Building for Investment in Nea Smyrni

€ 1,266 /m²
€ 1,500,000

Description

This investment building opportunity in Nea Smyrni features a well-located building of 1,185 m², just on Syggrou Avenue, ideal for residential or commercial development. The building spans 7 levels, including a basement, 5 floors, and a doma. The 1st and 4th floors each cover 213m², while the 5th floor covers 150m². All floors are floor-through, with two WCs and a kitchen, and are generally in good condition.The building is suitable for a hotel or apartments offering significant potential for renovation or redevelopment, making it an excellent choice for investors looking to capitalize on the area’s growing demand for modern urban living.

Nea Smyrni is a vibrant and green suburb of Athens, known for its blend of modern amenities and rich cultural heritage. Featuring beautiful parks, such as Alsos Nea Smyrni, and a lively town square, it offers a welcoming atmosphere for residents and visitors alike. Its proximity to the city center, along with its cafes, shops, and cultural venues, makes Nea Smyrni a desirable place to live.

Energy Class: D
A++
A+
A
B
C
Energy class D
D
E
N/A

Other Features
Aluminum Frames
Double Glass
Street View

Property Id: 37358
Price: € 1,500,000
Price Info: € 1,266 /m²
Property Size: 1,185 m2
ID: LIV0924705
Year Built: 1980
Location Description: Nea Smyrni is a vibrant and green suburb of Athens, known for its blend of modern amenities and rich cultural heritage. Featuring beautiful parks, such as Alsos Nea Smyrni, and a lively town square, it offers a welcoming atmosphere for residents and visitors alike. Its proximity to the city center, along with its cafes, shops, and cultural venues, makes Nea Smyrni a desirable place to live.
Property Description: This investment building opportunity in Nea Smyrni features a well-located building of 1,300 m², just on Syggrou Avenue, ideal for residential or commercial development. The building offers significant potential for renovation or redevelopment, making it an excellent choice for investors looking to capitalize on the area’s growing demand for modern urban living.

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