Stunning Complex Of Properties For Sale In Monemvasia Laconia

Description

Stunning complex of properties for Sale in Monemvasia Laconia Greece

Esales Property ID: es5553452

Property Location

Akras Minoas 25 ,
Monemvasia
23070
Greece

Property Details

With its glorious natural scenery, warm climate, welcoming culture and low cost of living, Greece is quickly gaining a reputation as one of the most desirable places across the world to live or visit. On offer here is a chance to make a smart financial investment into this magnificent part of the world.

A primely located 885m2 complex with a spectacular view comprising of 3 consecutive houses and a large commercial area. The property is situated right at the beach in the beautiful tourist town of Monemvasia (A Castle Beyond Time). It is located 20 meters from the sea and 50 meters from the nearest swimming beach (Glyfada Beach).

• The Castle of Monemvasia is at direct view and is located at 1.2km.
• The shopping centre is just 450 meters away.
• The Harbor of Monemvasia is at 1.8km.
• Kalamata International Airport is a 2 Hour drive.
• Athens International Airport is a 4 Hour drive.

Monemvasia is an all-year-round tourist destination, boasting thousands of tourists per annum with a large number of cruise ships, yachts, as well as coach and charter (from Kalamata airport) turnover. This activity peaks during the months of April until October. During high season, international visitors use it as a base, while exploring the rest of Laconia and Mani with an abundance of tourist destinations such as Elafonissos Island, the Caves of Diros, Kastania Caves, Gythio, Sparta, Mystras etc. Monemvasia is also a lively winter destination with a plethora of Greek visitors favouring it as a romantic getaway. It is a space that comprises of expressive culture, upper-quality local produce, gastronomic perplexity, as well as a profusion of picturesque landscape.

Property Advantages

• Ideal for renting the houses separately to large families / school teachers
• Ideal for commercial use (Airbnb)
• With adjustments, the property can be renovated to a 20-25 room Boutique Hotel including a Breakfast area and Swimming pool.
• The property can further be divided into 4 individual houses that can be sold separately.

The whole space, comprising of 3 consecutive houses and an indoor commercial area encompasses of 600m2 of built property with a further 285m2 of forepart landscape right in front of the sea.

HOUSE 1:
• Large space of 145m2
• Ground floor
• 3 Bedrooms
• 2 Bathrooms
• Kitchen area
• Open space living room
• Large outdoor area with gates
• Fully furnished

HOUSE 2:
• Space of 120m2
• First floor
• 3 Bedrooms
• 3 Bathrooms
• Kitchen with an open space dining area
• Living room
• Narrow veranda with a view of the sea

HOUSE 3:
• Large space of 140m2
• Second floor
• 4 Bedrooms
• 2 Bathrooms
• Kitchen area
• Open space dining room
• Living room with stone-built fireplace
• Spacious veranda with a spectacular coastal view of the Castro

COMMERCIAL SPACE:
• An extra-large indoor space comprising of 195m2
• Located on the first floor
• Offering the largest outdoor forepart space for potential renovation (poolside, outdoor bar/ coffee and/or restaurant/ playground)
• An ideal space for commercial use (gum-playground-Hostel- Spa) as well as for potential renovation that can accommodate up to 4 separate studios.

Investment Advantages

Greece currently offers two (2) active investment grants for 2022-2023, being:

1. Energy Upgrade 2022 from 50-85%
• Replacement of frames
• Installing/upgrading thermal insulation and more.

2. Development Law 4887/2022
Strengthening Tourism Investments
Subsidized Expenses up to 70%
Almost all costs related to the construction/modernization/expansion of a facility.

ABOUT THE AREA

Monemvasia is a town and municipality in Laconia, Greece. The town is located on a small island off the east coast of the Peloponnese, surrounded by the Myrtoan Sea. The island is connected to the mainland by a short causeway 200 metres in length.

Monemvasia is a uniquely preserved medieval town that is carved into the majestic grey rock like a sculpture. By land, there is only one way in, via a causeway, as the origin of its name (one entrance) implies. The 'Gibraltar of the East' or a 'stone ship' about to set sail, as the famous Greek poet Yannis Ritsos described his birthplace, beckons you for a journey through time, wandering through vaulted alleyways and past churches and aristocratic mansions.

Take a swim in its crystal-clear waters and sample its delicious cuisine and legendary wine. Following in the footsteps of knights, pirates, crusaders and emperors, who all fell under the spell of this mythical place in the Peloponnese, time will stand still and you’ll become one wi