New

High-value investment property under construction with sea views in Gytheio

€565,000
  • 3 Bedrooms
  • 3 Bathrooms
  • ~185 m² Total surface
  • ~185 m² Living area

Description

The property is located in the charming and picturesque town of Gytheio, in Laconia, set in an elevated position on the first tier of the hillside in the Lagkadaki area, among notable architectural buildings. It enjoys unobstructed views of the Laconian Gulf and the historic islet of Cranae. It features balconies facing north and west, ideal for relaxation while enjoying the stunning sea landscape. Access is provided via a municipal road as well as through scenic steps connecting to the main road. The property is situated within the residential area, just a short walk from the central square and the port, offering tranquility away from the busy commercial center. The building is currently undergoing full renovation and restoration, based on an award-winning architectural design, using high-quality materials and refined aesthetics. Features include a tiled roof, wooden ceilings, premium flooring, and high-quality window frames, all harmonized with the local architectural tradition. The total area is 185 sq.m., developed across two levels, on a 119 sq.m. plot. The property will be configured into three independent, fully furnished apartments, designed with a balance of stone and wood elements and minimal, high-quality furnishings. Breakdown: - Level 1: 79 sq.m. - Level 2: 69 sq.m. - Maisonette: 37 sq.m. There is also the option to unify the units into a single functional residence. Completion is expected within 6 months. The property is eligible for the Golden Visa program and represents an excellent investment opportunity, suitable for use as a premium tourist accommodation.
Features
BalconySea/Lake viewTerrace
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Engel & Völkers Greece Second Home MMC

Your advisor: Bessy Polyzogopoulou

Property ID: W-048P4C

Property details
  • Object type

    Apartment house

  • Bedrooms

    3

  • Bathrooms

    3

  • Number of Floors

    2

  • Total surface

    ~185 m²

  • Living area

    ~185 m²

  • Flooring

    Laminate, Tiles

  • Building Restrictions

    None

Energy efficiency information
  • Construction year

    1980

  • Energy efficiency class

    A+

  • 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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