€ 800.000

For sale new construction in Pyrgadikia, Odos Hvris Onomasia, Aristotelis 630 78, Greece

Property features

Property description

A 1,000 sq. m. plot located in the center of the village, 150 meters from the harbor (marina for yachts and boats) and approximately 200 meters from the nearest beach.
The beaches in the area are pristine and all are within 400–500 meters of the village—easily accessible on foot.
The plot contains a building in the "rough construction" (shell) stage, built with brick and concrete, and topped with a concrete slab.
The building's area is distributed as follows:
1. **Basement level (440 sq. m.):** Currently permitted as storage/cellar space, but it could be converted into a garage, as parking is a major issue in the area.
2. **Ground floor (440 sq. m.):** Originally planned as a retail space. It could be configured into 3–4 separate shops or converted into residential units (the property status can be changed).
3. **First floor (440 sq. m.):** Offers sea views (thanks to the village's amphitheater-like layout). This level is currently divided into 10 apartments, each measuring 40 sq. m.
The new owner could develop the property into rental studios (during the season, the average price for a standard room is approximately 100 EUR) or convert it into 5 separate maisonettes (duplexes), each measuring 80 sq. m.
In this area, property prices range between 2,750 and 4,000 EUR per square meter. The settlement is located in a bay on the eastern side of the second peninsula; the season runs from late May (or even mid-May) to mid-October, as the water is always warm.
The settlement reaches 100% occupancy every season, as it is one of the most beautiful places in Halkidiki.
The structures are in excellent condition; only the finishing work remains to be completed (the concrete and other materials are of high quality, with no signs of erosion or other damage).