🏢 Commercial & Residential Property on a Prime Plot – Ilioupoli, Athens | Price: €500,000 🔹 Land size: 300 sq.m. 🔹 Existing structure: Ground floor & first floor 🔹 Usage: Commercial (restaurant) + Residential 🔹 Income-producing asset – Ground floor leased as a traditional seafood tavern 🔹 Development potential: Up to approx. 540 sq.m. total buildable area (subject to confirmation of building coefficient) 🏗️ Ideal for Investors & Developers This property offers excellent prospects for capital appreciation and rental income. Possible development options include: Maintain the leased commercial space and renovate the upper floor into a residence or Airbnb Add floors according to local zoning and building allowance Demolish and construct a new residential or mixed-use building Suitable for Golden Visa investment, private developers, or real estate funds 🌇 Location – Ilioupoli, Athens Ilioupoli is one of the most well-organized and green suburbs of Athens, located just 6 km from the city center. The area offers a perfect blend of urban convenience and suburban tranquility. 🔸 Direct access to Vouliagmenis Ave. & Ymittou Ring Road 🔸 Bus stops within walking distance 🔸 5 minutes by bus to Ilioupoli Metro Station (Line 2) 🔸 15 min to Syntagma Square, 25 min to Athens International Airport 🔸 Schools, supermarkets, parks, shops, and restaurants within 500 m radius 🔸 Area is experiencing growth due to urban renewal plans and metro line expansion 💡 Why Invest Here? ✅ Stable rental income from commercial tenant ✅ Excellent location with long-term appreciation potential ✅ High demand for new housing and mixed-use developments ✅ Multiple investment scenarios: renovation, expansion, redevelopment ✅ Increasing value due to infrastructure upgrades in the area 📞 For further information or to arrange a viewing: SAMI REAL ESTATE GROUP 🌐 samirealestate-greece.com | sami-realestate.gr 📞 +30 211 425 4814 | +30 690 792 5488 📧 [email protected]
1666 €/sq.m.
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