Argostoli, Cephalonia, Ionian Islands, Greece
€290,000
- PROPERTY TYPE
Detached
- BEDROOMS
2
- BATHROOMS
1
- SIZE
1,485 sq ft
138 sq m
Key features
- Plot size: 114.60 m²
- Ground-floor residence: 69.35 m²
- Basement: 69.35 m²
- Location on Vergoti Avenue, a central road with strong visibility
- Strong renovation and redevelopment potential
- Suitable for residential, professional, or investment use
- Excellent accessibility and visibility
- Consistent demand
Description
This property is located on a 114.60 m² plot on Vergoti Avenue, a central and prominent road in the heart of Argostoli. It consists of a ground-floor residence of 69.35 m², together with a basement of equal size (69.35 m²), forming a building with strong potential for renovation, redevelopment, and investment.
Situated on a central road with strong commercial and professional visibility, the property benefits from a prime position within the center of Argostoli, offering excellent potential for both residential use and professional activity. Although the property requires complete renovation and maintenance, its location and layout provide significant opportunities for redesign and transformation.
Key Features of the Property
Plot size: 114.60 m²
Ground-floor residence: 69.35 m²
Basement: 69.35 m²
Location on Vergoti Avenue, a central road with strong visibility
Situated in the center of Argostoli
External spiral iron staircase leading to the roof
Multiple internal and external access points
Courtyard with planted areas
Strong renovation and redevelopment potential
Suitable for residential, professional, or investment use
Building Layout
Roof Level
The property includes access to the roof level through an external spiral iron staircase. This level provides additional utility and storage space and offers potential for future adaptation or functional use, depending on renovation plans.
It consists of:
Boiler room & Storage space
Ground-Floor Residence
The ground-floor residence of 69.35 m² forms the main living area of the property and features a bright, flexible, and functional layout. The corridor creates efficient circulation between rooms, while the living and dining areas are well-connected for comfortable use. The bedrooms at the front of the house receive ample natural light from windows facing Vergoti Avenue. This layout is ideal for modern living, professional use, or further redesign according to specific needs.
It consists of:
Main entrance
Central hallway
Two bedrooms facing Vergoti Avenue
Bathroom
Living room
Dining room
Small kitchen
Internal connection to the basement through an iron staircase
The dining area is accessible both from the living room and from the main corridor, offering flexible circulation and potential for interior reconfiguration.
Basement
The basement of 69.35 m² provides a spacious and versatile area that can be adapted for storage, workspace, or professional use. It is accessible via the external staircase from the main entrance and an additional connection from the kitchen, creating practical connectivity between levels.
It consists of:
Two main interior spaces
Large storage area
Additional small storage room near the staircase
Externally, the basement opens onto a courtyard with flower beds, providing natural ventilation and outdoor space.
Renovation Opportunities
Both the ground-floor residence and the basement require full renovation and maintenance, presenting an excellent opportunity for complete redesign and modernization. Renovation may include:
Structural upgrades
Interior redesign
Energy efficiency improvements
Adaptation for professional or mixed-use purposes
With proper renovation, the property can be transformed into a modern residential or professional space while maintaining its central urban character.
Interior Transformation Possibilities
The current layout allows for flexible interior modifications. For example, the bedrooms could be relocated away from the main avenue to enhance privacy and reduce noise exposure. The front areas could then be repurposed as living spaces, reception areas, or professional offices.
Depending on the design, the building could become:
A modern urban residence
A professional office or clinic
A mixed residential and professional property
A small business headquarters
The basement can also be adapted to serve as additional workspace, storage, archives, or support areas.
Investment Opportunities
Due to its central location and high visibility, the property presents a valuable investment opportunity. Potential uses include:
Medical practice or clinic
Law or consulting office
Architectural or engineering studio
Professional offices
Rental investment property
Mixed-use residential and professional building
The location on Vergoti Avenue ensures excellent accessibility and visibility, enhancing the property's commercial potential.
Why Choose the Center of Argostoli?
Argostoli is the capital and administrative center of Kefalonia, combining vibrant urban life with strong tourism activity.
Key highlights include:
Commercial and administrative hub of the island
High pedestrian and vehicle traffic
Close proximity to public services, shops, restaurants, and offices
Strong tourism presence throughout the year
Excellent accessibility for professional activities
Properties in the center of Argostoli enjoy consistent demand for both residential and professional use, making them particularly attractive for investment.
This property on Vergoti Avenue represents a rare opportunity to acquire a centrally located building with significant redevelopment potential. While the structure requires complete renovation, its prime location, flexible layout, and strong commercial exposure make it ideal for transformation.
