Property Code. 6-688. An exceptional development opportunity in Gazi, one of Athens’ most dynamic and rapidly evolving urban districts, just steps from the Kerameikos Metro Station and within immediate reach of Technopolis and the cultural and lifestyle destinations of Gazi and Kerameikos.
Set in a highly strategic central location, the property combines a substantial plot size, significant building potential and excellent accessibility — making it particularly attractive for residential development aimed at both the local and international market.
DEVELOPMENT POTENTIAL
The property offers 680.98 sq.m. of permitted building area, providing the scale required for a substantial urban residential project. According to the available planning and technical documentation:
- Plot area: 378.32 sq.m.
- Permitted building area: 680.98 sq.m.
- Floor Area Ratio (FAR / S.D.): 1.80
- Building coverage: 60%
- Maximum coverage: 226.99 sq.m.
- Maximum permitted height: 22.75 m
- Frontage: 15 m
Planning status: Within the city plan / buildable, subject to final technical and planning verification
The combination of 15 metres of frontage, a 1.80 FAR and almost 681 sq.m. of permitted building area creates a compelling basis for a carefully designed residential development.
The final building envelope, height configuration and development parameters should be confirmed by the appointed engineer in accordance with the applicable planning regulations and the property's official documentation.
THE LOCATION
Gazi has evolved from its industrial past into one of central Athens’ most distinctive urban neighbourhoods, where historic industrial architecture meets contemporary residential, cultural, dining and entertainment uses. The area is anchored by Technopolis City of Athens, the former gasworks complex now operating as a major cultural venue, while Kerameikos and the surrounding central districts provide a strong mix of everyday amenities and visitor appeal.
The property's position is particularly advantageous, with Kerameikos Metro Station directly accessible, providing convenient connection to the wider Athens Metro network. The surrounding area offers an established urban lifestyle ecosystem of:
- Technopolis and its cultural and event programme
- Kerameikos and its archaeological heritage
- Gazi’s restaurants, cafés and nightlife
- Thiseio and the historic centre
- Monastiraki and Psyrri
- Major central Athens destinations within easy reach
IDEAL FOR
The property is particularly suited to:
- Residential development
- Boutique urban residences
- Contemporary apartment developments
- Build-to-sell projects
- Projects targeting international buyers
- Developers seeking a centrally located Athens development opportunity
Its location and development potential also make it suitable for a project designed to appeal to the international investment and Golden Visa-oriented residential market, subject to the applicable eligibility requirements and regulations at the time of completion and sale.
AN ADDRESS WITH DEVELOPMENT POTENTIAL
- central Athens location.
- substantial development footprint.
- strong international appeal.
A rare opportunity to create a contemporary residential project in one of the capital’s most recognisable urban neighbourhoods, combining scale, accessibility and development potential in the heart of Gazi.
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