Commercial building for sale in Kifisia, specifically in the Kato Kifisia area. The property consists of two levels (semi-basement and elevated ground floor) with a total area of 1,430 sq.m., situated on a 2,800 sq.m. plot, within a residential zone.The building was constructed in 1980 and renovated in 1994. It offers remaining building capacity, a private water drilling (borehole), passenger and freight elevators, WC and restroom facilities, a dining area, and internal storage spaces.
The asset is particularly suitable for conversion into a residential complex with multiple apartments, addressing the strong demand for housing in the north suburbs of Athens.
The surrounding area is experiencing steady residential growth, driven by:
Proximity to the Public Transports,to public and private schools (St Catherine's 2,5klm, ISA 3.5klm)
Direct metro access to Athens ,Kifissia Station 3klm
Increasing demand for suburban residential developments
Golden Visa Investment Opportunity
The property also qualifies for the Greece Golden Visa Program. Since it is a former industrial building that can be fully converted into residential units, it benefits from the €250,000 investment threshold, making it particularly attractive to international investors seeking residency in Greece.
Key Investment Highlights
Plot size: 2.800 sq.m.
Total building area: 1,728 sq.m.
Expansion potential: +500 sq.m. additional floor
Located in pure residential zoning
Ideal for apartment development or residential complex
Eligible for Golden Visa investment scheme
Additional features include:
Storage room
Internal staircase
Garden
Emergency exit
Energy Certificate: Category E
Price: €2,800,000
Property Code: 2054555
Contact: RE/MAX Properties Investment Phone: +30 210 6896940 Email:
[email protected]: www.remaxpi.gr