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

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.