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Property Listing Details

Land for sale

Monemvasia Xifias, Monemvassia, Laconia, Peloponnese, Greece

£22,507

€25,000

(€1/sq. ft)

Property details

Features

  • floor area43,056 sq. ft

Listing view statistics

Last 30 days: 592 page views

Since listed: 1455 page views

Description

South Peloponneses.

This land is owned by an elderly British couple.

The land is approximately 6km from Monemvasia South towards and beyond Nomia, Just beyond the seaside hamlet or village of Xifias is a right turn which is the road to the village Foutia, the plot is located on a turn on this road.

It is a sloping piece of land up towards the area of 'National Forest' with panoramic sea views.

It consists of 4000 sqm which is the required allocation to build a house, with access from the road which erases any access issues.

Water is obtainable by an, as yet, un-dug borehole, or of course a normal connection to the local water supply.

I have a copy of the survey and the original contract of purchase.

Xifias is a quiet and friendly village in Southeast Laconia, located in a natural bay with beautiful beaches. It offers good food in restaurant and taverns and stays in beautiful hotels.
Xifias is located 95km far from Sparta and 5.5 km from Monemvasia.

If you are a British resident, and as the vendors are British the transfer of purchase funds can take place within the British banking system, what does that mean, simply put you can pay the vendor from your UK account into theirs, this produces a “pink slip” that the notary will except as proof that payment has been made, so we won’t have to pay in Euros? No!

The benefit of this is also only one contract will need to be signed for the ownership of the property to change hands. This will reduce the legal costs, as normally in Greece there are three “signings”.

You will need an afm (a personal tax number) obtained for free from any Greek tax office if you go there in person, otherwise you will have to pay a Greek official who will charge you a fee, €150 euros and upwards, you will just need a photocopy of your passport if you make a personal visit.

If you open a Greek bank account you will need an afm tax number, a copy of your UK tax return or some other documents proving where you pay tax, or national insurance, with Alpha Bank you will need to make a deposit of at least €300 euros, if you get a sim card with a Greek phone number they will issue you with a bank card immediately.

Again you will be charged by a Greek official to provide a service that you can do for free if you are visiting Greece.

A Greek bank account will be essential if you wish to purchase a vehicle or work in Greece.

It is not a legal requirement to use the services of a lawyer in Greece, a lawyer readies documents for a notary to sign, the notary has the authority to legalise contracts not lawyers, you may consider the services of a lawyer as a matter of wisdom though.

My agency can recommend lawyers and notaries in the locality of the land, I have Greek family and I am fluent in Greek.

The owners purchased the land in 1994, the owners had no real proof-of-ownership, my agency located and arranged copies of the original contracts and survey, the paying of taxes (dating back to 2012) local government certificates, cadadtre, modern survey, forestry commission certificates etc.

The British owners have granted power-of-attorney to a local Greek official to sign any contract on their behalves.

Should you feel confident in our agency we can oversee the building of a home on the land.

If you are aware of the local architecture, you would have seen beautiful stone built homes, I would personally like to see an off-grid home on the land, I can envision a well sunk to provide water, also solar panels to provide electricity, a completely environmentally friendly home, it would certainly add to the cost of construction of the home, however the long term savings very often cover the initial costs. To sink a well usually costs between €1500-2000 euros, with a solar powered pump you have an endless supply of water. Please do not allow my own ideas distract from how you would envision a home if you show an interest in the land.

Planning will cost €13,000.

I have included a photo of a villa measuring 100m2, it is not included in the sale (yes I really do get questions asking how big the pool is!).

Building a home of 100m2 will cost roughly €100,000.
This plot is the most economically priced plot of building land in Greece, search and see for yourself!

My commission is £1500 payable in the UK.

Map & Nearby

Please note the map locations for this listing are approximate.

Local map of the area

Map and Street View Map showing location of property

Please note the map locations for this listing are approximate.

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Property descriptions and related information displayed on this page are marketing materials provided by Othen Business Services LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Othen Business Services LTD for full details and further information.