Engel & Völkers
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Investment Property in the Historic Center of Kalamata

€730,000
  • 17 Rooms
  • 17 Bedrooms
  • 17 Bathrooms
  • 425 m² Living area
  • 308 m² Plot surface

Description

This complex of 17 independent residences (studios), with a total area of 425 sq.m., is located in the historic center of the city of Kalamata, spanning three levels. Each 25 sq.m. residence consists of an open-plan living room-kitchen area, 1 bedroom, and 1 bathroom. The construction of the property was completed in 2003, in accordance with the area's characteristics related to color and historical significance. This is a substantial investment opportunity, as comparable properties in the area are rare due to their size and immediate availability for rent. Income is generated through long-term leases, but with minor interventions, it is also suitable for short-term rentals for increased revenue. This particular property guarantees you an investment proposal with immediate returns!

Features
Air conditionBalconyBasementBuilt-in kitchenElevatorBuilt in wardrobeFurnished
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Engel & Völkers MMC Greece

Your advisor: Konstantinos Papadopoulos

Property ID: W-02VBV4

Property details

Object type

Investment

Condition

Good

Rooms

17

Bedrooms

17

Bathrooms

17

Floor

3

Number of Floors

3

Living area

425 m²

Plot surface

308 m²

Flooring

Tiles

Energy efficiency information

Construction year

2000

Energy efficiency class

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Energy certificate available

Yes

Location: Messinia, Kalamata

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.

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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

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Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and registration fees shall be paid by the purchaser. The commission shall be paid by the seller and /or the buyer depending on the brokerage agreements in place.

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