Category:
Land Plot
Location:
Piraeus » Pasalimani
Price per sqm:
€ 2685 /sqm
Area:
108 sqm
Residential zone:
Residential
Distance from sea (m):
200 meters
Modified:
1 month ago
Views:
31
Link:
www.plot.gr/53784911
Telephone:
Online Finance
Description
An exceptional investment opportunity is available for sale in one of Piraeus's most desirable residential districts. This is a "Ready-to-Build" property, offering a significant advantage by exempting the buyer from time-consuming bureaucratic procedures and initial development costs.
Technical Specifications & Development Project
The plot comes with a complete file and an already issued building permit for the construction of a modern residential building consisting of four (4) units:
3 Floor-Through Apartments: Approx. 55 sq.m. each (1st, 2nd, and 3rd floor).
1 Luxury Duplex (Penthouse): Approx. 80 sq.m. total (4th floor: 45 sq.m. & 5th floor: 35 sq.m.).
Basement: 4 storage units (5 sq.m. each).
Parking: 2 designated parking spaces on the ground floor (Pilotis), already registered in the National Cadastre, with provision for an additional parking area (added asset). Municipal fees for the remaining parking requirements have been fully settled with the Municipality of Piraeus.
Key Investment Advantages (Added Value)
This project is uniquely positioned for immediate start, as the following have already been completed and paid for:
Demolition of the pre-existing structure and issuance of all relevant permits.
Complete architectural, structural, and electromechanical studies.
Site Preparation (August 2025): Reinforcement and plastering of adjacent buildings’ walls have been finalized, making the plot fully ready for excavation.
Active utility connections (EYDAP water supply and temporary construction-site electricity).
Location & Views
Situated in a serene residential neighborhood in the heart of Piraeus’s maritime and commercial hub:
Sea Views: The upper levels (3rd floor and the 4th-5th floor duplex) offer unobstructed sea views.
Accessibility: Within walking distance to the Metro station, the University of Piraeus, Alexandra Square, and the popular beaches of Votsalakia and Mikrolimano.
Investment Verdict
This property offers a high Expected Return on Investment (ROI). It combines low entry risk (immediate construction) with high demand for new-build apartments in the area—whether for private residence or rental exploitation (long-term or short-term/Airbnb). The buyer benefits significantly from the total exemption from initial study, permit, and preparation costs.
For further information, technical drawings, or to schedule a site visit, please contact us.