Land for sale in Palaio Faliro. ID A3-2962

Palaio Faliro, Greece

€725,000

Description

Land for sale in Palaio Faliro. Presenting an exceptional investment opportunity in the esteemed district of Palaio Faliro, this expansive land parcel spanning 409.38 square meters offers a prime canvas for visionary development. With a commanding presence and a generous facade, this property holds immense potential for creating a landmark structure that seamlessly integrates into the fabric of its surroundings. Boasting a total building allowance ranging from 1200 to 1340 square meters, this property provides ample space for crafting a diverse range of architectural concepts. Whether envisioning a luxurious residential complex, a stylish commercial establishment, or a mixed-use development, the possibilities are limitless. For the discerning investor seeking a streamlined process, the property can be acquired with a building license already secured, facilitating expedited development and minimizing administrative hurdles. This comprehensive package, including the land and building license, is available at an attractive price of 750,000 euros, presenting an enticing opportunity for astute investors to capitalize on the thriving real estate market in Palaio Faliro. Situated in one of Athens' most coveted neighborhoods, renowned for its cosmopolitan ambiance and proximity to the Athenian Riviera, this property promises exceptional returns on investment. With its strategic location, generous building allowance, and optional building license, this land parcel represents a rare chance to shape the skyline of Palaio Faliro and leave a lasting legacy in this vibrant community. Seize this opportunity to transform your vision into reality and secure your stake in the dynamic landscape of Palaio Faliro. Whether seeking a lucrative investment or a canvas for architectural innovation, this property stands ready to fulfill your aspirations and redefine the urban landscape of Athens. Land for sale in Palaio Faliro. Location Information: An urban resort with a hint of the Orient, this waterfront suburb makes a scenic escape from the city center. Come to explore a ritzy marina, seaside park, and tasty Turkish-influenced cuisine. Separated from the sea by Posidonos Avenue, Faliro was once a seaside village of fishermen, shepherds, and farmers. Now its inner streets are dense with apartment blocks courtesy of the 1960s building boom. On the palm-lined promenade, play parks, an outdoor cinema, and a luxe marina generate a year-round resort vibe. Revived for the 2004 Olympics, this popular coastal suburb leans towards leisure. It may not possess the strong character of gritty Exarchia or cultured Kolonaki, but what Palio Faliro (shortened to Faliro by the locals) lacks in charisma, it makes up for with its pole position. It’s the gateway to the Athens Riviera and an easy jump-off point for Piraeus and the city center. Restaurants and cafes dot the pretty, glitzy Flisvos Marina, while its beach and waterfront promenade are a quick and scenic escape from urban life. The arrival of the game-changing Stavros Niarchos Foundation Cultural Centre in neighboring Kallithea in 2016 has also helped connect the dots and bring more dash to the area. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying for and obtaining the Greek Golden Visa, as well as all its benefits.