Riviera's landplot in Kifissos is up on market with 20% discount
Riviera's landplot in Kifissos is up on market with 20% discount

Riviera's landplot in Kifissos is up on market with 20% discount

The first bid price for the specific plot is €2,633,206.40 and the auction, which will take place via E-auction.
RE+D magazine
24.03.2023

With a new 20% reduced price will hit the market the unique property of the Riviera Real Estate and Construction Company in Kifissos in Athens, next to the Sepolia metro station.

More specifically, on April 7, 2023, a plot of land with a total surface area of 2,992.28 sq.m., with three facades, will be auctioned in the "Sepolia" location of the Kolokynthos district, in the district of the Municipality of Athens, within the approved plan of the upper Municipality, on the National Road of Athens – Lamias (former Kifisou Avenue) no. 78 and Vionos and Metohiti streets (unopened).

It is located right next to the facilities of Attiko Metro SA, at the height of Lenorman Street, where in recent years there has been intense commercial and professional activity. It is one of the few plots in the said area, on which there is a possibility to build a building of modern specifications.

In fact, even after the recent signing of contracts for the Double Redevelopment, major players in the real estate market are looking for and locking in real estate projects, and this is because the districts around Eleonas and in the west of Athens represent one of the few areas in the center of Athens with strong prospects for capital gains.

It is been noted that Dimand is launching the redevelopment of the 50-acre area of the former Softex factory with the aim of creating office spaces, without excluding the creation of houses or furnished apartments due to the proximity to the Faculty of Agriculture and other University Institutions.

The first bid price for the specific plot is €2,633,206.40 and the auction, which will take place via E-auction.

The property is being auctioned urgently by SPECIAL FINANCIAL SOLUTIONS M.A.E.D.A.D.P. and DANOS, an alliance member of BNP Paribas Real Estate, is responsible for promoting the process.