NIKEA - AGIOS GEORGIOS
Property Code: 541771
INVESTMENT OPPORTUNITY – UNFINISHED BUILDING IN NIKAIA | NEAR METRO An unfinished investment building is available for sale on a main road in Nikaia, within walking distance of a metro station. The property offers significant investment potential, making it an excellent opportunity for investors interested in residential development, rental income, property resale, or conversion projects eligible for the Greek Golden Visa program. **Property Layout:** - **Basement:** 84 sq.m., designated as storage space. - **Ground Floor:** 83.22 sq.m., commercial unit featuring an enclosed mezzanine level and exceptionally high ceilings. - **1st Floor:** 56.75 sq.m., independent apartment. Due to the elevated ground-floor ceiling height, this level is positioned significantly higher than a typical first floor, giving it the feel of a second floor. - **2nd & 3rd Floors:** Duplex maisonette with a total area of 79.99 sq.m. **Total Area: 303.96 sq.m.** **Investment Potential:** One of the property's key advantages is the possibility of converting the ground-floor commercial space into residential use, potentially qualifying for the Greek Golden Visa program, subject to applicable legal and planning requirements. The building also offers opportunities for redevelopment and reconfiguration, including the potential creation of two independent maisonettes, subject to technical assessment and necessary approvals. Its strategic location on a main road, proximity to public transportation, and flexible layout make it particularly attractive for investors seeking to develop multiple residential units, generate rental income, or achieve capital appreciation through resale. **Golden Home – Real Estate** *Disclaimer: All property measurements and information are based on available documentation and are subject to verification. Any change of use, subdivision, redevelopment, or Golden Visa eligibility must be confirmed by qualified engineers and legal professionals. The map location is approximate and may not indicate the property's exact address.*
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| Boiler : | --- |
| Playroom : | Bright |
| WC : | With window |
| Drainage : | Sewer |
| Elevator : | Interior |
| Floors : | Cement mortar |
| Computer network : | --- |
| Satellite Antena : | --- |
| Solar heater : | Preinstallation |
| Heating : | Without elevator heating |
| CCTV : | Installation |
| Pets acceptable : | Yes |
| Stairs : | Interior |
| Phone center : | Preinstallation |
| Type Power : | Single phase |
| Natural Gas : | --- |
| Kitchen : | Bright |
| Kitchen (number) : | 4 |
| Property area : | 84.68 |
| External appearance : | Good |
| Noise : | Quiet |
| Balconies (s.m.) : | 46.36 |
| Surrounding area : | Close to school, Close to market, Close to public transports |
| Storehouse : | Yes |
| Zone : | Residential zone |
| View : | Unlimited |
| Positions Parking (number) : | 0 |
| Position : | Corner |
| Suitable for Vacation House : | Yes |
| Suitable for Business use : | Yes |
| Suitable for Students : | Yes |
| Property status : | Unfinished |
| Hired : | No |
| Quality construction : | Excellent construction |
| Quality area : | Good |
| Orientation : | Meridian |
| Penthouse : | Yes |
| Transportation : | Bus, Metro |
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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