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Land Plot for Sale

Palaio FaliroAgiou Alexandrou 175 61 Palaio Faliro
€ 1,345,000
424 m²

Note

Listing updated on 09/04/2024
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: EK-5844787

For Sale by Owner New Reduced Price Extremely Competitive Investment Opportunity! Price as Noted or Best Offer Location, location, location! • An excellent investment opportunity for those looking to either invest or live in one of the BEST NEIGHBORHOODS of the Athenian Riviera, in a family-friendly seaside suburb that still maintains its authenticity. • The property (plot with a two-story building), located 500m from the beach (avoiding the noise of Poseidonos coastal avenue) and 200m from the center of Palaio Faliro, is a real opportunity, ideal for buyers seeking high returns on their investment and for families wishing to live near the sea but also close to the center of Athens without the noise and chaos of the big city. Ideal Investment Potential: • The neighborhood has significantly benefited from the redevelopment and design of Flisvos Marina, the Stavros Niarchos Foundation, and the current development of the giant “Ellinikon” (the largest urban regeneration project in Europe), making it the top choice for real estate investors at an affordable price compared to similar neighborhoods in the most southern suburbs of the Athenian Riviera. Additionally, the property is close to Flisvos Marina (900m), where marine investment business offices offer additional investment opportunities. • Available plots with similar dimensions in such a prime neighborhood are dwindling daily. • The recent increase in Golden Visa in Palaio Faliro, according to "K," suggests a "shift of investors towards more modern constructions, a development likely to accelerate the rate of increase in the selling prices of newly built homes." • With the additional "bonus areas" of NOK, the plot may build considerably more square meters. • The property offers excellent rental income potential from newly constructed apartment homes due to its prime location, making it an attractive option for international investors looking to capitalize on Greece's booming tourism and real estate markets. Accessibility: • The property is ideally located next to the center of Palaio Faliro and close to the beaches. • It offers easy access to trams and buses, being just 5 km from the center of Athens, 15 minutes by car from the port of Piraeus (offering the possibility of a quick escape to the islands), and 45 minutes by car from the international airport (avoiding the airplane noise pollution of other southern suburbs). • International buyers will find the transaction process straightforward, with numerous local services available to assist with legal and financial matters. Unique Features: • The property is located close to the longest coastal promenade of the Athenian Riviera (at least 5 km long) with many beaches, marinas, playgrounds, outdoor gyms, amusement parks, and seasonal cultural events. • It is situated in a neighborhood with many trees and is not surrounded by tall apartment buildings. • It is close to schools, gyms, shops, cafes, restaurants, patisseries, banks, pharmacies, medical care, optical stores, etc., and is next to the local farmers market. • The vibrant expat community in the area ensures a welcoming environment for international residents. The location on the map is approximate. If interested, please contact us via email for the exact location.
Features
Contract
Sale | Income property
Type
Land Plot
Surface
424 m²
Street access / right of way
On the motorway
Other features
  • Exposure north, east
Price information
Price
€ 1,345,000
Price per m²
3,172 €/m²
Discover every corner of the property
+12 photos
Additional options

Contact the advertiser

Private person