RESIDENTIAL DEVELOPMENT PLOT FOR SALE – PANGRATI
Pangrati, Athens
Plot Size: 204.25 sq.m.
Floor Area Ratio (FAR): 3.0
Land Use: General Residential
A plot is available for sale in a densely built and highly commercial area of Pangrati, ideal for the development of a modern residential building.
Development Potential
• Theoretical buildable area: 612.75 sq.m.
• Estimated net saleable area: ~648 sq.m.
• Potential for approx. 8 apartments
• Underground parking (not included in FAR)
Indicative Final Product
• Apartments of 60–85 sq.m.
• 1–2 bedrooms
• Storage unit & parking space per unit
• Suitable for owner-occupation or investment purposes
Market & Outlook
The area demonstrates steady absorption of newly built residences, with sale prices ranging from €4,900 to €5,300 per sq.m., ensuring strong investment potential.
Investment Highlights
• Total development potential: ~648 sq.m.
• Average unit size: ~81 sq.m.
• Strong demand in the wider area
• Ideal for developers & investors
An excellent opportunity for development in a growing urban location with proven commercial appeal.
📞 For more information and a complete development file, please get in touch.
| Price per m² | € 3,137 |
|---|---|
| Neighborhood | Profitis Ilias (Athens-Center) |
| Zone | Residential zone |
| Building coefficient | 3 |
| Within urban plan | Yes |
| Coverage ratio | 70% |
| Type | Investment |
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