The existing single storey building (restaurant) of 86.57 m² is placed on a plot of 582.50 m² bordering the coastal pedestrian street. At the rear side the property is bordering the main road Gialova – Pylos. The property enjoys uninterrupted magnificent views to the sea, the Navarino gulf, the island Sfakteria and the picturesque small-town Pylos.
It is possible to demolish the existing building and construct a new residential or commercial building. It is allowed to build 400 m² on two levels (ground floor and upper floor). Also, it is possible to build a basement that does not count as a building area.
In the last few years, due to important investments, the area has become a prime destination and attracts a lot of tourists and potential buyers searching to invest in this area of natural beauty. The construction of the new 5* waterfront hotel in Gialova as well as the construction of 2 more signature golf courses (Navarino Hills) have been announced. This property with almost straight access to the beach, spectacular views, perfectly located in the center of the village is an excellent offer and unique investment opportunity.
The signature golf course “Navarino Bay” is only 2.4 km (3’ drive) away while it takes 10 minutes to drive to the signature golf course “Navarino Dunes” and the Luxurious resort Costa Navarino.
Pylos, a 13-minute drive away, is a busy small town with port and extensive marina. It has a good range of shops and cafes built around a lovely central square, shaded by ancient plane trees. It also boasts an impressive castle. There are doctors and a small hospital/health center with good facilities and reliable staff who provide prompt emergency service.
It takes 55 minutes to drive to the International airport and the hospital of Kalamata which is the administrative capital of the area. Kalamata has a port, large yachting marina and motorway access to ATHENS. The center of town has been the subject of major regeneration during the past few years and offers a wide range of shopping, eating and relaxing opportunities along its main boulevard. There is a greater variety of shops here offering designer goods and some internationally known stores.
The price is € 400,000 (Negotiable)