FOR SALE Emblematic Commercial Property in the Center of Kalamata
A rare investment opportunity in the heart of the commercial market of Kalamata.The property consists of a plot of 500 sq.m. with an existing commercial building with a total area of 1,000 sq.m., offering two different development scenarios, depending on the needs of the investor.
Option 1 – Direct commercial exploitation
The existing building can be operated immediately, with only limited interventions, making it an ideal solution for companies looking for large open-plan commercial spaces in the city center. It is suitable for:
Clothing and footwear department store
Electronics and electrical store
Exhibition of furniture or household items
Super Market
Retail chain or other large commercial uses
The utilization of the existing building can be carried out without the high cost and time that a new construction requires.
Option 2 – Development of a new modern building
The real surplus value of the property is also found in its development potential. With a plot of 500 sq.m. and a building factor of 2.40, it is possible, after the demolition of the existing building and in accordance with the applicable urban planning provisions, to erect a new building with a total area of up to 1,200 sq.m., designed entirely according to modern specifications and the requirements of the investor. The property combines a rare advantage: it generates value both as a ready-made business space and as a high-standard development plot, which makes it particularly attractive for both retail companies and investors and developers.
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See other real estate sales in the Store category
There are some extra costs that must be added to the price of the property.
These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.
The total value of the above is about 9% of the price of the property.
| Property Price | € 1.200.000 |
| Cost & Taxes (9%) | € 108.000 |
| Estimated Total Price | € 1.308.000 |
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