FOR SALE
Mixed Use, 820 sqm, Kentro
#50061Athens-Center, Athens-Center-Kentro-Omonoia
820 sqm
Property
Description of the property
A unique investment opportunity in the heart of Athens, located in the developing Omonia area, just steps from the Acropolis and the metro station. The building is three stories with a total area of 820 sq.m. and expansion potential up to 1,028 sq.m. The floor distribution includes a basement of 85 sq.m., ground floor of 270 sq.m., first floor of 245 sq.m., and second floor of 220 sq.m. It features modern amenities such as a central elevator, heating, and air conditioning throughout. There is potential to expand an additional 208 sq.m. with two more floors. The current use of the property is office or industrial space, with the possibility of conversion into residential units under new Greek legislation. It also qualifies as a Golden Visa opportunity, as the minimum apartment sale price is lower compared to other central Athens areas. There is potential to develop at least 12 apartments of 60-80 sq.m. each. The property is in a strategic location near Omonia Square, in an area undergoing continuous upgrades and attracting high investment interest. Additionally, it is close to the Acropolis and major tourist attractions, while the Omonia metro station provides easy access to the entire city. Property values are expected to increase due to ongoing development projects in the area.
Extra information
GENERAL
Completion status
Completed
PLOT
View
City
BUILDING
Total building size
820 sqm
Total floors
4
UNIT
Main area size
820 sqm
Above ground area size
735 sqm
Below ground area size
85 sqm
Levels
1
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