Description
Building for sale in Psychiko Athens. Nestled within the prestigious neighborhood of Psychiko, renowned for its elegance and sophistication, this property embodies the epitome of refined living in Athens. Spanning a generous plot size of 1,421 square meters, this prime piece of real estate offers an exceptional opportunity for development in one of the city's most sought-after locales.
With a building factor of 0.6, the potential for construction extends up to 396 square meters, allowing for the creation of a bespoke residence or a distinguished commercial establishment. Whether you envision a luxurious villa surrounded by manicured gardens or a stylish office building commanding attention, the possibilities are endless.
Constructed in 1960, the existing building, in need of restoration, offers a solid foundation upon which to build and customize according to your preferences. With auxiliary spaces including a garage, convenience is seamlessly integrated into the property's design.
Situated amidst the leafy streets and grand residences of Psychiko, this property provides an unrivaled opportunity to immerse yourself in the timeless charm and sophistication of one of Athens' most prestigious neighborhoods. Embrace the chance to create a masterpiece that harmonizes modern luxury with the classic elegance of Psychiko, setting a new standard for refined living in the heart of the city.
Building for sale in Psychiko Athens. Location Information:
Psychiko is a town and a suburb in the Athens agglomeration, Greece. Since the 2011 local government reform, it is part of the municipality Filothei-Psychiko, of which it is the seat and a municipal unit. The municipality has an area of 2.776 km2
Psychiko is located 5 km northeast of Athens city center. It is a strictly residential suburb of Athens, with commercial businesses allowed only within two small designated zones, the "Nea Agora" (New Market) and the "Palaia Agora" (Old Market), with current regulations also restricting buildings to full detachment, and a maximum of 3 floors.
Psychiko was historically the home of aristocrats, members of the Greek royal family, and generally old-money people.
The area remains one of the wealthiest suburbs of Athens, with very high land value, and several embassies, particularly of rich Middle Eastern countries, to be found located in Psychiko, and neighboring Filothei.
This was once home to Queen Frederica of the Hellenes, until the military coup d'état of 1967. Andreas Papandreou and his wife Margaret also lived in Psychiko before the dictatorship.
In recent decades, however, many prominent families choose to build their houses in the southern, seaside suburbs, like Glyfada or Vouliagmeni.
Some private schools are located in Psychiko: Athens College and Psychiko College, Moraitis School, the Arsakeio, and the Varvakeio.
You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.
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