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Send MessageNIKEA - NEKROTAFIO
Property Code: 526770
Prime Corner Plot for Development in Nikaia – Excellent Investment Opportunity A unique corner residential plot of 197 sq.m. is available for sale in a highly desirable location in Nikaia, close to Grigoriou Lambraki Avenue and near the Nikaia Cemetery, offering easy access to major roads, public transportation, shops, and everyday amenities. The property benefits from dual frontage of 5 m. and 18 m., providing excellent visibility and development flexibility. Within the plot there are two existing electrified buildings: a 67 sq.m. residence and a 48 sq.m. commercial shop, both currently connected to utilities and suitable for immediate use or redevelopment. With a building coefficient of 1.8 and a development potential of approximately 360 sq.m., this property presents an outstanding opportunity for investors, developers, and private buyers seeking a strategically located asset with strong future value. A rare corner property combining location, commercial exposure, existing structures, and significant development potential in one of Nikaia’s well-connected areas.
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| Zone : | Residential zone |
| Position : | Corner, Double frontage, Facade |
| Building width : | 18 |
| Building existence : | Yes |
| Building(s.m.) : | 360 |
| Depth : | 11 |
| Facade street : | Asphalt |
| Transportation : | Bus |
| Good condition : | Yes |
| Slope : | Level |
| Structure factor : | 1.8 |
| Urban condition : | Inside the zoning area |
| Number of facades : | 2 |
| Cover factor : | 60 |
| Energy Class : | F |
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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