Land for sale in Terpsithea

A prime investment property in the broader area of the Patras Marina, a location anticipated to become the new epicenter of international luxury tourism. The imminent implementation of the approved "Mega Yacht Marina" project, with a budget exceeding twelve million euros, will transform the city's coastal front into a premier destination for hosting ultra-luxury vessels in the Mediterranean. This pivotal infrastructure guarantees a rapid and profound surge in the objective and commercial values of the area. Concurrently, the property is situated just a few meters away from central markets, urban transit stops, and the suburban railway station, while remaining at a safe distance from the Agios Andreas Hospital.

This is an absolutely flat, corner, and three-fronted plot, which, following the completion of the street alignment, is formed into a final surface area of 218.10 square meters. It boasts an impressive main frontage of 18.39 meters and a depth of 10.71 meters, geometric characteristics that offer absolute freedom in architectural design.

The building terms are highly favorable for immediate development. With a building coefficient of 1.6 and a coverage ratio of 70 percent, it grants the right to construct building facilities with a maximum permitted height of 16.5 meters and a total surface area of 348.96 square meters. Its placement in a General Residential zone with a northwest orientation ensures the ideal conditions for the creation of a state-of-the-art residential project. The property is strictly addressed to construction companies and institutional investors seeking maximum returns and wishing to position themselves strategically prior to the complete redevelopment of the coastal front.

Property Data
Property ID2277929
Living Space: 272.28 m2
Price/m2: 697.81 €
Property Size: 272.28 m2
Distance from Sea: 100 m
Distance from Transportation: 200 m
Distance from Town: 2.5 km
Distance from Airport: 235 km
Distance from Port: 1.5 km