Plot, 276 sqm, Nea Erithraia

A rare investment opportunity in the heart of Nea Erythraia, one of the most privileged and rapidly developing areas in Northern Athens. A plot of land with an existing residential building totaling 344 sq.m. is available for sale. The property consists of three apartments (two on the ground floor and one on the first floor), along with a basement auxiliary space. Although the building is in need of full renovation, it holds significant advantages such as its prime location and a high building coefficient (F.A.R.) of 1.6, which allows for vertical extension or full redevelopment.

The plot is ideally located within walking distance of schools, commercial shops, banks, restaurants, and public transportation. The neighborhood offers a quiet, high-quality living environment and consistently strong demand for residential properties. This is an ideal opportunity either for private use after renovation or as an investment with substantial potential for capital appreciation through full utilization of the buildable surface.