Land acquisition 850 sq.m
Terra Property successfully completed the acquisition of land plots totaling 850 sq.m in Athens, located directly adjacent to a metro station in an area with strong future development potential.
The property benefits from a building coefficient of 3, allowing for the development of up to 2,550 sq.m of built area, defining the strategic investment profile of the transaction.
The process involved increased complexity, including multiple owners and existing tenants within the property, requiring careful coordination, negotiation and a structured legal and commercial approach.
Key transaction highlights:
• Total land area: 850 sq.m
• Direct proximity to a metro station
• Building coefficient: 3
• Development potential of up to 2,550 sq.m
• Multiple ownership structure
• Existing tenancy conditions
The acquisition was successfully concluded, securing a clear investment framework and laying the groundwork for future development in one of Athens’ most strategic urban locations.