Property Overview – Investment Opportunity in Neo Faliro, Piraeus
Address: Neo Faliro, Piraeus 18547, Greece
Plot Size: 147 sq.m.
Price: €210,000
City Plan: Within city plan
Building Coefficient: 2.6 → Buildable area up to approx. 382 sq.m.
Coverage Coefficient: 0.7 → Ground coverage up to approx. 102 sq.m.
Topography: Flat, corner plot with street frontage
Existing Structure: Yes
Suitable for: Development, investment, residential or commercial use
Development Option: Eligible for joint venture (antiparochi)
📍 Strategic Location & Infrastructure
Neo Faliro is one of the most rapidly developing districts of Piraeus, offering excellent connectivity and proximity to key infrastructure:
🚉 Public Transport Access
Metro Line 1 (ISAP): Neo Faliro Station – 500m
Tram Line T7: SEF Station – 5-minute walk
Bus Lines: 040, X80, A1, B1, E90 – 100m from the plot
Suburban Railway (Proastiakos): Direct access to Athens and Airport
Future Metro Expansion: Enhancing connectivity to central Athens
🏥 Hospitals Nearby
Metropolitan Hospital – 700m (3 min drive)
Tzaneio & Metaxa Hospitals – 2.5 km (7 min)
Naval Hospital of Athens – 4.5 km (15 min)
🎓 Universities
University of Piraeus – 2.8 km (10 min)
National Technical University of Athens & University of Athens – 30–40 min via public transport
✈️ Port & Airport Access
Port of Piraeus – 2.5 km (7 min)
Athens International Airport (El. Venizelos) – 45 min via car or suburban rail
🏙️ Points of Interest
Karaiskakis Stadium & SEF Arena – 300m
Faliro Waterfront & Marina – 600m
Shops, supermarkets, and commercial hubs – within 500m
Direct access to major roads: Pireos Avenue, Poseidonos Avenue, National Highway
💼 Investment Potential
This plot offers exceptional development prospects due to:
High building coefficient (2.6)
Corner visibility and accessibility
Proximity to transport, hospitals, universities, and the port
Rising demand in Neo Faliro due to urban upgrades and coastal redevelopment
🔎 Conclusion – Strategic Investment Opportunity in Neo Faliro, Piraeus
This 147 sq.m. corner plot in Neo Faliro presents a rare opportunity for development or investment, thanks to its prime location, high building coefficient (2.6), and direct access to key infrastructure.
Its proximity to metro, tram, hospitals, universities, the port, and the coastal front—combined with the area's ongoing urban growth—makes it ideal for:
Joint venture development (antiparochi)
Residential or commercial construction
Short-term rental exploitation (e.g., Airbnb)
📈competitively positioned with strong potential returns in a rising urban zone.