A rare opportunity in the seaside village of Agios Konstantinos, just 80 meters from the beach. This unfinished building of 240 sq. m., set on a 408 sq. m. plot, lies within village limits and is fully buildable. Ideal for commercial, residential, or investment development with high long-term return potential.

Property Description

The building consists of two levels with a reinforced concrete structure and partially completed brickwork.

Located on a quiet street only 80 m from the coastline, it offers excellent visibility and easy access to village amenities.

Ground Floor (240 sq. m.)

• Designed for shops or professional use
• Concrete frame and brickwork completed
• Street-level access and wide façade

First Floor (240 sq. m.)

• Designed for two spacious apartments
• Pillars and infrastructure are already in place for the upper level
• Ideal for residential or holiday rental use

Plot

• 408 sq. m., within village limits, buildable and ready for a new building permit
• Public road access and a parking space in front
• 80 m from the beach

Investment & Business Potential

1. Investment Model:

Complete the existing structure to create apartments or studios for long-term or seasonal rentals.

Potential yield: 7 – 9% annual ROI.

2. Tourism Model:

Perfect for conversion into a boutique guesthouse or holiday complex near the sea.

Estimated return: 10 – 12% per year (based on seasonal operation April–October).

3. Mixed-Use Development:

Shops on the ground floor and apartments above offer dual income potential and long-term appreciation.

Location

Agios Konstantinos is one of Samos’ most picturesque coastal villages, known for its traditional architecture, fresh springs, and lush nature.

It lies:

• 2 minutes from the village center
• 10 minutes from Kokkari
• 20 minutes from Samos Town (Vathi, capital of Municipality of Eastern Samos)
• 20 minutes from Karlovasi (capital of Municipality of Western Samos)

The area is also known for the famous Nightingale Routes, ideal for hiking and eco-tourism development.

Summary

• Building: 240 sq. m. (2 levels)
• Land: 408 sq. m.
• Status: Under construction (concrete structure & partial brickwork)
• Usage: Commercial, Residential, or Tourist
• Distance from Sea: 80 m
• Within Settlement Limits: Yes, Fully Buildable