Engel & Völkers
Aerial view of a two-story building with a red tile roof, surrounded by other buildings and greenery in a sunny, urban setting.

Investment property in a central hub of Kalamata

€495,000
  • 2 Bathrooms
  • ~473 m² Total surface
  • ~473 m² Living area
  • ~1,040 m² Plot surface

Description

This unique property is located just five minutes from the new Kalamata City Hall, on a one-acre corner plot at a central city junction that connects the north and east sides of Kalamata. The location, adjacent to the inactive railway network and close to essential infrastructure, offers both convenience and tranquility. The property, originally built in 1955 as a stone-constructed primary school, presents an excellent investment opportunity. With a total area of 473 sq.m. across two levels—each of equal size—it is ideal for conversion into a commercial space. The ground and first floors are both equipped with infrastructure for bathrooms, and while the upper floor is accessible via large external stairs, the layout can easily be adapted to meet the needs of the new owner. The exterior space is expansive and versatile, featuring a central entrance from the east that currently serves as a parking area, along with a second entrance under construction on the north side. The property is in need of renovation, offering the flexibility to reshape it according to specific requirements. With its spacious interiors, potential for a large parking area, and the option to expand into neighboring properties, this property offers great flexibility for commercial use. Additionally, it benefits from an open mountain view and a prime location on a central road, making it an excellent investment opportunity in a growing area close to the city center.
Features
BalconyGardenGreen viewMountain viewOpen view
engel & völkers shop image

Engel & Völkers Greece Second Home MMC

Your advisor: Konstantinos Papadopoulos

Property ID: W-02X0EL

Property details
  • Object type

    Detached House

  • Condition

    Good

  • Bathrooms

    2

  • Number of Floors

    2

  • Parking spaces

    1

  • Total surface

    ~473 m²

  • Living area

    ~473 m²

  • Plot surface

    ~1,040 m²

  • Usable surface

    ~473 m²

  • Garden surface

    ~791 m²

  • Flooring

    Concrete

Energy efficiency information
  • Construction year

    1955

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

Location: Kalamata, Peloponnese Region

Location: Kalamata is the capital and central port of Messinia and is located in the western Peloponnese. Unique Features: Kalamata is one of the largest olive producers in the world. In recent years, it has become one of the most important tourist destinations, offering several options for every taste. Kalamata is known for its beach as one can enjoy a stroll along the Messinian Gulf and with a view of Taygetos throughout the year.The entire coastal route has a cycle path, while there are several cafes, bars, shops and ouzo bars in the area. Accessibility: Kalamata is just 223 km from Athens, 215 km from Patras and 715 km from Thessaloniki. Kalamata has an international airport from which flights to Thessaloniki are operated, as well as many seasonal charter flights to various cities in Europe. Investment Opportunity: Kalamata is emerging as one of the country's most up-and-coming tourist destinations, attracting more and more foreign and Greek investors.

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by EV MMC Greece S.A.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data EV MMC Greece S.A. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers Greece Second Home MMC

engel & völkers shop image

Provider:

EV MMC Greece S.A.

Privacy policy of content provider

License partner of Engel & Völkers Residential GmbH

wavy pattern