🔑Property Description
A plot of 1,601.52 sq.m. is for sale in Petralona, which is reserved as a site for the construction of a school unit. However, it is envisaged that an application for automatic lifting of the expropriation can be submitted upon completion of the envisaged fifteen-year period, namely in October 2026, which gives the property significant future investment prospects.
Within the plot there is an old commercial building of 1,550 sq.m., which in any development scenario is considered to be demolishable, allowing for the complete redesign and optimal exploitation of the property.
The plot is located in a particularly pivotal point in the wider area of Piraeus Street, one of the most central and highly visible arteries of Athens. Today, along Piraeus Street, important cultural buildings can be found, such as the Michael Cacoyannis Foundation Multi-purpose Hall, shopping malls, department stores, modern office buildings as well as a multitude of dining and entertainment venues, enhancing the dynamic character of the area and the demand for new developments.
🏡Additional features:
Trapezoidal shape with a gentle downward slope from east to west, three-sided with a face of 7.74 m. on Piraeus Street, 65.70 m. on Aegidon Street and 40.98 m. on Alkminis Street, land use General Residence (excluding hotel units, warehouses and car garages), possibility of constructing a new building with a total area of up to 3,683.50 sq.m. with a coverage factor of 60% (960.91 sq.m.), direct access to OASA stops.
📍Location description
The area of Petralona and the Piraeus axis is one of the most important hubs of Athens, combining authentic urban vitality with everyday convenience. It is a location that perfectly serves the needs of a modern lifestyle, offering an excellent residential and business environment with direct access to the historic center and the main arteries of the city.
In the field of education, the neighborhood is covered by a complete network of school units of all levels. The 51st Kindergarten of Athens is just a 3.5-minute walk away, while the 81st and 149th Primary Schools of Athens are 5.5 and 6 minutes away respectively. In addition, the 62nd Athens High School and the 137th Athens Primary School offer easy access at a distance of approximately 8.5 to 9 minutes.
In terms of nature and recreation, residents enjoy beautiful green spaces and relaxation in very close proximity. Labor Day Square and Opening Square are just 6 to 7 minutes away, offering ideal spots for walking, relaxation and socializing within the urban fabric.
In the health sector, the area ensures the immediate coverage of daily pharmaceutical care needs. Residents have easy and quick access to local clinics and pharmacies in the neighborhood, at a distance of approximately 10 minutes on foot.
The local market offers complete autonomy for everyday shopping with a multitude of choices. The bakery is just 4.5 minutes away, while grocery stores, supermarkets and fruit shops are 6 to 7 minutes away.
🟢 GREEN Living & Quality of Life
🚶 Walkability Index & Points of Interest
The property's location has an excellent Walkability score of 93%.
Specifically, with less than 15 minutes of walking you have access to:
🌳 Park: 6-7 minutes
🏫 Schools: 3.5-9 minutes
🍽️ Restaurants: 4-7 minutes
🛒 Supermarket: 4.5-7 minutes
🏥 Hospitals: 10 minutes
🗓️ Property Visit
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🔗 Property Link:
https://green-estate.gr/en/properties/plot-of-land-for-sale-petralona-2160618
🟢 GREEN Estate
💻 www.green-estate.gr
📞 +30 210 0100649 | 💬 +30 694 7115712
✉️ info@green-estate.gr
For more information, do not hesitate to contact us!
Our technical department TOPO GES can support you throughout the entire purchase process with experienced:
🧑🔧 Engineers
⚖️ Lawyers and Notaries
The services we provide include:
🔨 Renovations and energy upgrades
🏦 Financing through interconnection with specialized mortgage advisors.