Ratzakli, Cephalonia, Ionian Islands, Greece

Jan Mitchell Properties Greece are delighted to present this exceptional development opportunity, occupying a stunning position with breath-taking views across Mounda Beach. Offering enormous versatility and exciting potential, the property could be transformed into a substantial family residence, renovated to create multiple self-contained apartments, or further developed through the existing planning permission for an extension or an additional dwelling. The possibilities are extensive, making this an exciting prospect for investors, developers or those seeking to create a truly impressive Mediterranean home.

The existing accommodation is arranged over three floors and currently comprises five self contained apartments, each featuring a kitchenette, en-suite shower room with WC and a private balcony. The building has previously accommodated additional units, highlighting the potential to maximise the existing layout. Furthermore, the lower floor benefits from two substantial storage rooms which could offer scope for conversion, subject to the necessary permissions.

Externally, the property occupies an impressive 4,118sqm plot, accessed via a grand gated driveway providing ample parking for multiple vehicles. The grounds feature a large swimming pool, alongside a private walled barbecue area with pergola, creating an ideal setting for outdoor dining, entertaining and enjoying the beautiful surroundings.

With its generous plot, flexible existing accommodation, development potential and spectacular coastal outlook, this is a rare opportunity to acquire a property with significant scope in a highly desirable Greek setting.

Property Highlights

Plot size: 4,118sqm

Existing building: Circa 290sqm

Three-level residential building

Currently arranged as five self-contained apartments

Planning permission for an additional dwelling or extension

Two large storage rooms with potential for conversion, subject to the necessary permissions

Grand gated driveway with extensive parking

Large swimming pool

Walled barbecue area with pergola

Private balconies and breath-taking views across Mounda Beach

Topographical survey and permits available

An outstanding opportunity to create a bespoke residence or explore the potential for a multi-unit investment in a spectacular coastal location.

IMPORTANT NOTE TO PURCHASERS
We endeavour to make our property details accurate. However, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Some of the imagery may have been enhanced by AI. Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency. All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval. If you require clarification or further information on any points, please contact us direct.