23 Davaki & 135 Dimosthenous Str., Athens, Prefecture of Attica



The asset is located in the Municipality of Kallithea in the middle of the axis that connects the two commercial centers; Kallithea with population of 100,000 and Nea Smyrni 73,000. The population in a 2 kilometers zone around the asset is 215,000.

The asset  consists of 8 Buildings and is occupying the entire building block. Energy class F (building 2) and E (building 5 & 6). It is surrounded by Davaki, Dimosthenous, Filaretou and Sofokleous St., 300m from Syggrou Avenue and 350m from Davaki Square.  Davaki street is the most commercial street of Kallithea, and one of the most commercial streets in Attica, connecting the railway metro station “Kallithea” and the central square of Kallithea with Syggrou Avenue. The asset is located in 1.2km distance from Urban Rail Transport with the advantage of easy access to urban bus lines.

Across the surrounding area of the property, there are significant investments, both private and public, with the most important Stavros Niarchos Foundation Cultural Center, that contribute to the area ongoing development.


The main allowable uses are that of an Urban Center, i.e hotels, department stores, supermarkets, offices, residences etc.





Scenario A

Residential and Student Accommodation

The surrounding area of Kallithea is a densely populated residential area with a population of 100,000 inhabitants. Considering also the fact that there are 3 Universities (Panteios, Charokopeios and the Athens School of Fine Arts) in the vicinity, either the residential complex or student accommodation scenario constitutes a suitable choice.

The whole residential complex could easily be combined with commercial uses mainly at the ground floor and offices at the upper floors.




Scenario B

Commercial & Office Mixed Use

Aiming to meet the needs of the highly populated areas of Kallithea and Nea Smyrni, the construction of a commercial complex mixed with office space would be an efficient plan, as well.

In the case of offices an integrated development such as covering the needs of one large company could be an option.

The aforementioned plan could be combined with small scale Big Box commercial uses covering principally the customers’ and users’ needs.




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