Description
Detached House for Sale in Monemvasia. Situated in the picturesque area of Monemvasia, this beautifully constructed detached house offers a blend of tranquility and convenience, making it a perfect retreat or investment property. Spanning 110 square meters, the single-story home is thoughtfully designed with three bedrooms, two bathrooms, a spacious open-plan living and kitchen area with a cozy fireplace, and a veranda that provides breathtaking views of the sea and the historic castle.
Built in 2000, the house is set on a 1,175 square meter plot, which consists of two combined plots, offering the potential to build an additional residence. The property features a 25 square meter basement storage area and benefits from high-quality construction and insulation. It is fully furnished and equipped with modern amenities including electrical appliances, air conditioning, oil central heating, and a solar water heater. The house also boasts insect screens, awnings, and a private parking space.
The exterior of the property is equally impressive, with a well-maintained garden, an outdoor barbecue area, and a rainwater collection tank for irrigation. The house is fenced and pet-friendly, ensuring a secure and comfortable environment.
With the potential to expand the living space to a total of 400 square meters, including auxiliary spaces, this property represents a valuable investment opportunity. It is currently listed on two popular short-term rental platforms, making it a viable income-generating asset. Additionally, for those looking to develop further, the property can accommodate up to 650 square meters of tourism or commercial space, adding to its investment appeal.
Detached House for Sale in Monemvasia. Location Information:
Monemvasia, located on the southeastern coast of the Peloponnese, is a captivating destination renowned for its medieval charm and stunning landscapes. Often referred to as the "Gibraltar of the East," this historic town is renowned for its well-preserved Byzantine and Venetian architecture, perched on a dramatic rocky island connected to the mainland by a causeway.
The area is a popular tourist destination, attracting visitors with its narrow cobblestone streets, ancient churches, and breathtaking sea views. Monemvasia offers significant investment potential due to its growing popularity in tourism and hospitality.
The demand for vacation rentals and boutique accommodations continues to rise, presenting opportunities for property investments. Additionally, the town's rich cultural heritage and picturesque setting make it an attractive location for both residential and commercial ventures, including restaurants, shops, and boutique hotels.
With its blend of historical allure and economic potential, Monemvasia stands as a promising investment hotspot in Greece's real estate market.
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