Land Plot for Sale

Plot of 5.2 acres with olive trees and old detached house of 85 sq.m. with two floors facing a country road. It is 5 minutes (1 kilometer) away from the center of Koroni and the beaches of Lachanou (300 meters), Artaki (300 meters) and Zaga (1.2 kilometers). The property is ideal for a holiday home and for investment in tourism - agrotourism. You can build another 120 sq.m. The residence can be renovated with little money (from 20.000 to 40.000 depending on buyer's preferences) as several works were done in 1995 and the olive trees of the estate are productive. Water and electricity infrastructures ready (we cut them in 1995 as no one lives there anymore but there is infrastructure). It is an opportunity as it is one of the few in the area that meets all the new building requirements for non residential area plots (that is over 4 acres facing a public road) and will not create an issue in whatever use you want it for. This means that you can renovate the existing residence with a renovation permit (which is issued easier and cheaper than a new building permit), demolish the existing residence and build your dream holiday home or AirBnB in an olive grove (it will still be buildable for 200 square meters) or build the remaining 120 square meters while keeping the old residence for future use. In the case you want it for tourism investment, it can get back its value relatively quickly as it can build four rooms of 50 square meters that can be rented for a period of three months for at least 100 euros per day (36000 gross per year) and produces about 800 kg of oil per year (about 6000 euros gross per year). Price negotiable within reasonable limits