Strategic Land Investment Opportunity – Pikermi, East Attica, Athens Area
Two investment participation rights corresponding to future residential plots of approximately 600 sq.m. each are offered for sale in the ZAA Pikermi urban planning zone, East Attica.
The listed price refers to one participation right. Preferential pricing available for acquisition of both.
The rights belong to a long-established organized residential development association (building cooperative), participating together with other major associations in a large unified land area currently under active urban planning procedures.
The wider Pikermi / East Attica area is currently undergoing significant urban and spatial planning review through official Local and Special Urban Planning frameworks (TPS/EPS), with recent positive developments regarding the future residential integration of the ZAA zone into the broader urban planning structure of the region.
There are also ongoing discussions regarding the coordination and potential unification of the various residential associations in the area, aiming toward organized urban development and the future creation of legally buildable residential properties for participating members.
Key characteristics:
• fully transferable ownership rights
• complete legal transfer chain
• no debts or liabilities
• low annual holding costs
• transfer completed through Greek notary
This offering represents a strategic long-term land positioning opportunity in one of the most dynamically evolving areas surrounding Athens.
The investment thesis is based on the potential future urban maturation and residential integration of the area, which could substantially increase underlying land values over time if the planning process progresses successfully.
Due to the strategic location of Pikermi, near Athens International Airport and Rafina Port, combined with the ongoing urban planning procedures, many participants consider the area to possess significant long-term appreciation potential compared to current acquisition levels.
Important Notice:
This is not currently a directly buildable plot. The offering concerns participation rights connected to future urban planning and potential future residential development within the organized planning framework of the area.
Suitable for:
• long-term investors
• land investors
• developers
• buyers seeking strategic exposure to future Athens-area urban expansion
Price negotiable – Brokers welcome.