Whether developed as a modern residence, professional workspace, or investment asset, the property allows owners to fully capitalize on the dynamic environment of central Argostoli.
Situated on a central road with strong commercial and professional visibility, the property benefits from a prime position within the center of Argostoli, offering excellent potential for both residential use and professional activity. Although the property requires complete renovation and maintenance, its location and layout provide significant opportunities for redesign and transformation.
Key Features of the Property
Plot size: 114.60 m²
Ground-floor residence: 69.35 m²
Basement: 69.35 m²
Location on Vergoti Avenue, a central road with strong visibility
Situated in the center of Argostoli
External spiral iron staircase leading to the roof
Multiple internal and external access points
Courtyard with planted areas
Strong renovation and redevelopment potential
Suitable for residential, professional, or investment use
Building Layout
Roof Level
The property includes access to the roof level through an external spiral iron staircase. This level provides additional utility and storage space and offers potential for future adaptation or functional use, depending on renovation plans.
It consists of:
Boiler room & Storage space
Ground-Floor Residence
The ground-floor residence of 69.35 m² forms the main living area of the property and features a bright, flexible, and functional layout. The corridor creates efficient circulation between rooms, while the living and dining areas are well-connected for comfortable use. The bedrooms at the front of the house receive ample natural light from windows facing Vergoti Avenue. This layout is ideal for modern living, professional use, or further redesign according to specific needs.
It consists of:
Main entrance
Central hallway
Two bedrooms facing Vergoti Avenue
Bathroom
Living room
Dining room
Small kitchen
Internal connection to the basement through an iron staircase
The dining area is accessible both from the living room and from the main corridor, offering flexible circulation and potential for interior reconfiguration.
Basement
The basement of 69.35 m² provides a spacious and versatile area that can be adapted for storage, workspace, or professional use. It is accessible via the external staircase from the main entrance and an additional connection from the kitchen, creating practical connectivity between levels.
It consists of:
Two main interior spaces
Large storage area
Additional small storage room near the staircase
Externally, the basement opens onto a courtyard with flower beds, providing natural ventilation and outdoor space.
Renovation Opportunities
Both the ground-floor residence and the basement require full renovation and maintenance, presenting an excellent opportunity for complete redesign and modernization. Renovation may include:
Structural upgrades
Interior redesign
Energy efficiency improvements
Adaptation for professional or mixed-use purposes
With proper renovation, the property can be transformed into a modern residential or professional space while maintaining its central urban character.
Interior Transformation Possibilities
The current layout allows for flexible interior modifications. For example, the bedrooms could be relocated away from the main avenue to enhance privacy and reduce noise exposure. The front areas could then be repurposed as living spaces, reception areas, or professional offices.
Depending on the design, the building could become:
A modern urban residence
A professional office or clinic
A mixed residential and professional property
A small business headquarters
The basement can also be adapted to serve as additional workspace, storage, archives, or support areas.
Investment Opportunities
Due to its central location and high visibility, the property presents a valuable investment opportunity. Potential uses include:
Medical practice or clinic
Law or consulting office
Architectural or engineering studio
Professional offices
Rental investment property
Mixed-use residential and professional building
The location on Vergoti Avenue ensures excellent accessibility and visibility, enhancing the property's commercial potential.
Why Choose the Center of Argostoli?
Argostoli is the capital and administrative center of Kefalonia, combining vibrant urban life with strong tourism activity.
Key highlights include:
Commercial and administrative hub of the island
High pedestrian and vehicle traffic
Close proximity to public services, shops, restaurants, and offices
Strong tourism presence throughout the year
Excellent accessibility for professional activities
Properties in the center of Argostoli enjoy consistent demand for both residential and professional use, making them particularly attractive for investment.
This property on Vergoti Avenue represents a rare opportunity to acquire a centrally located building with significant redevelopment potential. While the structure requires complete renovation, its prime location, flexible layout, and strong commercial exposure make it ideal for transformation.
Whether developed as a modern residence, professional workspace, or investment asset, the property allows owners to fully capitalize on the dynamic environment of central Argostoli.
Argostoli, Cephalonia, Ionian Islands, Greece
NEAREST AIRPORTS
Distances are straight line measurements- Cephalonia(International)4.0 miles
- Zakynthos Island(International)36.2 miles
- Aktion(International)53.9 miles
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This is a property advertisement provided and maintained by Petersons Group, Kefalonia (reference 39465) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.