936271 - Commercial Office Building For sale, Pallini, 7.000 sq.m., €3.000.000 – ID 2310913

Eastern Attica, Commercial Building (suitable for multiple uses) For Sale, total area 7,000 sq m, on a plot of 11,500 sq m. The property is located close to Transportation, School, Church, Kindergarten, Market, Super Market, City Center, Market, Attica Road, National Road, 20 Kilometers from the airport, 16 Kilometers from the beach, 1 Kilometer from the city. It was built in 1970. This area is defined after the ratification of the implementation act in the Urban Planning plan (on an initial plot of 11,500 sq m). It consists of two buildings with a total area of 5,140 sq m, built in 1975. One building is 3,500 sq m. divided into two levels: ground floor 2,500 sq.m. and 1,000 sq.m., respectively, as well as a second independent building of 1,560 sq.m. In the context of the development of the two existing industrial buildings, we offer a prospective investor the opportunity to build up to 4,900 sq.m. on a total plot of 7,000 sq.m. Due to the recent legislative framework, it is possible to sell houses worth 250,000 euros for Golden Visa purposes, provided that the existing industrial permit and the remaining registration criteria are met. It has parking spaces (in open space), energy certificate: H. Its condition is Good, it needs partial renovation, the space has the possibility of being configured depending on the requirements of the use to be chosen. The property is Bright, Airy, Sunny, Airy, Storage, Internal staircase. We present you with a comprehensive investment presentation, outlining the project’s technical assessment, financial tables and the outstanding regulatory benefits it offers. The main building has a floor area of 3,500 sq m and the high-end wing offers a floor area of 1,560 sq m, providing a huge base. Rather than a capital intensive demolition, this asset has been deliberately priced “as is” for €3,000,000 to be developed within a sustainable Adaptive Reuse. This creates an immediate equity margin for the buyer, compressing construction capital costs by approximately 35% and accelerating your time to market by over 12 months for rapid off-plan liquidation. Legally and financially, this property holds a rare and highly lucrative regulatory privilege in the current Greek landscape. While the minimum investment for the Golden Visa has officially skyrocketed to €800,000 in prime areas of Attica, this particular asset utilizes a fully compliant “Change of Use” framework from commercial to residential use, legally locking in the coveted €250,000 entry threshold. Critically for an inbound developer, this €250,000 threshold represents a strict, one-time conversion right directly tied to this initial transaction. Once these individual residential units are created, any future resale will fall within the standard €800,000 level. Our core architectural engineering optimizes these frameworks into a premium, high-density gated community consisting of 46 luxury lofts with a distinctive “60+40” layout, combining 60 sq m of luxurious indoor living space with 40 sq m of private outdoor space. However, the existing structural grid offers ultimate scalability, allowing a developer to customize the layout to up to 76 premium units or 92 compact studio student/executive residences to achieve optimized, defensive gross rental yields. Price: €3,000,000. BlueBrick Properties, Contact Phone: 2102208392, email: [email protected], website: www.bluebrick.gr The above description is based on plans and other information provided to BlueBrick Properties by the property owners. BlueBrick Properties makes every effort to provide valid information about the properties, as well as to verify the information provided by the sellers, but does not bear any responsibility for the accuracy of this information or for any omissions in the description of the properties. Also, BlueBrick Properties has no responsibility for any change to this information, in case there has been no relevant written notice from the sellers. The location on the map is indicative. To indicate the property, it is necessary to indicate your police ID and your VAT number in accordance with Law 4072/11-4-2012 Government Gazette 86 A.

business of 7,000 m²

Pallini, Attica, Greece

Location