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🏗️ Development Opportunity in Piraeus, Athens
Payable Over 10 Years

Spread the balance over 10 years
No mortgage required
No interest payable

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💰 Priced at €230,000
📆 Payable over 120 months at €1,916 per month

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📍 Prime Location – Piraeus (Athens), Greece

Located in Piraeus, the main port of Athens and one of the most strategically important and high-demand areas in Greece. This is where all the major ferry routes connect to the Greek islands, making it a constant hub of tourism, business, and investment.

 

🚶‍♂️ Only 13 minutes walk to the ferry port
🚌 Bus stop just 50 metres from the property
🚇 Main metro line only 500 metres away (direct to Athens city centre & airport)
✈️ 45 minutes to Athens International Airport

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From here, you can easily travel to islands such as Santorini, Mykonos, Crete, Paros, and Rhodes – making this location ideal for short-term rentals, long-term tenants, or future development.

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🏡 The Property

Set on a 210m²+ plot, this property offers a rare opportunity to create significant value in one of Athens’ fastest-moving areas.

 

It consists of two separate houses:

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🏠 Back House (Refurbished & Habitable)
✔️ Approx. 67m²
✔️ 2 bedrooms
✔️ Large kitchen with new appliances
✔️ Living room overlooking courtyard 🌿
✔️ 3m high ceilings
✔️ Fully functional bathroom with updated plumbing
✔️ Private enclosed yard (approx. 60m²)

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💶 Potential rental income of €600+ per month

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🏚️ Front House (Development Potential)
✔️ Built in 1932
✔️ Requires full renovation or demolition
✔️ Solid structure with thick 60cm walls
✔️ Ideal for redevelopment

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🏗️ Major Development Upside

✔️ Permits in place to build up to 5 floors
✔️ Ideal for apartments, rental units, or resale project
✔️ High-demand urban location with strong rental yields
✔️ Perfect for developers or investors looking to add value quickly

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📐 Layout & Floor Plan

The floor plan shows the layout of both properties, with the refurbished house positioned at the rear and the front structure facing the street.

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The entrance leads through to the rear property, with access to the yard and internal living areas.

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📍 Local Amenities (All Within Walking Distance)

🛒 Supermarket – 200m
☕ Cafés & bakeries – 50m
🍽️ Restaurants & shops – 80m
💊 Pharmacy – 65m
🔧 Hardware store – 60m

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Excellent public transport links with multiple bus routes and metro access nearby

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🌍 About Piraeus & Athens

Piraeus is not just a port – it’s a major economic and tourism hub that continues to grow year after year.

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✔️ Gateway to the Greek islands
✔️ Strong demand for rental property
✔️ Close to Athens city centre (approx. 15–20 minutes)
✔️ Surrounded by history, culture, and world-famous landmarks

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From here, you are within easy reach of:
🏛️ The Acropolis
🏛️ The Parthenon
🏛️ Ancient Agora
🎭 Museums, nightlife, shopping & restaurants

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🌞 Lifestyle & Investment Appeal

☀️ 300+ days of sunshine per year
🌊 Beaches and coastline nearby
🍷 World-class food, culture, and relaxed lifestyle
📈 Strong tourism market driving rental demand

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💡 Why This Property Stands Out

✔️ Immediate rental income potential
✔️ Huge development upside (build up to 5 floors)
✔️ Prime location near port & transport
✔️ Flexible use – live, rent, or develop
✔️ Below market value opportunity

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💬 Perfect For:

🏗️ Developers
💼 Investors
🌍 International buyers
🏡 Anyone looking for a Greece base with upside

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📩 Enquire now before it’s secured

PROPERTY LOCATION

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