Block Of Flats, 336 sqm, Kastella - Passalimani

Located in the heart of Piraeus, in the prestigious area of Kastella, this exceptional four-story building offers a total of 336 sq.m. of main living spaces and 202 sq.m. of auxiliary areas. Built on a 145 sq.m. plot with a building coefficient of 3.6 and an 8-meter frontage, this property stands out for its solid construction and flexible layout.

The ground floor spans 101 sq.m. and includes two private parking spaces as well as an uncovered garden area. The basement, also 101 sq.m., provides ample auxiliary space that can be used as storage or a playroom. The main floors are distributed as follows: the first and second floors are 99 sq.m. each, the third is 82 sq.m., and the fourth floor measures 56 sq.m.

The building permit was issued in 1996, with construction completed in 2000. The property features a high-quality elevator, autonomous oil heating, and a rooftop terrace with potential for further development.
On the first floor, there is a spacious 99 sq.m. apartment featuring an elegant open-plan living and dining area with a kitchen, one bathroom, two balconies, wooden flooring, a security door, and an internal storage loft. There is also potential to reconfigure this level to add bedrooms or even combine it with the second floor to create a maisonette.

The second and third floors offer similar layouts, each comprising two bedrooms (one of which is a master bedroom on the second floor), an open-plan living/dining area with kitchen, one bathroom, two balconies, marble floors, storage lofts, security doors, and a built-in alarm system.
On the fourth floor, there is a bright apartment consisting of one bedroom, one bathroom, an open-plan living-dining room with kitchen, a balcony, aluminum window frames with double glazing and electric shutters, a security door, and granite-marble flooring.

This property represents a rare investment opportunity, thanks to its prime location, high-quality construction, and flexible layout. It can be configured into 4 to 8 independent apartments for rental or resale, and there remains development potential for up to five additional floors based on the existing building coefficient.