Prime development plot | Akadimia Platonos, Athens, 3.532,40 sq.m.

This property represents a rare investment opportunity in a rapidly transforming area of Athens. Key Property Details: • Plot Size: 3,532.40 sq.m. • Building Ratio: 2.012 • Total Building Area (Excluding Underground Parking): 7,100 sq.m. o Bonus Potential: Utilizing Article 10 of the New Building Code, the building area can increase by 20%, raising the total surface to 8,520 m². • Location: Strategically located just 1 km from the Athens motorway, offering excellent connectivity to major destinations. o Athens Airport: 45 km (approx. 35 minutes) o Piraeus Port: 10 km (approx. 15 minutes) o Thisio (Athens Archaeological Area): 3 km (approx. 5 minutes) Existing Structures and Site Features: • The plot includes an old building with: o Total Area: Over 2,000 sq.m. o Coverage: 1,000 sq.m. o Basement Depth: 8 m below street level • A significant portion of the plot is approximately 2 m below road level 0, providing a distinct advantage for new construction. Construction Advantages: • Minimal excavation is required for new building construction due to the existing basement and below-road-level sections. • These features ensure fast qualification by the Archaeological Service, minimizing the risks and delays typically associated with construction near archaeological sites. Highlights: • Adjacent to Akadimia Platonos Archaeological Site and Cultural Park: o Planned development includes the construction of the new "Green" Archaeological Museum of Athens. • Emerging Development Zone: o Akadimia Platonos and Votanikos are poised to become Athens' new hubs for green transformation and economic opportunities. Land Use and Development Opportunities: • Current classification as “Low Impact Industry Zone” with an ongoing repurposing process for greater flexibility. • Suitable for multiple uses, including: o Housing o Office buildings o Hotel apartments • Offers building ratio flexibility to accommodate diverse development projects. With its prime location, flexibility in building use, and adjacency to major cultural and economic projects, this plot is ideal for developers looking to capitalize on Athens' booming development. Contact us for further details or to arrange a site visit!