Discover a partially built 114.5 sq.m. property sitting on an 803 sq. m. land plot in Palaikastro, Samos, with an investment of over €170,000 and potential for expansion. Less than 10 minutes from Samos Town and pristine beaches, ideal for customization. Great investment opportunity.

This promising property, located at the entrance of the peaceful village of Palaikastro, Samos, offers a unique opportunity for buyers looking to complete a home according to their preferences. Nestled on an 803 sq.m. plot, the current building spans 114.5 sq.m., with the potential to expand up to 400 sq.m., including provisions for an additional floor. The license for the construction of the property was issued in 2016. The design offers breath taking views of the surrounding valley and mountains, making it a perfect retreat for those seeking tranquillity, yet close to key amenities.

Property Features:

• Investment to Date: Over €170,000 has been invested, including 12 tones in high-quality metal beams, ensuring durability and structural integrity.
• Layout & Structure: The home features two bedrooms, one with an on-suite bathroom, a spacious sitting room combined with a kitchen, a separate bathroom, an entrance space leading to the sitting room/kitchen and another room with a cement ladder that is meant to lead internally to the upper floor. Additionally, 30 sq. m. of space has been allocated under the building for housing heating and plumbing equipment. This is easily accessible from the side of one of the large terraces.
• High-Quality Insulation: The property has been constructed with double-layer brick walls and insulation throughout, including insulated concrete areas, ensuring energy efficiency and comfort year-round.
• Potential for Expansion: Provisions have been made for a second floor, with a ladder and space already in place, enabling the new owner to add more living space and enjoy even more spectacular views.
• Terraces & Entrances: The home is surrounded by expansive terraces all around, offering ample outdoor space to enjoy the beautiful Samos weather. There are two entrances, located on the north and south sides of the building, providing convenience and flexibility in design.

Location:

Palaikastro village is less than a 10-minute drive from the vibrant Samos Town, providing easy access to shops, restaurants, and essential services. Additionally, the property is a short drive from some of the island’s most pristine beaches, including Mourtia, Lakkes, Kerveli, and Posidonio, known for their crystal-clear waters and peaceful surroundings. Whether you’re looking for a quiet lifestyle in a serene village or easy access to Samos Town and beaches, this property is ideally situated.

Additional Details:

• Electrical Installation: The property already has electrical installation in place, with the final wiring yet to be completed, reducing the time and cost required to finish the property.
• Approved Building License: In the past, a building license was granted for the addition of a second floor, offering even more potential for growth and customization.

This property provides a rare opportunity to invest in a partially built home with significant future potential, while already benefiting from a considerable amount of work completed to a high standard. With stunning views and a convenient location close to both Samos Town and beautiful beaches, this property is a blank canvas waiting for you to make it your own.