This well built and convenient 12 apartment complex is located a short walk to Ithaca’s capital town, Vathi.
The completed apartments all situated at ground level of the building are practical and basic in design studio flats.
They consist of a kitchenette, bedroom and bathroom. Each apartment also has a small patio area, allocated and secure parking as well as air conditioning.
This holiday complex currently operates as a successful business. It is fully booked during the summer months as they provide easy and convenient accommodation.
Above the apartments there is the infrastructure for another dozen apartments to be built on the top level of the building.
This was not completed however as the structure has been built it allows you to create what you would like to achieve with this space.
There is a garden just beside the complex, with landscaping one can create an outdoor entertainment area.
Furthermore, one could use the space to build a swimming pool. Both options would significantly add value to this already successful business.
This property has even greater potential than currently being made use of. In addition to the complex there is a three bedroom house which is included in the sale.
It is on the same property just towards the road as you enter the property. The house consists of three bedrooms, kitchen, lounge and bathroom. This is ideal as you are in close proximity to work and welcoming guests to the apartments.
The location is perfect for its purpose of holidays lettings as it is only a short walk to the centre of Vathi. The town hosts traditional taverna’s, curio and boutique stores, coffee shops and late-night bars and clubs.
Furthermore, the property is only a short drive to the ever-popular beaches of Filiatro and Sarankiniko which are known for their turquoise water and white pebbled shores.
If you are interested in the property development market or would like to own your own business in seasonal renting, this is a perfect opportunity to create something of your own while having the assurance of an existing business.
If you are interested in this property or would like to arrange a viewing, please contact us and we will get back to you shortly.
Area: 700m2 (12 apartments), Extra is Parking and Store room
Bedrooms: 1 bedroom/ apartment.
Bathrooms: 1 bathroom/ apartment
Type: For Sale
1km from the sea