Building for sale

Property overview

Located in Drapetsona, Athens, a suburb and a former municipality in the southwestern part of the Piraeus, and an excellent area full of life, this amazing investment opportunity of a plot with an old 2-storey building can be turned into a prosperous project or just renovated into an amazing home! The old building provides 170sqm of living space and, though it needs renovation, can be used as it is. More specifically, the ground floor is divided into a store and an apartment. The store space is 36sqm and the apartment 67sqm. The first-floor apartment is 70sqm. As an alternative, one can tear down the old building and take advantage of the great building factor of 2.8 and build a new bigger building up to 364sqm! The property is in a very good neighborhood, in Eleftheriou Venizelou, and it’s an ideal spot for a new residential building, in a part of a city that’s full of life and overgrowing. Drapetsona is located close to the Piraeus train station and, more specifically, lies 2 km west of Piraeus, and 10 km southwest of Athens city center. Drapetsona is a modern area full of life and a place where you can wander down its narrow streets and gaze at the port from above. Piraeus is much more than just a port. It’s a city in its own right. Piraeus is known for its archaeological sites, stunning sea views, and some of the best fish restaurants in Athens. IM597