Prime Location in Gythion: House Suitable for a B&B, Guest Rooms, or 2 Apartments—For Sale

Details

A detached house in a prime location is for sale in the center of Gythio, offering beautiful views of the Laconian Gulf and the port of Gythio.

Excellent opportunity to convert into 2 apartments, several rooms, and/or a B&B or apartment rentals.

The house is situated in a prime location in a quiet neighborhood, just a few steps above the seaside promenade, the harbor, and the central square in the heart of the traditional old town of Gytheio, with its many seaside (boutique) hotels, making it an excellent property for tourism.

This is a two-story property with a total area of 134 square meters, comprising a ground floor of 78 square meters and a second floor of 58 square meters, featuring a spacious terrace of approximately 35 square meters. It offers unobstructed views of the harbor, the sea, the mountains, and the island of Kranai, with many seaside taverns within walking distance.

A public elevator is currently being installed, which will also provide access to the house from street level.

Just a few minutes away, you’ll find the beautiful beach at Mavrovouni, among many others.

The square footage and unobstructed views of this detached residence, along with its location, make it an excellent investment opportunity for both residential use (including a B&B) and tourism.

It guarantees that the future investor will have the opportunity to realize the appreciation in value of the specific property, in an area experiencing rapid tourism growth and where there is a shortage of comparable investment properties.

The house is livable, but it needs interior RENOVATION, and the permits to begin work have already been obtained.

The town of Gytheio, in the heart of which this property is located, has been a prime destination for tourism investments in recent years. It is situated in the center of an area with a rich tourist and cultural heritage.

World-famous monuments and tourist resorts are less than an hour away.For example, the Dyros Caves and Aeriopoli, the UNESCO-protected settlement of Vathia, the much-talked-about Limeni, the castle town of Mystras, and the castle of Monemvasia are just some of the attractions located less than an hour away from Gytheio.

Cruise ships call at its commercial port year-round, and there is also a regular ferry service to Kythira and Crete.

Offers starting at 138,000 euros