Home Trending Record price for G. Peetaki’s apartment in Kavouri

Record price for G. Peetaki’s apartment in Kavouri

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Record price for G. Peetaki’s apartment in Kavouri

At a record price for its location and age, his apartment was sold at auction on Wednesday. Giorgos Petetakisa businessman who witnessed the bankruptcy of the Greek multinational company of the same name ten years ago.

The apartment is located in a privileged location in Kavourihowever, without a “face” on the coastline and built in the 80s, it was sold at a price of 13,000 euros per square meter.

A price that, according to market information, is very close to the corresponding prices per square meter of the first floors of the Marina Tower under construction, which Lamda Development is building on the seafront in Hellinikon.

Record price for G. Peetaki's apartment in Kavouri-1

An apartment of 220 square meters, after successive bids during the auction, eventually sold for 2.86 million. But the price set for the auction by an independent civil engineer and certified professional appraiser was $1.269 million.

The fact, according to sources in the real estate industry, confirms this. intense consumer demand in Greece and abroad for apartments and houses by the sea in Atticabut also the capital as a whole. This must be added to a series of transactions that have taken place recently at prices unprecedented in the Greek market, reminiscent of luxury real estate deals in overseas metropolitan areas and emblematic Mediterranean locations.

Record price for G. Peetaki's apartment in Kavouri-2

The property is an apartment on the second floor on a corner plot in the place “Ano Voula or Agios Nikolaos (Pallon)” at the intersection of Ilio (formerly Aktis), No. 29 and Corfu (Iphigenia), in Vouliagmeni. The site has a total area of ​​2835 acres. It has two buildings: one on the front line towards the sea and one diagonally behind. It houses an apartment that belonged to Giorgos Petetakis.

According to the appraiser’s report, “these are carefully built and maintained high-rise residential buildings in a prime location” with building permits dated 1986. The price per square meter is determined at the auction, the fair price in the report is determined in square meters and 37,000, in addition, a parking space that a particular property has. The mentioned property is located next to the objects representing the interests of the shipowner Giorgos Prokopiou and his family.

The organizer of the auction was the special purpose company Artemis Securitisation, which was transferred to manage bank receivables and, in particular, Attica Bank. However, regarding the Pejetaki property in question, there are advance notices from Attica Bank, as well as other banks for smaller amounts such as Eurobank, Alpha Bank, and insurance funds and tax authorities.

Author: Ilias Bellos

Source: Kathimerini

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