Real estate in Peloponnese

The Peloponnese is a large peninsula and region in southern Greece, forming the part of the country south ...

A property to renovate in Santorini

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Villa

A ruin house with a cave in the traditional settlement of Phoenicia is for sale on the island of Santorini. This is a unique opportunity to reconstruct and develop a property which, after reconstruction, can reach the size of 103,50 m2 on a plot’s surface of 41,05 m2.

The location of the property is unique - both very close to Oia settlement but at the same time in retreat offering a quite stay away from tourists’ crowds.

The Phoenicia settlement has been declared preserved, due to its particular architectural characteristics and interest.

There is the option either to follow the architectural border of the existing house plan or demolish the house in order to achieve a bigger flexibility in the configuration of the final construction.

The property can be developed either as a private residence or as an accommodation for touristic exploitation.

The buyer is an architect specialized in such constructions and the sale price includes the architect’s services for plan’s drafting and submission of permit.

Reconstruction cost is estimated to 1000 Euro/m2.

Price: 200.000 euro
 
Category Villa
Area 103.5
Total floors 1

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