NIKEA - AGIOS IOANNIS CHRISOSTOMOS
Property Code: 545021
NIKAIA – EXCEPTIONAL DEVELOPMENT OPPORTUNITY, JUST 300 METRES FROM THE METRO STATION Located in a privileged area of Nikaia, in a quiet residential neighbourhood and within close proximity to the main 25th Martiou Avenue (formerly Kondyli Street), this 175 sq.m. plot offers excellent potential for residential development. The property benefits from a building coefficient of 2.6 and an impressive 13-metre frontage, offering a particularly attractive opportunity for developers and investors. Its strategic location, just 300 metres from Nikaia Metro Station, combined with its development potential, makes it an ideal choice for the construction of a modern residential apartment building. The development concept could include spacious apartments of approximately 90 sq.m. per floor or, alternatively, two independent apartments of approximately 45 sq.m. each per floor, subject to architectural design and applicable planning regulations. With easy access to public transportation, local shops and everyday amenities, the property offers excellent prospects for both residential use and investment exploitation. A compelling investment opportunity in a highly accessible location, ideal for those seeking to develop a modern residential project in Nikaia.
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| Distance from the sea (m) : | 5000 |
| Depth : | 14 |
| Zone : | Residential zone |
| Position : | Facade |
| Noise : | Quiet |
| Building width : | 13 |
| Building : | Yes |
| Enclosure : | Yes |
| Facade street : | Asphalt |
| Transportation : | Bus, Metro |
| Building existence : | Yes |
| Building(s.m.) : | 455 |
| Building permission : | No |
| Good condition : | Yes |
| Building height : | 21 |
| Number of facades : | 1 |
| Drilling : | No |
| Slope : | Level |
| Benefits : | Electric, Water, Phone, Drainage |
| Urban condition : | Inside the zoning area |
| Structure factor : | 2.6 |
| Cover factor : | 0.7 |
| 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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