Land Plot for sale Gkazi - Metaxourgeio - Votanikos, € 600,000, 165 m²

KERAMEIKOS – HISTORIC CENTRE | 165 SQ M PLOT WITH 250.82 SQ M REMAINING BUILDABLE AREA | INVESTMENT OPPORTUNITYIn an excellent and particularly up-and-coming location in the historic centre of Athens, in the Kerameikos area, a plot with a total surface area of 165 sq m is available for sale, offering significant remaining buildable area and multiple development possibilities.
The property is situated in a prime location, just 300 m from Thiseio Metro station and 400 m from Kerameikos Metro station, in an area with strong commercial and tourist activity, growing investment interest and significant development potential.
PROPERTY FEATURESPlot area: 165 sq m
Building coefficient: 2.20
Total permitted buildable area: 363 sq m
Existing built area: 112.18 sq m
Remaining buildable area: 250.82 sq m
Maximum permitted height: 15.50 m
The plot includes a single-storey detached house with a total surface area of 112.18 sq m, comprising two independent residences measuring 54.50 sq m and 57.68 sq m respectively.
DEVELOPMENT POSSIBILITIESThe property offers two main alternative development scenarios:
1. Retention of the existing structure
By retaining the existing single-storey structure, it is possible to add three additional floors, utilising the available building coefficient. The development could include up to five additional loft studios of approximately 50 sq m each, creating a complex of seven residences in total, including the two existing ones.
2. Reconfiguration of the plot and new development
Alternatively, by demolishing part of the existing structure, measuring approximately 7.41 x 4.35 m (32.23 sq m), a larger open space can be created in the courtyard, allowing for a different architectural development.
Under this scenario, the ground-floor footprint would be approximately 88 sq m, while there would be the possibility of adding four floors with a total surface area of approximately 275 sq m, allowing for the creation of up to eight studios of 30–35 sq m each. Together with the two existing residences, this creates the potential for a complex of ten units in total.
A particular advantage is the possibility of views towards the Acropolis from the second floor upwards, a feature that enhances the added value of the future development.
PERMITTED USES & INVESTMENT PROSPECTSAccording to the available planning information, permitted uses include:
Residences and flats.
Letting rooms.
Cafés and dining venues.
Confectioneries and traditional restaurants.
Retail shops and offices.
There is also the possibility of converting the ground floor into professional premises or food and beverage establishments, with the use of an additional external area of approximately 50 sq m, subject to the required approvals.
A LOCATION WITH STRONG DEVELOPMENT POTENTIALKerameikos and the wider historic centre area constitute one of the most interesting urban destinations in Athens, combining easy access, tourist activity, cultural attractions, dining venues and a contemporary urban lifestyle.
The area is of interest for residential, tourism and commercial investments, while its proximity to two Metro stations offers a significant accessibility advantage.
An ideal choice for investors and developers seeking a property with significant remaining buildable area, multiple-use potential and the prospects of creating a contemporary residential or mixed-use investment project in the historic centre of Athens.
SALE PRICE: €600,000 €


For more information, please call us on 211 0124800 / 6972 811258 / info@kspreal.com
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