1 / 1 Plot for sale in Kastella Piraeus

Plot for sale in Kastella Piraeus

Kastella, Piraeus
For Sale

Property details

Specifications
Property Type
Land
Plot Size
108 m²
Location & reference
Prefecture
Piraeus
Municipality
Piraeus
Location
Kastella
Ref No.
A3-3408

Description

Plot for sale in Kastella Piraeus, positioned in a quiet residential area within one of the most strategically placed neighborhoods of the city, set between Kastella, Pasalimani (Alexandras Square), and the coastal zone of Votsalakia – Mikrolimano. The property extends to 108 sq.m. and is located within the city plan, offering a fully approved building permit issued in May 2024 by the Piraeus Urban Planning Authority, accompanied by the complete set of architectural and engineering studies, allowing for immediate development.

The approved permit is for the construction of a five-storey residential building on pilotis with a basement, presenting a fully structured and ready-to-execute development opportunity in an area with consistent residential demand and strong long-term value. The project includes three full-floor apartments of approximately 55 sq.m. each, along with a duplex residence on the 4th and 5th floors, with a total internal area of 80 sq.m., distributed as 45 sq.m. on the 4th floor and 35 sq.m. on the 5th floor.

The basement level is designed to accommodate four storage units of 5 sq.m. each, enhancing the practicality and overall functionality of the development. In terms of parking, two spaces have already been legally secured and registered with the Land Registry within the pilotis. One is designated for the duplex, while the second will be allocated to one of the apartments, most likely the 3rd floor unit. In addition, the duplex benefits from the potential use of an extra pilotis space as a second parking position, a feature that significantly increases its overall appeal and market value.

Location

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