Building for Sale

This multi dimensional property which has incredible views and investment potential is for sale in Perachori. The property consists of two plots which are being sold together. The one plot has the unfinished building and house and the neighbouring plot consists of olive groves and a terraced landscape with stone walls. The property is large and has many facets to it that make it interesting and unique to the right person who can envision all the elements working together. There is an unfinished cement foundation structure with a roof that has not progressed any further than this stage of development in 2012. The license was granted in 2000 for a three-storey (bottom level storeroom) building to be built. The internal spaces of this unfinished building are vast, each level maximising 100m2. This building was intended for an apartment complex consisting of four units. Each apartment would comprise of one bedroom, bathroom, kitchen and lounge. Should you wish to use this space differently, there is scope to complete the building as two separate houses – one on each level. Furthermore to this property, there is a cozy one bedroom wooden house. This is an ideal place to stay while construction to the other building is taking place. This dwelling in its own right is a great spot which can also be further renovated and rented out if required. The property is located on the old road to Perachori from Vathi and boasts outstanding views of lush mountainside and sea views with Vathi bay in the distance. It is slightly quieter than other roads and can make for an ideal spot for holiday makers to enjoy the island. The neighbouring plot which is being sold together with the houses, falls within the town zone thus allowing you to build even further should you wish to invest in an even larger development. Furthermore, there are two large sterna’s ( water cistern) totalling 130m2 which collect, store and supply rain water to the property when required. With all these elements contributing to the scope and potential this property holds, it really is a great investment and could become something very special with the right vision. If you are interested in what this property offers, please contact Melanie on 6980315291 and we will be happy to assist. We aim to make the buying process as hassle free as possible, we have put together a Buying on Ithaca brochure in both English and Greek to provide you with all the information you would require. Check us out on Instagram mv_properties_ithaca and Facebook MV Properties