SKE0077 Apartment Complex for sale

This rather iconic building can be seen from the main road and parking lot in Skala Eressos, and offers both a commercial business opportunity, as well as quite a big project to sink one’s teeth into.

Basically the structure of the building itself is mostly finished, though at the same time there is quite an awful lot that still needs to be done as well before its full potential can come out.

The building consists of 8 very spacious self-contained rooms, and they are divided over two storeys, i.e. four rooms per level. Each room has an en-suite bathroom with w.c., sink, and shower, and each unit also has its own private balcony.

Note that the balconies still require finishing before they can be safely used, as for example there currently aren’t any railings installed yet. The latter also applies to the enormous roof terrace at the top of this building, which currently also doesn’t have railings installed yet. It is possible to create a proper roof terrace for your guests and the 360 degree views from Skala Eressos and kampos are utterly spectacular and won’t disappoint.

At ground floor level there is a small alcove with enough space for basic kitchen facilities / washing machine for guests.

Though it is possible to make only several small finishing touches to each room in order to receive guests, it is also worth considering to give the units a complete overhaul and to modernise the bathrooms and windows/doors. We believe that such improvements will greatly increase the demand from guests. We appreciate that such considerations obviously depend on the buyer’s budget and we will be able to assist potential buyers with both ideas and advice.

Access to the property is via a quaint little back street, and down a lovely green path. The property is free-standing on its own private land. As such there is plenty of space to create parking spaces for your guests. The land is large enough to also establish a vegetable garden, to plant flowers and shrubs and to create a communal outside sitting / entertainment area. There are already a few established trees on the land, such as a pomegranate that produces fruit every year.

Due to its proximity to the beach of Skala Eressos, as well as to its shops and other amenities, this property should definitely peak your interest if you wish to invest both your time and your money in a potentially very successful rental business in this area. The possibilities for this particular property are for sure plenty, especially with the right budget! This building can be also changed to a large 4 bedroomed house.

Please contact us for further information or make an appointment for a viewing.