Engel & Völkers
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Investment plot on the coastal road of Loutraki

€590,000
  • 2,559 m² Plot surface

Description

This is an excellent investment plot with an area of 2,559 sq.m. in the beautiful and cosmopolitan Loutraki, with a large facade on the coastal road and within walking distance of the Loutraki Casino with its 5-star hotel. It is even and buildable, just 250 m. from the beach, ideal for creating investment residences, with a building factor of 0.40 for residential and 0.60 for tourist investment and a coverage factor of 30%. The plot that can be built is 2,144 sq.m., as the 415.09 sq.m. are required to be paved by a designated municipal road. Based on the topographic map, the plot will be divided into two: 1337 sq.m. & 807.63 sq.m.

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Engel & Völkers Athens MMC

Your advisor: Vasiliki Tsiama

Property ID: W-02WBY1

Property details

Object type

Site

Plot surface

2,559 m²

Location: Loutraki-Perachora, Decentralized Administration of Peloponnese, Western Greece and the Ionian

The prefecture of Corinthia is located in the northeastern Peloponnese. Unique Features: The prefecture has a variety of destinations ideal for summer and winter getaways. Corinthia is characterized for its rich diversity as it perfectly combines mountain, nature and sea escapes while it has a rich history and culture. A trademark of the prefecture of Corinth is the Corinth Canal, an impressive project that is navigated every year by more than 15,000 ships. Important cities of the prefecture are Corinth, Loutraki, Xylokastro, Agii Theodoroi and Kiato. Accessibility: Access to Corinthia is easy and can be done by car through the existing road network, and is only 84 km away from Athens and 132 km from Patras. Furthermore, long-distance buses provide regular services to most areas of the prefecture and there is a railway connection between the prefecture of Corinthia and Athens. Investment Opportunity: Greece is one of the most popular holiday destinations in the world, with the prefecture of Corinthia being in particularly high demand and becoming an increasingly attractive destination for investors in winter and summer.

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Engel & Völkers Athens MMC

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Engel & Völkers Athens MMC

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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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