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Christou Lada 1-3, Athens

The property is located on 1 & 3 Christou Lada Str, in the area “Karytsi Square” of the Municipality of Athens and within the commercial triangle of Athens that includes Syntagma Square - Omonia Square - Monastiraki.

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Basement / Ground Floor / 1st Floor 2nd Floor 3rd Floor 4th, 5th, 6th Floor 7th, 8th Floor

Location

Closer Area

The property is located in the area of the "Old Parliament", in the center of the 1st Municipal Unit, within the boundaries of the commercial triangle Syntagma Square - Omonia Square - Monastiraki. It grows around Karytsi square. It is a mixed-use area, with dense construction, high index of commerciality and traffic. The existing buildings are multi-storey, have a long history, are characterized by a good level of maintenance and house, for the most part, shops on the ground floor and office space on the upper floors. In addition, several listed buildings are located.

Accessibility

Access to the nearest area is achieved through Panepistimiou and Stadiou Avenues, which are the main roads of the centre of Athens. In addition, by city buses and trolleybuses on the aforementioned roads and the Metro and TRAM networks. The distances from the stations "Panepistimio" and "Syntagma" of the Metro are approximately 290.00 m and 600.00 m respectively.

Wider Area

The property is located on 1 & 3 Christou Lada Str, in the area “Karytsi Square” of the Municipality of Athens. Municipality of Athens occupies an area of 38.96 km² and has a population of approximately 664,000 inhabitants, according to the 2011 census. It is the seat of the Regional Unit of the Central Sector of Athens of the Attica Region. Within the Municipality of Athens lie the most important administrative, economic, political, cultural and educational functions of Greece and it is located in the center of the wider metropolitan area of Athens, which consists of fifty-eight (58) Municipalities. The Municipality of Athens has a long history and diversity in terms of the number and type of neighborhoods and functions it gathers, as well as a number of historical monuments, museums, public and private university buildings and administrative buildings. The structural Athens web has gradually expanded since the creation of the Greek State in successive zones around the Acropolis, creating areas of residence and activity of different incomes and marketability. In recent years it has experienced a great commercial rise, due to the upward trend in tourism. The most expensive areas remain those located near the Acropolis and the “Syntagma Square”.

The commercial triangle of Athens is the historical area that includes Syntagma Square - Omonia Square - Monastiraki and the districts of Neapolis, Exarchia, Museum, Pedion Areos, Vathi, Psyrri, Plaka, Koukaki, Kolonaki, Lycabettus and Ilisia. The main roads are Vas. Sofias, Patision, Stadiou, Panepistimiou and Syggrou Avenues. Access is achieved by road through the aforementioned and a multitude of other boulevards and streets. In addition, using public transport, ie buses, trolleybuses and the Tram, Overground Metropolital Train and Metro networks.

Land Plot - Urban situation

The property is located within the Building Square 66026 and the land plot has a total area of 362.81 m2. The plot has a face with a total length of 14.96 m. on Christou Lada Street. Ιt is within the city plan. The construction rules and permitted land uses governing the area are determined in accordance with the Presidential Decree of 13 July 1994 (Government Gazette 704 / D / 1994). Therefore, the construction rules governing the plot under consideration are as follows:

  • Minimum face: 10.00 m
  • Minimum area: 200.00 m
  • Building ratio: 4.00
  • Coverage rate: 100% Ground floor - 80% floor (Government Gazette 349 / D / 1985)
  • Maximum height: 21.00 m
  • Land uses: Municipal Supralocal Center

Building Presentation

The property located on Christou Lada Street no.3, consists of eight (8) floors, ground floor and a basement. It was built in the early 1950s and was completed in its current form after additions in 1980.

Also, the horizontal properties located on Christou Lada Street no.1 are an operational part of the building on Christou Lada 3 and are connected to it through corridors and stairwells. The fourth (4th), fifth (5th), and eighth (8th) floor of the building on Christou Lada Street 1 are connected respectively with the fourth (4th), fifth (5th), and seventh (7th) floor of the building of Christos Lada Street 3.

The surfaces and their existing use are presented collectively below.

Christou Lada 3

Total area: 3406,10 m2

Basement: It has an area of 375.46 m2 and includes common areas, i.e. stairwell, elevators, boiler room / cooling plant, tank, E / M & other auxiliary spaces. It consists of storage rooms, file rooms, a small w.c. and a hall.

Ground floor: It has an area of 375.46 m2 and includes the main entrance, staircase, elevators & other ancillary spaces. The main space consists of office spaces and w.c.

1st Floor: It has an area of 375.46 m2 and includes a staircase, elevators and other ancillary spaces. The main space consists of office spaces and w.c., as well as a loft with an area of 8 m2. The skylight has been integrated into the offices.

2nd Floor: It has an area of 361.16 m2 and includes a staircase, elevators and other ancillary spaces. The main space consists of office spaces and w.c. The skylight has been integrated into the offices.

