes modern infrastructure, energy-efficient frames with thermal breaks and double glazing, pre-installation for air conditioning units, while, the clever layout of the spaces and the landscaped rooftops with BBQ and living areas enhance its quality and commercial value.

The building is designed to support multiple investment scenarios, such as short and long-term lease, commercial exploitation or mixed use model, while providing the possibility of converting up to 7 independent residences for the Golden Visa program of 250.000€.

Its strategic location, in direct connection with the Port of Piraeus, proximity to public transportation and the Metro and main roads of Athens, makes it an investment with strong capital appreciation prospects and international investment interest in the growing market of Attica.

Location: Piraeus is located just 12 km south of the center of Athens and is one of the most important commercial and passenger ports in Europe, serving passenger traffic to more than 200 inhabited islands of Greece, whose main connection to the mainland is through the port of Piraeus.

Unique characteristics: A seaside and family-friendly neighborhood that still retains its authenticity, Piraeus is the city where Greece’s strong shipping industry was born and still maintains its strong maritime character today, with most shipping companies based there. Also, Olympiakos and the Eretis club, the oldest active rowing club in the Balkans, are based here.
The municipality has 140 schools and 2 universities, the University of Economics and the Higher Merchant Marine Academy. In this city you will find the beautifully restored Municipal Theatre, the Veakio Theatre, the Archaeological Museum, the Naval Museum, the Hellenic Railways Museum and the Municipal Art Gallery. Piraeus is characterized by small picturesque coves, with excellent fish taverns, while it also includes all the amenities of a metropolis such as shops, cinemas, theaters, restaurants, bars, cafes and museums.

Accessibility: Piraeus now has three new metro stations that allow it to be fully connected to the center of Athens and other areas, the total travel time to the airport is just 1 hour. It also has a tram, a train station and several bus lines. Finally, it is the main transport hub for passenger, commercial and cruise ships.

Investment potential: The neighborhood has benefited significantly from the development of the port of Piraeus, the metro extension and the Stavros Niarchos Foundation, making it a top choice for real estate investments.

Building view
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  • Property type

    Other

  • Year built

    1980

  • Price/sqft

    $305

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5th District of Piraeus, Piraeus, Greece View on Google Maps
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Engel & Völkers Athens
Engel & Völkers Athens
Mesogion Avenue 2-4, 15127, Athens, Greece
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With Engel & Völkers, your real estate agent of choice in Athens, you are in the best possible position when bu
With Engel & Völkers, your real estate agent of choice in Athens, you are in the best possible position when buying or selling villas, houses, apartments and land in Greece. We look forward to introducing you to our range of services on our website!

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Last updated
June 20
First listed
June 20
Listing reference
I-04A0IH-W-04A0IH
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