Potamianata, Cephalonia, Ionian Islands, Greece

An outstanding investment opportunity just 3.5 km from Agia Efimia.
Situated in the traditional village of Potamianata, Pylaros, this 536 sq.m. corner plot, located within the village boundaries and enjoying frontage on the main provincial road, is offered for sale together with an existing 52 sq.m. unfinished residence.
With a total development potential of up to approximately 240 sq.m., an existing structure and an approved building permit for two independent residences, this property represents an outstanding opportunity for both private buyers and investors, offering flexibility, development potential and the significant advantage of not having to start from scratch.
Why This Property Stands Out
536 sq.m. plot within the village boundaries
Development potential of up to approximately 240 sq.m.
Prominent corner location with frontage on the main provincial road
Existing 52 sq.m. unfinished residence
Approved building permit for two independent residences
Building permit may be amended to suit the new owner's requirements, subject to the applicable planning regulations
Significant saving in planning time, development costs and licensing procedures
Only 3.5 km from Agia Efimia
Two Opportunities - One Excellent Investment
1. Complete the Existing Residence
The property already includes a 52 sq.m. unfinished house, which may be completed and transformed into a comfortable permanent residence, holiday home or rental property, requiring a considerably lower investment than constructing a new home from the ground up.
2. Take Advantage of the Approved Building Permit
The property benefits from a valid building permit for the construction of two independent residences, representing a major advantage by saving valuable time, reducing development costs and avoiding the lengthy planning approval process.
The approved permit provides for the construction of two independent residences of 43.20 sq.m. and 58.00 sq.m., each comprising one bedroom, a living room, kitchen, bathroom, private outdoor area, water tank and private parking space.
The existing building permit may be amended by the new owner, subject to the applicable planning regulations, allowing the project to be tailored to individual architectural preferences and functional requirements. In addition, the plot offers an overall development potential of up to approximately 240 sq.m., providing even greater flexibility for future development.
Location
The property is located just 3.5 km from Agia Efimia, one of Kefalonia's most picturesque and sought-after seaside villages. Renowned for its beautiful natural harbour, vibrant marina, waterfront cafés and traditional tavernas, Agia Efimia also offers easy access to Myrtos Beach, Sami and Northern Kefalonia, making it an ideal location for both permanent living and tourism investment.
Whether you are looking to complete an existing home, create your own holiday retreat or develop a new residential project, this property offers exceptional flexibility and long-term value in one of Kefalonia's most attractive areas.