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Development Land in Athens, Greece
587,000€
Plot for sale in Gazi, with Building Permit (issued February 2024) and approval of the Council of Architecture for 5 luxury residences 92~119 sq.m. on 8 levels, with parking and storage. Total area of apartments 533 sq.m. Distance 1.8 km from the Parthenon and 0.3 km from the Kerameikos metro. View of the Acropolis and Lycabettus. Cost of buildable square land €1,100. Return on investment of over 7% per annum with a long term lease and over 10% per annum with a short term lease.
Additional Property Information:
• Size: 201 m²
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