This spectacular piece of land with vast olives groves and a license to build in the area of Theologo on the outskirts of Vathi is for sale.

This generously-sized property which spans over 4954m2 consists of 75 olive trees and beautiful terraced land with stone walls. The land produces a plentiful harvest of olives which is then processed into olive oil throughout the autumn months. The trees are healthy and land has been well maintained and cleared annually.

The property is out of the town zone however it does have building permission and is being sold with a license to build 2 x 70m2 houses as per the current plans. However, there is flexibility with regards to the license in which you are able to build up to 220m2 should you not wish to follow the original planning permission. This license is valid until 2022.  There is road access as well as electricity to the property.

This piece of land is truly special as it captivates the natural surroundings beautifully; it is peaceful and quiet and would create the ideal setting for private or commercial investment. The surrounding land is still vast enough to maintain a bountiful annual olive oil production. 

Selling together with this property there is another plot of 1113.76m2 size at a cost of 10,000€. This would allow one to have further outdoor space and more olive groves, providing you with more olive oil.

If you are looking to build from the ground up with the benefit of already having licenses and plans in place, then this is the property for you.

Should you wish to arrange a viewing and discuss the licenses, please do not hesitate to contact us and we will get back to you.

We also offer a project management service, for more about that read through our Building on Ithaca brochure.

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