2500 €/sq.m.
An excellent detached residence is offered for sale in the highly sought-after area of Terpsithea, Glyfada, situated on a 406 sq.m. plot with a 12.5-meter frontage and a building coefficient of 1.0, offering significant redevelopment and investment potential. The property comprises a total built area of 300 sq.m., arranged over three levels of 100 sq.m. each, including a semi-basement, an elevated ground floor, and a first floor. Constructed in 1972, the building requires renovation, presenting a unique opportunity for the new owner to redesign and upgrade the property according to modern standards and personal preferences. A key advantage of the property is the additional air rights (right to build further), enhancing its long-term value and development prospects. The residence also benefits from three parking spaces, a valuable feature in this desirable residential neighborhood. Ideally located in a quiet yet well-connected part of Glyfada, the property enjoys easy access to schools, shopping areas, public transportation, and major road networks. Whether intended as a family residence, a multi-unit development, or an investment project, this is a rare opportunity to acquire a property with substantial potential in one of Athens’ most prestigious southern suburbs.
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