4 bedroom house for sale
Greece - Koroni, Messinia, Peloponnese
like this property?Call: 03339 872620
- Tastefully restored historic property
- Perfect location equidistant from beach and town centre
- Located in picturesque historic town
- Well established rental business generating good income
- Services and facilities in the town open all year round
traditional mansion house in the picturesque village of Koroni,
Messinia, on the Greek mainland.
The property is situated in the heart of the village in walking distance
of the vibrant waterfront and town centre and also of the famous
Zaga / Memi beach.
The property was completely restored by the current owners in 2003
and had further significant improvements in 2014. The property
comprises 4 self contained studio apartments (each 30-35sqm) and
is currently managed as a successful holiday letting business with a
high proportion of repeat customers.
The property is constructed and equipped to a very high standard.
There is a solar water heater with electric immersion for hot water.
A reserve water storage tank with pump ensures continuous water
supply and even pressure to all apartments. Each apartment has
a well equipped kitchen and air conditioning. There is high speed internet connection to the property.
Each apartment has a balcony or outside space in the courtyard. The courtyard contains an ornamental pool and fountain .
The property would be suitable as a commercial investment yielding a high rate of return through rental income, or could be reconverted to a private home. In the event that the purchaser wished to continue the existing business, the current owners could provide an all inclusive management service.
Koroni village is a popular holiday destination for both international and Greek tourists. It is served by Kalamata airport, 50km away. Kalamata airport is one of the fastest growing regional airports in Greece and Cruise ships have begun to visit kalamata Port. Kalamata itself is a candidate city for European City of Culture.
The property is 50 minutes drive from the Costa Navarino golf resort. Athens is 3.5 hours drive away. All the major tourist attractions of the Peloponnese are within a day's excursion - Olympia, Epidaurus, Ancient Messini, the Mani, Mistras etc.
Koroni is at the heart of Greece's main olive growing region and is also a centre for wine, raisins, figs and other agricultural products. Koroni was one of only four towns on the Mediterranean given a culinary award by UNESCO for the mediterranean diet. The village also boasts a vibrant arts festival and concert programme.
Year of construction: ca 1920
Plot plot area: 128 sqm
Building area: 85 sqm
Courtyard Apartment A 30 sqm
Courtyard Apartment B 35 sqm
Upper Apartment C 30 sqm
Upper Apartment D 35 sqm
Annual rental income 35 - 40,000 euros
The owners might also consider the sale of the development they have outside Koroni, comprising 4 detached rental villas, shared swimming pool and private residence and reception building. This is also an excellent investment opportunity generating significant income and would be of interest to anyone contemplating a change of lifestyle.
More information from this agent
- Kalamata (International), 29.7 miles
*Distances are straight line measurements. This feature is currently in beta.