Property description Situated in the center of Athens, at Iassonos Str. in Metaxourghio, is a residential building plot having a total ground area of 159,32m² (facade: 8.5m and depth: 19.0m) and within which a 350m² building can be erected based on the Greek construction rules for this area. The plans being approved for this plot of land provide for the construction of a building of 180m². A building permission can be immediately issued, given that a complete architectural and statics study has been approved by the competent Ministry and publicized in the Greek Official Gazette. The remaining 170m² from the total permitted construction limit of 350m² can be either exploited or sold. The building to be developed comprises a preserved two-storey section and a modern section extending on three levels. The preserved section consists of a basement, a ground floor with a living room area and a first floor with two bedbrooms. The modern section consists of a basement auxiliary area and three levels (ground floor, mezzanine floor and first floor), freely structured around the staircase, thus providing a double-height patio. The architectural solution of the building provides for a large inner yard, which can become a small private oasis. The building combines the characteristics of neoclassical Athens together with the modern building requirements, and is suitable for both housing and investment purposes. Location Iassonos Str. is a pedestrianized road, located in the center of Athens, next to the Metaxourghio metro station. It comprises a frontage of neoclassical listed buildings, thus making it one of the most interesting streets, both aesthetically and architecturally. The special planning regime that governs the whole road will soon make it one of the most beautiful and expensive streets of the center of Athens. The surrounding area hosts many theaters, art galleries, hotels, expensive restaurants and alternative entertainment options. Although ceased due to the financial crisis, the rehabilitation of the area, and especially of Iassonos Str., is currently progressing at a rapid pace and is intended for high-income housing and/or for high-efficiency investment.