Description
Building for sale in Piraeus. Located next to the suburban railway station, this 530 sq.m. building presents a rare value-add opportunity in one of Piraeus’ most strategically connected areas. Constructed in 1962, the property offers immediate income potential combined with future development upside, including the possibility to construct a third floor.
The building is developed across multiple functional levels and consists of two basement spaces of 34.5 sq.m. and 115 sq.m., suitable for storage or auxiliary use. On the ground floor, there are two retail shops of 22.6 sq.m. and 33 sq.m., benefiting from street-level exposure, alongside two ground-floor apartments of 65 sq.m. and 63 sq.m., offering residential flexibility.
The first floor includes three apartments of 54 sq.m., 47 sq.m., and 48 sq.m., while the second floor hosts three additional apartments of 91 sq.m., 58 sq.m., and 48 sq.m. The mix of unit sizes supports diversified rental strategy, appealing to singles, couples, and small families.
The property does not feature an elevator, which aligns with its 1962 construction period, yet its structure and layout provide strong repositioning potential. The adjacency to the suburban railway station significantly enhances accessibility to central Athens and the greater Attica region, reinforcing rental demand and long-term capital appreciation.
A multi-unit residential and commercial building with expansion potential in a transit-oriented location of Piraeus—ideal for investors seeking steady income today and development flexibility for tomorrow.
Building for sale in Piraeus. Location Information:
Renti is a vibrant neighborhood located in the southern part of Athens, Greece. Here are some key features and information about Renti:
Renti is situated in the southern suburbs of Athens, offering convenient access to the city center and the coastal areas of the Athens Riviera.
The neighborhood is well-connected by public transportation, including buses and the Athens Metro. This makes commuting to the city center or other parts of Athens easy and efficient.
Renti boasts a variety of amenities, including shops, supermarkets, restaurants, cafes, banks, pharmacies, and more. Residents can find everything they need within close proximity.
Despite being a densely populated area, Renti features several parks and green spaces where residents can relax and enjoy outdoor activities.
The housing options in Renti range from apartments to detached houses. Whether youre looking for a modern apartment or a traditional house with a garden, you can find suitable options in this neighborhood.
Renti has a diverse community, with residents from different backgrounds and cultures. The neighborhood has a lively atmosphere and is known for its sense of community spirit.
The cost of living in Renti is relatively affordable compared to some other neighborhoods in Athens. This makes it an attractive option for individuals and families looking for affordable housing options.
Overall, Renti offers a desirable living environment with its convenient location, amenities, and diverse housing options, making it a popular choice for renters in Athens.
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