A 201.16 sq.m. development plot is offered for sale in a highly sought-after location in Neos Kosmos – Kynosargos, Athens, within the approved city plan of Athens.
The property has a frontage of approximately 10 metres and, according to the available planning information, is fully compliant with the applicable planning regulations and buildable, with a 70% building coverage ratio and a Floor Area Ratio (FAR) of 3.0.
There are currently three existing structures on the property. The building located directly on the street frontage is listed as a protected historic monument and cannot be demolished. It is an early-20th-century Neoclassical building, consisting of a ground floor with a raised basement, characteristic of the architectural style of the period.
The property is located on a quiet street ending in a cul-de-sac, with a parking garage immediately adjacent to the property, providing an additional advantage for future development and hospitality use.
The location is particularly attractive, situated on a street parallel to Kallirrois Avenue, in an area that has experienced significant residential and tourism-related development. Most of the surrounding buildings are approximately six storeys high, while the immediate area offers a wide variety of restaurants, cafés and local amenities.
The property is within very close proximity to a Metro station, the Acropolis and Athens’ historic centre, making it particularly attractive for investment and tourism-related development.
Given its location, existing architectural character and proximity to major tourist attractions, the property presents an excellent opportunity for the development of a boutique hotel or other hospitality concept, subject to confirmation of permitted uses and all required planning, archaeological and heritage approvals.
Key Features
Plot size: 201.16 sq.m.
Frontage: approx. 10 m
Floor Area Ratio (FAR): 3.0
Building coverage: 70%
Buildable and compliant with applicable planning regulations
Three existing structures
Protected Neoclassical building on the street frontage
Quiet cul-de-sac location
Parking garage immediately adjacent
Close to Metro, Acropolis, Kallirrois Avenue and Athens Historic Centre
Excellent potential for investment and hospitality development
Particularly suitable for a boutique hotel, subject to confirmation of permitted use and all required approvals.
- ID
- Γ267
- Area
- 200 m²
- Price per m²
- € 2,100
- Neighborhood
- Kinosargous (Athens-Center)
- Zone
- Residential zone
- Building coefficient
- 3
- Within urban plan
- Yes
- Facade
- 1
- Facade length
- 10
- Coverage ratio
- 70%
- Type
- Investment
Features
- Distance from sea (m): 6000
- Slope: Plane
- Facade length: 10
- Orientation: South
- Road type: Asphalt
- Facade