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Sale, Land, Parcel

KORIDALLOS - SCHISTO KORIDALLOU

Property Code: 537551

Area 451 m2

70000

Calculate my installment

155.21064301552 € / m2

Modify Date: 25/09/26

Description

When the value of a property is not only about today, but about the potential of tomorrow. An attractive 451 sq.m. plot in Schisto, Korydallos, located in an area currently undergoing urban planning, infrastructure development and strategic connectivity improvements. This is an investment opportunity aimed at investors with a strategic approach and a long-term investment horizon, seeking exposure to an area that may acquire increased investment significance in the years ahead. Schisto is currently one of the areas attracting particular interest within the broader urban planning framework of the Municipality of Korydallos. The Local Urban Plan (Τοπικό Πολεοδομικό Σχέδιο – T.P.S.) of the Municipality of Korydallos is currently underway and examines the future spatial and urban organization of the entire municipality. As part of this process, different spatial development scenarios have been examined, while the future urban organization and development of the Schisto area constitute an important element of the planning process. For an investor, this translates into a particularly interesting characteristic: The area is positioned before the completion of its potential urban transformation. And this is precisely where a significant investment opportunity may emerge — not when development has already been completed, but while the transformation is still taking shape. The area has been classified as non-forest land in the officially ratified Forest Map, according to Government Gazette 952/Δ/12-12-2022. This is an important factor within the broader framework of the area's urban planning and future development. Schisto is not an isolated location. It occupies a strategic position between: PIRAEUS – SCHISTO – SKARAMAGAS – KERATSINI – WEST ATTICA and is functionally connected to important road and freight corridors serving the wider Athens metropolitan area. The broader area is strategically linked to the Port of Piraeus, the freight network of Western Attica and the main road connections towards Thriasio and Northern Attica. The area's development story is not limited to urban planning. The Skaramagas Triple Interchange is already a specific road infrastructure project, involving improvements to the Schisto–Skaramagas interchanges and the connection of Schistou Avenue with the Western Peripheral Avenue of Aigaleo. At the same time, the proposed Elefsina–Oinofyta road corridor is currently undergoing further development and maturation. The proposed approximately 40–45 km corridor is intended to create a new connection between Western Attica and the Oinofyta area, with particular strategic importance for freight transportation from the Piraeus and Schisto area towards Northern Attica. Important: the Elefsina–Oinofyta corridor remains a proposal under development and there is currently no final alignment. In an area where urban planning and transport infrastructure are evolving, a property of this size may represent a strategic position for an investor looking beyond immediate returns and focusing on long-term potential. This is not an investment that should be assessed solely on the basis of today's conditions. The key investment consideration is the potential change in land value in connection with the evolution of the area's planning framework, land uses, infrastructure and broader development. A substantial plot of land in Schisto, Korydallos. The area is currently subject to an active local urban planning process. The future organization and development of the area form part of the ongoing planning process. According to the officially ratified Forest Map. Significant interventions along the Schisto–Skaramagas corridor, together with broader planning for new road connections. A key position between Piraeus, Western Attica and major freight transportation routes. Some properties are purchased for their rental income. Others are purchased for immediate development. And some properties are considered because they are located in areas that may undergo significant transformation in the future. The 451 sq.m. property in Schisto, Korydallos falls into this latter category of investment interest. Today, you acquire land.Tomorrow, you may be looking at a different urban planning reality. For investors with a long-term horizon, investment patience and the willingness to position themselves before the completion of major developments, this property deserves serious consideration. A strategic investment position in an area undergoing transformation. References to future urban development, potential inclusion or expansion into the city plan, building regulations, land uses and capital appreciation relate to ongoing planning processes and future prospects and do not constitute guaranteed outcomes. The property's final development potential will depend on the decisions and approvals of the competent authorities.

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Zone : Residential zone, Residential zone, Craft, Commercial, Ιndustrial, Outside the zoning area
Position : Double frontage, Facade
Noise : Quiet
Building : No
Enclosure : No
Facade street : Asphalt
Building existence : No
Building(s.m.) : 0
Distance from the sea (m) : 8500
Depth : 22
View : Mountain, Unlimited
Building width : 21
Transportation : Bus
Building height : 0
Number of facades : 4
Drilling : No
Slope : Incline
Urban condition : Outside the zoning area
Structure factor : 0
Cover factor : 0
Building permission : No
Good condition : No
Energy Class : F

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

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

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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