Greece

Development Opportunity in Piraeus, Athens
Payable Over 10 Years

Spread the balance over 10 years
No mortgage required
No interest payable

💰 Priced at €230,000
📆 Payable over 120 months at €1,916 per month

📍 Prime Location – Piraeus (Athens), Greece

Located in Piraeus,  the main port of Athens and one of the most strategically important and  high-demand areas in Greece. This is where all the major ferry routes  connect to the Greek islands, making it a constant hub of tourism,  business, and investment.

🚶‍♂️ Only 13 minutes walk to the ferry port
🚌 Bus stop just 50 metres from the property
🚇 Main metro line only 500 metres away (direct to Athens city centre & airport)
✈️ 45 minutes to Athens International Airport

From here, you can easily travel to islands such as Santorini, Mykonos, Crete, Paros, and Rhodes – making this location ideal for short-term rentals, long-term tenants, or future development.

🏡 The Property

Set on a 210m²+ plot, this property offers a rare opportunity to create significant value in one of Athens’ fastest-moving areas.

It consists of two separate houses:

🏠 Back House (Refurbished & Habitable)
✔️ Approx. 67m²
✔️ 2 bedrooms
✔️ Large kitchen with new appliances
✔️ Living room overlooking courtyard 🌿
✔️ 3m high ceilings
✔️ Fully functional bathroom with updated plumbing
✔️ Private enclosed yard (approx. 60m²)

💶 Potential rental income of €600+ per month

🏚️ Front House (Development Potential)
✔️ Built in 1932
✔️ Requires full renovation or demolition
✔️ Solid structure with thick 60cm walls
✔️ Ideal for redevelopment

🏗️ Major Development Upside

✔️ Permits in place to build up to 5 floors
✔️ Ideal for apartments, rental units, or resale project
✔️ High-demand urban location with strong rental yields
✔️ Perfect for developers or investors looking to add value quickly

📐 Layout & Floor Plan

The floor plan shows the layout of both properties, with the refurbished house positioned at the rear and the front structure facing the street.

The entrance leads through to the rear property, with access to the yard and internal living areas.

📍 Local Amenities (All Within Walking Distance)

🛒 Supermarket – 200m
☕ Cafés & bakeries – 50m
🍽️ Restaurants & shops – 80m
💊 Pharmacy – 65m
🔧 Hardware store – 60m

Excellent public transport links with multiple bus routes and metro access nearby

🌍 About Piraeus & Athens

Piraeus is not just a port – it’s a major economic and tourism hub that continues to grow year after year.

✔️ Gateway to the Greek islands
✔️ Strong demand for rental property
✔️ Close to Athens city centre (approx. 15–20 minutes)
✔️ Surrounded by history, culture, and world-famous landmarks

From here, you are within easy reach of:
🏛️ The Acropolis
🏛️ The Parthenon
🏛️ Ancient Agora
🎭 Museums, nightlife, shopping & restaurants

🌞 Lifestyle & Investment Appeal

☀️ 300+ days of sunshine per year
🌊 Beaches and coastline nearby
🍷 World-class food, culture, and relaxed lifestyle
📈 Strong tourism market driving rental demand

💡 Why This Property Stands Out

✔️ Immediate rental income potential
✔️ Huge development upside (build up to 5 floors)
✔️ Prime location near port & transport
✔️ Flexible use – live, rent, or develop
✔️ Below market value opportunity

💬 Perfect For:

🏗️ Developers
💼 Investors
🌍 International buyers
🏡 Anyone looking for a Greece base with upside

📩 Enquire now before it’s secured