Engel & Völkers
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Investment property in a central hub of Kalamata

€520,000
  • 2 Bathrooms
  • 473 m² Total surface
  • 473 m² Living area
  • 1,040 m² Plot surface

Description

This unique property is located just five minutes from the new Kalamata City Hall, on a one-acre corner plot at a central city junction that connects the north and east sides of Kalamata. The location, adjacent to the inactive railway network and close to essential infrastructure, offers both convenience and tranquility. The property, originally built in 1955 as a stone-constructed primary school, presents an excellent investment opportunity. With a total area of 473 sq.m. across two levels—each of equal size—it is ideal for conversion into a commercial space. The ground and first floors are both equipped with infrastructure for bathrooms, and while the upper floor is accessible via large external stairs, the layout can easily be adapted to meet the needs of the new owner. The exterior space is expansive and versatile, featuring a central entrance from the east that currently serves as a parking area, along with a second entrance under construction on the north side. The property is in need of renovation, offering the flexibility to reshape it according to specific requirements. With its spacious interiors, potential for a large parking area, and the option to expand into neighboring properties, this property offers great flexibility for commercial use. Additionally, it benefits from an open mountain view and a prime location on a central road, making it an excellent investment opportunity in a growing area close to the city center.

Features
BalconyGardenGreen viewMountain viewOpen view
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Engel & Völkers MMC Greece

Your advisor: Sofia Kondyli

Property ID: W-02X0EL

Property details

Object type

Detached House

Condition

Good

Bathrooms

2

Number of Floors

2

Parking spaces

1

Total surface

473 m²

Living area

473 m²

Plot surface

1,040 m²

Flooring

Concrete

Energy efficiency information

Construction year

1955

Energy efficiency class

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Energy certificate available

Yes

Location: Kalamata, Decentralized Administration of Peloponnese, Western Greece and the Ionian

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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Houses for sale in Kalamata

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Engel & Völkers MMC Greece

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Provider:

EV MMC Greece S.A.

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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