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PIRAEUS CENTER - PALEA KOKKINIA
Property Code: 523436
For sale: a building situated on a corner plot of 215 sq.m. in the Kaminia district of Piraeus. The plot is level, buildable, and fully compliant with urban planning regulations, featuring a building coefficient (FAR) of 3.0 and a coverage ratio of 70%. Located in a highly visible area with immediate access to the local market, public transportation, and major road networks, the property offers significant development potential and excellent long-term investment prospects. The property comprises four independent units. These include a recently renovated ground-floor residence of 55 sq.m. with a private entrance, and a recently renovated first-floor residence of 75 sq.m., also with a separate entrance and exclusive use of a 9 sq.m. rooftop terrace. Both residential units benefit from autonomous heating systems, ensuring comfort and functionality. In addition, the property includes two ground-floor commercial premises of 48 sq.m. and 25.5 sq.m. respectively, offering immediate rental income potential or commercial use opportunities. This asset represents an outstanding investment opportunity, combining existing income-generating units with substantial future development possibilities. It is ideally suited for income-producing investment, tourism-related exploitation, mixed-use residential and commercial development, or the construction of a new building that can fully capitalize on the area's high building coefficient. A rare property in a strategic location within Piraeus, offering immediate usability, stable income potential, and exceptional development prospects for investors, developers, and real estate professionals.
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| Renovation : | Complete |
| Drainage : | Sewer |
| Elevator : | No |
| Floors : | Mosaic, Tile, Marble |
| Satellite Antena : | --- |
| Heating : | Individual, Air condition |
| Pets acceptable : | Yes |
| Burner : | Natural gas |
| Air conditioning : | Yes |
| Kitchen : | Bright, Modern |
| Bathrooms : | Big, With window, Bright |
| Security door : | Yes |
| Stairs : | Interior |
| Type Power : | Single phase |
| Natural Gas : | Yes |
| Bathrooms (number) : | 2 |
| Floor area 0 : | 128.5 |
| Level Use : | Store, Apartment |
| Floor area 1 : | 75 |
| Level Use : | Apartment |
| Terraces : | Εxclusive use of the terrace |
| Noise : | Quiet |
| Surrounding area : | Close to school, Close to market, Big plot, Quiet area, Close to public transports |
| Tents : | Yes |
| External appearance : | Excellent |
| Garden : | Yes, Proprietary |
| Property area : | 215 |
| Balconies : | Perimeter |
| Storehouse : | Big, In the house |
| Zone : | Residential zone |
| Position : | Corner, Facade |
| Suitable for Vacation House : | No |
| Suitable for Business use : | Yes |
| Suitable for Students : | Yes |
| Hired : | No |
| Quality area : | Excellent |
| Transportation : | Bus, OSE (train) |
| Private Terrace : | Yes |
| Quality construction : | Excellent construction |
| Orientation : | Southeast |
| No. Floors : | 2 |
| Number of apartments : | 2 |
Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500
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