3351 €/sq.m.
The property enjoys an excellent location on a quiet street in Kastella, between Zea Marina and Mikrolimano and approximately a two-minute walk from the seafront. It offers open sea views already from the ground-floor level, becoming increasingly impressive from the upper floors and rooftop. The surrounding area offers easy access to the seafront, sports facilities and some of Piraeus’ best restaurants, cafés and wine bars. The property is an entire character building of approximately 373 sq.m., currently divided into three horizontal properties: a ground-floor commercial property, a first-floor property, and a second-floor property together with the rooftop level. The building features high ceilings, distinctive architectural elements and two completely independent entrances. It was occupied until relatively recently and has since been fully cleared of furniture and contents, making it ready for its next renovation and redevelopment. The ground floor, formerly used as a restaurant/bar and currently designated for commercial use, offers potential for conversion into residential use and may benefit from Greece’s €250,000 Golden Visa route for commercial-to-residential conversions, subject to further confirmation. The first and second floors enjoy progressively stronger sea views and offer potential for further subdivision into additional residential units. The property offers considerable flexibility and could be suitable for a developer or investor, a private buyer seeking to create a unique residence or combination of residences, or a company looking for an entire building for its own use. Its layout also allows consideration of a mixed-use concept combining residential and commercial or office space. Overall, the property represents a rare opportunity to reposition an entire building in one of Piraeus’ most desirable residential locations, with strong sea views, proximity to the waterfront and significant redevelopment potential.
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