Ithaca, Cephalonia, Ionian Islands, Greece

This multifaceted property is for sale in the heart of Stavros village.

This property is made up of commercial spaces, a private dwelling as well as additional areas one can convert into livable spaces. There are two large retail spaces which are road facing which receive a good amount of footfall and passing trade. Both spaces are currently leased with long term tenants.

At the back area of the shops there is an elevated terrace providing panoramic views over Stavos, Frikes in the distance and the Mazourka hillside.

The property is on the corner of the block with a footpath to the side of the property. Along this path there are two storage areas underneath the shops spanning 152m2. Furthermore there is another large storeroom of which the entrance is within the property. This space is made up of 53m2 has scope for renovation and can be converted into a spacious studio flat.

Next to this area is what used to be the old bakery of Stavros; the area is approximately 50m2 and still has the stone-built clay oven with a grape press in the room next to it. These are beautiful and old features of this property which not only makes this property so unique and multi dimensional, but also makes up the history of the village.

Behind the retail building there is an outdoor terrace area with stairs leading to the entrance of a basic one bedroom house complete with a kitchen and bathroom. The property has a front garden which is bordering the road behind the town. This area is flat and consists of lemon and olive trees and can be built on further as the entire property lies within the town zone.

Finally underneath the house one can find another two storage spaces with entrances opening to the pathway beside the property. One could choose to keep them as storage or convert into basic rooms for summer rentals.

In its entirety this property has incredible potential with further investment and vision with clever use of the spaces available one can create a lucrative opportunity. This property is prime location and already provides income from the commercial letting.

Should you be interested in this unique opportunity, please contact us and we can arrange a viewing to discuss the possibilities further.

Property details

Entire Property - 542.31m2

Commercial spaces (both levels) - 382.98m2

Commercial space (road level) - 176m2

Two storerooms underneath shops (opening to path) - 152m2

Storeroom under shop (within property) - 53m2

Old bakery and grape press - 50.37m2

Total House - 66m2

House top level - 32.96m2

House (2 storage spaces) - 33.14m2

Sterna ( water cistern) - 14.79m2

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MV Properties offer four areas of service:

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MV Properties specializes in simplifying the buying, selling and management process of your house, land or ruin on the island of Ithaca, Greece.

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