Located in Akadimia Platonos, this substantial craft / light industrial building offers approximately 1,976.6 sq.m. of total net area, presenting an investment opportunity in central Athens, with significant potential for redevelopment and value enhancement. The property can also qualify for the €250,000 Greek Golden Visa route, subject to the required change of use to residential and applicable legal requirements. Specifically, the building extends across a basement, ground floor, mezzanine, four upper floors and a backyard, offering substantial areas across its multiple levels:
Akadimia Platonos is a well-established neighborhood in western central Athens, known for its strong residential character, convenient access to the city center and the historic Archaeological Park of Plato’s Academy. The area combines traditional urban fabric with ongoing residential and commercial development, creating an increasingly attractive environment for investment.
Its strategic location provides easy access to major roads and public transport connections, while the proximity to central Athens, Kolonos, Sepolia and Metaxourgeio enhances its connectivity and accessibility. The area’s mix of residential, commercial and light-industrial properties also creates opportunities for redevelopment and repositioning of larger assets.
From an investment perspective, the property can appeal to a range of potential buyers, including developers, commercial investors, owner-occupiers and companies seeking a large centrally located building. Its size and multi-level configuration create flexibility for an investor to examine different strategies, from maintaining and optimizing the existing use to undertaking a broader repositioning of the asset, such as transforming it to residential use for the 250.000€ Golden Visa.
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