*SOLD!*

TWO-STOREY LISTED HOUSE WITH PERMIT TO DEVELOP THREE INDEPENDENT APARTMENTS SUITABLE FOR THREE (3) LOW-COST GOLDEN VISA € 250K EACH!

ATHENS (Kerameikos). A two-story listed building is for sale, for which all the necessary restoration/reconstruction studies have been submitted, and all approvals have been secured from the Ministry of National Heritage, the Council of Architecture and the Central Council of Modern Monuments. The seller has secured the issuance of a Government Gazette, based on which the work can be completed.

The development study envisions the creation of three horizontal properties (ground floor, first floor, and the addition of second-floor apartments), which will be connected by an elevator beside the staircase.

The existing building, built in 1910, is a two-story building, with a total area of ​​117.06 sq m (see ground floor area 54.59 sq m & first floor 62.42 sq m), with an internal staircase, on a plot of land of 128.10 sq m. The property is classified as a listed building by the Tax Office of Modern Monuments and therefore falls under the beneficial legislation of a reduced investment amount for the Golden Visa program for foreign residents.

The new owner will have the opportunity to create three wonderful self-contained apartments with an internal staircase and an elevator by reconstructing the building, specifically:

1. Ground floor apartment 54.05 sq m with exclusive use of the garden at the back of the plot. Suggested Selling Price for Golden Visa: €265,000.

2. First floor apartment 61.49 sq m with a balcony on the facade of the building. Suggested Selling Price for Golden Visa: €295,000.

3. Second floor apartment 44.75 sq m, and a terrace will be created on the back side of the apartment. Suggested Selling Price for Golden Visa: €260,000

Each of the horizontal properties will fall under the beneficial legislation for Golden Visa in the amount of €250,000 based on the new Circular of the Ministry of Immigration and Asylum, at a much more competitive price compared to the current legislation for Golden Visa Residence Permit (which requires a minimum investment capital of €800,000 for the purchase of a property in Attica and the islands of more than 3,000 inhabitants).

This is a property superior to the Golden Visa properties that come from the change of use from an industrial/commercial building to a residential one and are included in the same investment category, due to the high Architectural aesthetics of the proposed building, which exudes the feeling of a detached house.

Geographical Location: 350 from The Technopolis City of Athens (the area called GAZI), 650 m from Kerameikos Archeologogical site, 1,200 m from the Roman Forum of Athens, 1,200 m from Monastiraki, 1,800 m from Plaka, 2 km from the Acropolis, 2 km from Syntagma Square and The Parliament House, 8 km from the Athens seafront (the picturesque Flisvos Marina). 

Call us today at +30 210 7257 561. It would be our great pleasure to present it to you!

*TRANSACTION SAFETY. According to the Greek legislation for the presentation and the disclosure of any information regarding our portfolio properties, it is necessary to sign a property showing form, show your identity card and mention your personal identification number.