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Balcony with ornate railing overlooks blue ocean and island with lighthouse. Table, chairs, and potted plant on tiled floor.

Ideal investment opportunity with panoramic sea views in Gytheio

€410,000
  • 2 Bedrooms
  • 3 Bathrooms
  • ~170 m² Total surface
  • ~170 m² Living area

Description

Located in the picturesque town of Gytheio in Laconia, this exceptional property sits in an elevated position on the first level of the Lagkadaki hill, surrounded by other notable architectural residences. It offers panoramic views of the Laconian Gulf and the islet of Cranae, creating a truly stunning seaside setting.

The property features balconies facing north and west, perfect for relaxation and enjoying the scenic coastal landscape. Access is available via a municipal road as well as charming stone stairways connecting it to the main road. Although situated within the town, it enjoys a მშვიდ and quiet environment, away from the noise of the commercial center, while remaining close to the port.

Originally renovated in 1990, when the first floor was added, the property underwent a full renovation again in 2020, including a tiled roof, traditional wooden ceilings, new flooring, and updated window frames.

It spans a total of 170 sq.m. on a 213 sq.m. plot, with 88.05 sq.m. on the ground floor and 82.64 sq.m. on the first floor. The property consists of two independent units: a spacious maisonette and a separate apartment, which can be reconfigured to create a second maisonette.

Additionally, there is remaining building capacity of 30–40 sq.m., offering further development potential. The property represents an excellent investment opportunity, as it is already successfully utilized for short-term rentals.

Features
BalconySea/Lake viewFireplaceOpen view
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Engel & Völkers Greece Second Home MMC

Your advisor: Bessy Polyzogopoulou

Property ID: W-048QTC

Property details
  • Object type

    Townhouse

  • Bedrooms

    2

  • Bathrooms

    3

  • Number of Floors

    2

  • Total surface

    ~170 m²

  • Living area

    ~170 m²

  • Flooring

    Tiles

Energy efficiency information
  • Construction year

    1960

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Electric heating

Location: Githio, Peloponnese Region

Location: Gytheio, a historic town and port in southern Peloponnese, is situated in the western part of the Laconian Gulf. The town of Gytheio is built amphitheatrical, offering panoramic views of the sea and a unique natural landscape. It serves as the seat of the municipality of the same name, which includes 18 municipal districts, as well as the seat of the Holy Metropolis of Mani.

Unique Features: Gytheio boasts a wealth of attractions that draw visitors from around the world. Major points of interest include the islet of Kranae, the Tzannetakis Tower, the Historical and Ethnological Museum of Mani, and the beautiful beaches of the area, ideal for relaxation and water activities. Additionally, the region is renowned for its high-quality local products and rich culinary tradition, offering unique flavors for all visitors.

Accessibility: Gytheio is easily accessible, being just 270 kilometers from Athens, 45 kilometers from Sparta, and 140 kilometers from Kalamata. The area can be reached by both sea and car. Internal transportation in Gytheio and the surrounding areas is primarily by car and taxi.

Investment Potential: Gytheio is emerging as one of the most rapidly developing tourist destinations in Greece, attracting an increasing number of foreign and Greek investors. The region’s development and the steadily growing demand for real estate make Gytheio an excellent choice for investments in the real estate sector.

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