Investment Opportunity: 696 sq.m. Residential Complex for Sale in Kato Sotiitsa, Melivoia District

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for Sale

Description

Description

Property Code: 1-607 | Available "exclusively" for SALE is an excellent residential investment complex, with a total area of 696 sq.m., built on a plot of 1,300 sq.m., in the privileged area of Kato Sotiritsa (Municipality of Melivoia). The property is located in front of the sea, as it is separated from the organized beach only by the coastal road (distance only 10 meters!).
The complex was built in 1998, is in good condition and consists of two (2) autonomous buildings, which offer great potential for tourist exploitation.
ANALYSIS OF BUILDINGS & SPACES
1st Building (2 Levels):
- Ground floor: It has five (5) independent studios consisting of a kitchen, a bathroom and a large room that opens onto a terrace and one (1) large apartment consisting of 2 bedrooms, a living room with a fireplace, a kitchen and a bathroom.
- 1st Floor: It has six (6) studios consisting of a bathroom, a kitchen and a large, shared living room.
2nd Building (3 Levels):
- Semi-basement: it has two (2) bedrooms, each with its own bathroom, which can function either independently, or together as an apartment, or with an internal staircase as an independent residence with the upper floor and accommodate an entire family.
- Elevated Ground Floor & Attic: A beautiful apartment with a living room, kitchen, and bathroom, with its bedroom located in the attic.
ADDITIONAL FEATURES & AMENITIES
- Condition: Very good and ready to operate, as it is available fully equipped with furniture and electrical
devices.
- View & Orientation: Unlimited, magnificent sea views, openness, all rooms have terraces facing the sea.
- Outdoor Areas: Large courtyard space in front, ideal for moments of relaxation for guests.
- BBQ in the back area next to the back building.
- 12 convenient parking spaces in the backyard for guests.
- Amenities & Security: Fireplace, alarm pre-installation, security camera system.
- Technical Features: Wooden frames, tiled floors, built-in wardrobes, traditional tiled roof.
- Energy Class: The
DISTANCES
- Sea: 10 meters
- Nearest Village (Sotiritsa): 7.6 km
- City (Larissa): 50.9 km
- Airport (SKG - Thessaloniki Airport "Macedonia"): 179 km.
LOCATION
- A single coastline of about 120 km that starts from the P.E. Magnesia, and extends north in the P.E. Larissa to the P.E. Pieria. In the shadow of the mountains Pelion, Mavrovouni, Kissavos and Olympos. With organized beaches, deserted bays, with sand or pebbles, thermal springs (Kokkino Nero), castles (Platamonas), dense vegetation, etc
- Public Services & Market: 500 meters from the complex there is an organized health center, open all year round, as well as a pharmacy, super market, taverns.
- Twelve-month Destination: Kato Sotiritsa is a settlement with permanent residents all year round. A green area with many olive groves and direct access to neighboring settlements and close to PATHE (National Road that connects Patras-Athens-Thessaloniki-Evzoni).
INVESTMENT OPPORTUNITY: A rare purchase proposal on the developing coast of Larissa, with a guaranteed high rental yield (R.O.I.) due to its nodal location right in front of the waves and the readiness of the complex to operate immediately and with a small start-up capital.
PRICE: 650.000 €
TOTAL AREA OF THE COMPLEX : 696 sq.m.
TOTAL PLOT AREA: 1,300 sq.m.
APARTMENTS: 13, one with 2 bedrooms + TWO EXTRA ROOMS
YEAR OF CONSTRUCTION: 1998
LEVELS: 3
CONDITION: Good condition
ENERGY CLASS: The
ZONE: Residential
FRONTAGE:15 meters
VIEW: Sea
SUITABLE FOR: Investment, Tourist Exploitation

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Quick Summary

Property Number:
607
Property Status:
for Sale
Property Type:
Other
Area:
696
Price:
650.000
Location:
Larisa, Dimos Agias, Kato Sotiritsa

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Map

Property Cost & Taxes

There are some extra costs that must be added to the price of the property.

These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.

The total value of the above is about 9% of the price of the property.

Property Price € 650.000
Cost & Taxes (9%) € 58.500
Estimated Total Price € 708.500

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