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reference: EK-7161717
Luxurious Real Estate Opportunity in Lygaria
Nestled in the prestigious location of Lygaria, just off the road to Theseas settlement and mere meters before the entrance of the A.T.E cooperative, lies an extraordinary property within the Malevizi Municipality. Spanning a vast area of 5735.82 m², this prime real estate offers an unrivaled, panoramic view of the pristine beaches of Lygaria, Agia Pelagia, Made, and Mononauti.
Property Overview This exceptional estate features two independent buildings, meticulously designed as "Tourist Furnished Apartments with 8 Independent Swimming Pools," as per the latest building permit (Act No. 614394/28-2-2023).
Building 1: A Masterpiece of Luxury Living
Building 1 comprises three levels, fully completed and operational, each boasting a fully furnished apartment with private infinity pools.
• Ground Level: o A spacious 132 m² apartment featuring three bedrooms and two bathrooms o Expansive 60 m² terrace o Private engine room and a water tank with a 22 m³ capacity o Three private infinity pools (25 m² each) • Level 2 (Ground Floor): o A 130 m² apartment with three bedrooms and two bathrooms o Extensive 100 m² outdoor terraces • Level 3 (Raised Ground Floor): o A 72 m² apartment with two bedrooms and one bathroom o A generous 70 m² terrace, complemented by a natural lawn area (170 m²) and a 25 m² aluminum pergola
Additional Amenities: • A communal wood oven with a grill (Level 2 outdoor area)
Building 2: A Canvas for Your Vision
Partially completed, Building 2 offers a unique opportunity to personalize the remaining construction. This structure, designed to include reinforced concrete stages, internal partitions, and advanced plumbing and electrical systems, is set to feature four private pools.
• Ground Level: o Two apartments and a single-room apartment with a bathroom (reception area) o Shared engine room for Building 2 o North-facing apartment: 85.90 m², with two bedrooms, two bathrooms, kitchen, and living room o South-facing apartment: 47.90 m², with one bedroom, one bathroom, kitchen, and living room o Water tank with a 22 m³ capacity • Level 2: o North-facing apartment: 83.90 m², with two bedrooms, two bathrooms, kitchen, and living room, plus 170 m² terraces o South-facing apartment: 47 m², with one bedroom, one bathroom, living room, and kitchen • Level 3: o 72 m² apartment with 70 m² terraces Additional Amenities: • A shared facility with a grill (Level 2 outdoor area) • Natural stone external fencing and landscaping • A fully operational 100-meter deep borehole, providing 250 m³ of excellent-quality water daily for tenant use and garden irrigation
Investment Potential:
An application has been submitted to the NSRF program for a budget of €400,000, with a projected subsidy of 60% (€240,000). The current owners, experienced Architects and Civil Engineers, offer their expertise to complete the project per buyer specifications.
Seize the Opportunity: This property is a rare gem, offering completed luxury accommodations and the potential for bespoke expansion. Whether you seek a personal haven or an investment opportunity, this estate promises unparalleled beauty and limitless possibilities. Contact us today to explore this exquisite property and envision your future in Ammoudi.