3rd Floor Station: It has an area of 361.16 m2 and includes a staircase, elevators and other ancillary spaces. The main space consists of office spaces and W.C. The skylight has been integrated into the offices.

4th Floor: It has an area of 361.16 m2 and includes common areas, i.e. stairwell, elevators and other ancillary spaces. The main space consists of office spaces and w.c. The skylight has been integrated into the offices.
Also, this specific floor has been internally connected by a staircase with the 4th floor of the adjacent building on Christou Lada 1, which constituted the properties of the same organization.

5th Floor: It has an area of 361.16 m2 and includes common areas, i.e. staircase, elevators and other ancillary areas. The main area consists of office space, canteen and w.c. The skylight has been integrated into the offices. In addition, this floor has lofts with a total area of 73.74 m2.
Also, this specific floor has been internally connected by a staircase with the 5th floor of the adjacent building on Christou Lada 1, which were the properties of the same organization.

6th Floor: It has an area of 321.29 m2 and includes common areas, i.e. staircase, elevators and other ancillary areas. The main area consists of office space, canteen and w.c. The skylight has been integrated into the offices.
Also, this specific floor has been internally connected by a staircase with the 5th floor of the adjacent building on Christou Lada 1, which were the properties of the same organization.

7th Floor level: It has an area of 244.78 m2 and includes common areas, i.e. stairwell, elevators and other ancillary areas. The main space consists of office spaces and w.c. The skylight has been integrated into the offices. In addition, there is access to a roof section.
Also, this specific floor has been internally connected by a staircase with the 8th floor of the adjacent building on 1 Christou Lada Street, which were the properties of the same organization.

8th Floor: It has an area of 187.27 m2 and includes common areas, i.e. stairwell, elevators and other ancillary spaces. The main space consists of office spaces - a meeting room with a bar and w.c. In addition, there is access to the roof.

Christou Lada 1

Total area: 660.47 m2

4th Floor Station: It includes common areas, i.e. a staircase with elevators and other ancillary spaces. The main space has an area of 284.70 m2 and consists of office space and w.c.
Also, this specific floor has been internally connected by a staircase with the 4th floor of the adjacent building on Christou Lada 3 which were the properties of the same organization.

5th Floor: It includes common areas, i.e. a staircase with elevators and other ancillary spaces. The main space has an area of 171.88 m2 and consists of office space and w.c.
Also, this specific floor has been internally connected by a staircase with the 5th floor of the adjacent building on Christou Lada 3, which were the properties of the same organization.

8th Floor: It includes common areas, i.e. a staircase with elevators and other ancillary spaces. The main area has an area of 203.89 m2 and consists of office and w.c., and terrace.
Also, this specific floor has been internally connected by a staircase with the 7th floor of the adjacent building on Christou Lada 3, which were the properties of the same organization.

Construction Description

The load-bearing structure is made of reinforced concrete. Externally the property is in very good condition. Facade cladding was used for the exterior decoration of the building. The access of the building is located in Christou Lada Street and internally the access to all the floors of the building is achieved through a central staircase and two (2) elevators. The building has a fire safety system from a pumping station & water tank, PPC substation and a power pair.

Technical Specifications

  • Load Bearing Structure: Reinforced Concrete
  • Exterior masonry: Brickwork
  • Interior masonry: Intermediate partitions have been made either with brickwork or with light partitions
  • Coatings: Rubbed
  • Floors: Marbles in the staircase, tiles, false floors with plastic tiles, mosaics
  • Frames: Aluminum exterior with single or double glazing, wooden and iron inside
  • Heating / Cooling: Central and local units
  • Insulations: Basement and Roof
  • Lift: Two (2) lifts
  • Lighting: Fluorescent lighting fixtures on ceiling and spots
  • Miscellaneous: Facade cladding, fire safety / fire extinguishing system from pumping station & water tank, PPC substation, generating pair

The technical characteristics of the horizontal properties on Christou Lada 1 are similar to the building on Christou Lada 3 with the only difference that the heating / cooling system consists of local air conditioners / split units.

Technical / Legal Documents

You may download at the following link all the necessary technical and legal documents in order to help you complete your review of the above property.

  Download all the documents here

NOTICE: You need to contact Cushman & Wakefield on +30 210 7480852 in order to obtain the password for the documents.

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Total area Objective value Value ENFIA
Christou Lada 3 3406,10 m2 € 4.695.238,23 € 51.726,86
Christou Lada 1 660.47 m2 € 1.056.994,65 € 9.474,59
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These facts, including but not limited to the text, graphics, and data, were prepared based on information available to the Owner at the time it was prepared. However, the Owner makes no representation or warranty as to the accuracy or reliability of the information herein for any purpose, including projecting future use. Anyone using this information must independently verify the facts and statements contained herein.