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Volos (Palaia) – Rare Investment Building Complex of 1,856 sq.m. on a 1,454 sq.m. Plot | Prime Location & High Yield Potential
Description:
Available for sale is a uniquely positioned commercial/residential building complex of high development potential, featuring a total area of 1,856 sq.m. set on a prime 1,454 sq.m. plot in the historic and rapidly growing district of 'Palaia', Volos.
Location Highlights & Accessibility:
* University Hub: Just 400m from the University of Thessaly Headquarters and directly opposite the strategic 18,000 sq.m. land recently granted to the University for the construction of its new facilities.
* Promenade & Entertainment: 300m from the start of the Volos seafront promenade, at the heart of the city's vibrant student and nightlife scene.
* Transit Hub: Diagonally adjacent to the Local & Intercity Bus Terminals (KTEL), ensuring optimal transit accessibility.
* Infrastructure: Directly neighboring a large supermarket with ample parking facilities.
Development Potential:
Due to its strategic location and scale, this property serves as an ideal opportunity for:
1. Student Housing Complex: High-yield student residences or micro-apartment developments.
2. Boutique / City Hotel: Hospitality development with consistent year-round demand.
3. Mixed-Use / Commercial & Entertainment: Multi-purpose commercial, dining, or leisure space.
Further details, technical dossier, and viewings are available by appointment at our office.