Sale, Land, Residential

XILOKASTRO - MELISI

Property Code: 522885

Area 1012 m2

600000

or by acquiring a mortgage €/ΜONTH

592.88537549407 € / m2

Modify Date: 19/05/26

Description

SEAFRONT INVESTMENT PROPERTY WITH RESIDENCE, COMMERCIAL SPACE & BUILDING POTENTIAL – MELISSI XYLOKASTROU A unique investment opportunity in the heart of Melissi Xylokastro, just 30 meters from the sea, combining residential living, commercial space and exceptional development potential on a 1,012 sq.m. plot. The property consists of: Ground floor commercial space of 141.19 sq.m. First floor residence of 72.11 sq.m. Storage room of 4.21 sq.m. Remaining building capacity of 186.70 sq.m. The ground floor commercial space is currently leased to a car showroom with a highly satisfactory rental income, offering immediate investment return. The continuation of the current use or a different future exploitation of the space is entirely at the discretion of the new owner. The first-floor residence is sold fully furnished and features: 2 bedrooms 1 bathroom Bright modern open-plan living room and kitchen Fireplace Large verandas with panoramic and unobstructed sea views The residence is exceptionally bright, airy and corner-positioned, offering a unique sense of comfort and relaxation just a few steps from the beach. Within the property there is also an impressive traditional stone well, fully operational and actively used as a water source, adding a distinctive character and aesthetic value to the estate. The property offers multiple investment and development possibilities: Private residence with additional rental income Investment property Airbnb or tourist accommodation use Construction of additional residences or spaces due to remaining building capacity Combination of residential and commercial use Full tourism development potential At the rear side of the property there are four private parking spaces, offering convenience and practicality. The property also features air conditioning, aluminum window frames and large perimeter verandas, while access is easy through an asphalt road. It is located directly next to the sea and very close to the local market area. A rare seaside property combining immediate income, quality living and significant future development potential in one of the most beautiful coastal locations near Xylokastro.

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Distance from the sea (m) : 30
Zone : Residential zone
View : Sea, Mountain, Sideway
Position : Corner, Facade
Noise : Quiet
Building : Yes
Enclosure : Yes
Facade street : Asphalt
Building existence : Yes
Depth : 53
Building width : 16
Transportation : KTEL (Bus transport)
Building(s.m.) : 400
Good condition : Yes
Number of facades : 2
Drilling : Yes
Slope : Level
Benefits : Electric, Water, Drainage
Urban condition : Inside the zoning area
Building height : 7.5
Cover factor : 60
Structure factor : 0
Energy Class : F

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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