Exclusive

Investment property of 250 sq.m. for renovation on a 17,000 sq.m. estate in Kyparissia

€400,000
  • 4 Bedrooms
  • 2 Bathrooms
  • ~250 m² Total surface
  • ~250 m² Living area
  • ~17,000 m² Plot surface

Description

Set in a privileged location that combines complete privacy with direct access to the sea, just a 3-minute drive away, this detached three-level residence of 250 sq.m. is offered for sale within a fully fenced estate of 17,000 sq.m. Built in 1992 with a strong emphasis on quality construction, the property features central heating and stands out for its extensive use of Norwegian-style timber, which adds timeless elegance, warmth, and a distinctive character. Its solid structural foundation, combined with a practical and spacious layout, offers excellent potential for renovation and modernization, making it an ideal candidate for conversion into a high-end residence immersed in nature. The house is spread across three levels and comprises a total of five bedrooms. The first floor features three spacious bedrooms with built-in wooden wardrobes and large balconies offering uninterrupted views of the surrounding landscape and the sea. The top level (attic) accommodates an additional bedroom and enjoys panoramic views extending to the horizon of the Kyparissian Gulf. On the ground floor, in addition to the enclosed two-car garage, there is a fully independent apartment with a separate entrance, incorporating the fifth bedroom. This versatile space is ideal for guest accommodation, a home office, staff quarters, or an independent unit for short-term rental and tourism use. The outdoor area is one of the property's strongest assets. A large covered semi-outdoor space offers multiple possibilities, including an outdoor lounge area, BBQ area, storage space, or additional parking. The expansive 17,000 sq.m. estate includes a productive olive grove with numerous centuries-old olive trees, while a private water well and water storage tank ensure autonomy and cost-efficient maintenance. This property represents an outstanding opportunity, whether as a private holiday home or as an investment with significant potential for tourism and hospitality development. Combining natural beauty, tranquility, and sea views, it offers a unique setting for those seeking a premium lifestyle or a high-potential real estate investment in the Kyparissia area. Images in the Exposé may have been optimized or adapted using AI for illustrative purposes.
Features
Built-in kitchenGarageGardenPatioSea/Lake viewTerraceFireplaceGreen viewGuest toiletOpen view
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Engel & Völkers Greece Second Home MMC

Your advisor: Eleni Geka

Property ID: W-04A601

Property details
  • Object type

    Detached house

  • Bedrooms

    4

  • Bathrooms

    2

  • Number of Floors

    3

  • Garages

    1

  • Total surface

    ~250 m²

  • Living area

    ~250 m²

  • Plot surface

    ~17,000 m²

  • Flooring

    Tiles, Wooden floor

Energy efficiency information
  • Construction year

    1992

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Kiparissia, Peloponnese Region

Location: Kyparissia is a seaside town located on the west coast of the Peloponnese peninsula in Greece. Unique Features:  Kyparissia is situated in the southwestern part of the country and is known for its picturesque beaches, crystal clear waters, and lush greenery. The town is surrounded by olive groves and vineyards and has a long history, with evidence of human habitation dating back to ancient times. In addition to its natural beauty, Kyparissia is also renowned for its traditional architecture and delicious local cuisine, making it a popular tourist destination for those seeking a mix of history, culture, and the outdoors. Accessibility: By car: Kyparissia is located approximately 200 km from Athens, the capital of Greece, and can be reached by car via the National Road 9 (Athens-Patras). The drive takes approximately 2-3 hours. By public transportation: Kyparissia can be reached by bus from Athens and other major cities in Greece. The bus journey takes around 4 hours from Athens. By plane: The nearest airport to Kyparissia is Kalamata International Airport, which is about an hour's drive away. Direct flights are available from Athens and other major cities in Europe. Overall, Kyparissia is accessible, but the time and effort required to get there may vary depending on your starting point and mode of transportation. Investment Opportunity: Kyparissia is a popular tourist destination and has a growing real estate market, which could potentially lead to high rental demand and appreciation in property values.

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