SOLINARI STONE RENOVATION HOUSE

BUILDING ALLOWANCE 240 sm

PLOT SIZE 6,000 sm

130,000 Euro

Solinari is a small seaside hamlet 16 kilometres from the small holiday resort of Ermioni on the south coast of the Peloponnese. Solinari stone renovation house is in a secluded location 500 m. from the sea and opposite the island of Hydra. It enjoys an excellent sea view to  Hydra and with rolling countryside to the rear.

The property is set on a spacious plot of 6,000 sm. and has a building allowance of 240sm. Solinari stone renovation is in need of full renovation and at present provides 100 sm. pf accommodation plus a basement of 50sm which has a door and one window.  100 sm  of the building allowance is taken up by the existing house, excluding the basement. If the basement is declared as being part of the main house to be used for residential purposes, then the remaining additional building allowance is 90s.m.

Electricity and a mains water supply are available and only need reconnection. As part of the renovations a modern septic tank would be required for sewage disposal.

The coast between Ermioni and Solinari is  an exclusive location which includes a development of luxury villas at Plepi, 3kms away and the exclusive international resort at Porto Hydra, some 5kms away.  Ermioni is an attractive holiday town in its own right  with  waterfront tavernas, beaches, small harbour  and hydrofoil services to Piraeus and several of the nearby islands.

The cost of renovation will be subject to the detailed requirements of the purchaser and the quality of fixtures, fittings and finishes, such as tiling etc. and the size of the eventual finished building.

Solinari stone renovation is only 250m.  by asphalt road, leading from the main road to Ermioni. A similar road leads directly to the beach.

FEATURES OF SOLINARI RENOVATION HOUSE

  • Accommodation 150sm
  • Building allowance 240 sm
  • Sea & Mountain views
  • Exclusive location
  • 6,000 sm plot
  • 500m from sea
  • Asphalt road access

INVESTMENT POTENTIAL OF SOLINARI STONE RENOVATION HOUSE

During the last two years there has been strong demand in Greece  for investment properties which can become income earning.  The unfulfilled need for holiday rental accommodation has been fuelled in part by the success of companies such Air BNB.

The availability of suitable properties at prices which appear  modest compared to those on the international market have also helped. The Greek climate, the blue skies and the turquoise waters of the Greek seas, complete the picture.

 

 

Property Features

  • Garden
  • Mountain Views
  • Open fireplace
  • Sea Views
  • Terraces