Prime 675m² Commercial Building in Nea Ionia, Ano Kalogreza, Athens: Investment and Golden Visa Opportunity

For investors eyeing a sizeable asset with conversion potential, this 675m² commercial building in Ano Kalogreza, Nea Ionia, presents a compelling opportunity. Constructed in 1980, this multi-level property offers expansive office spaces and functional areas, ripe for transformation. Its considerable size and practical layout make it an excellent choice for immediate commercial use or a visionary redevelopment into residential units, including independent apartments or serviced apartments, subject to planning approval. Strategically located in an urban area with consistent demand, the building ensures immediate access to Athens' vibrant market and northern suburbs. Features include aluminum window frames, an elevator, and bright interiors with urban views. While boasting an Energy Class E rating, its robust structure offers significant potential for renovation and market repositioning. This property is particularly attractive for developers seeking conversion projects and investors, and Greca House classifies it as a Golden Visa route property through a change of use to residential. Each buyer's eligibility is confirmed by a lawyer. The asking price is €800,000.