In the heart of Old Patras, a truly rare property with strong investment potential is available for sale. This is a 200 sq.m. building with dual access from two streets, a feature that ensures high visibility, easy access, and significant commercial added value in an area with continuously growing interest.
The property stands out not only for its location but also for the plot itself, as it includes an additional 110 sq.m. of uncovered space — a highly valuable asset in the city center. This area can be utilized either as an impressive courtyard for hospitality purposes or as private parking space, adding functionality and a strong competitive advantage.
Inside, the 4-meter ceiling height, the 40 sq.m. wooden mezzanine, and the 30 sq.m. basement create a space with character and multiple configuration possibilities. The property requires extensive renovation, giving the new owner the opportunity to fully redesign it according to their own business or investment vision.
However, its greatest advantage also lies in its land value. With a building coefficient of 1.2, it offers the possibility of demolition and new development from scratch — a scenario that opens prospects for the construction of a new multi-purpose building, commercial development, boutique hospitality project, mixed-use development, or a modern investment product with significant future appreciation potential.
Whether as a renovation of a property with history or as the development of a new project in a prime location, this is a rare opportunity with dual value: commercial and developmental.
📍 A property for those who are not simply looking for a space, but for a strong investment asset.
Price: €300,000
KW West
Contact number: 2610222333
Email:
[email protected]