£1,147,787

9 bed property for sale

  1.  - Detached House For Sale, Limni, 450 Sq.m., €1.350.000
  2. Property photo 2 of 25.
  3. Property photo 3 of 25.
Just added

£1,147,787

€1,350,000 (€279/sq. ft)

9 bed property for sale

Sipiada, Evvoia, Greece

9 beds
7 baths
4,844 sq. ft

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Local area information

Property location

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Features and description

- Detached House For Sale, Limni, 450 Sq.m., €1.350.000

Limni, Evia | Seafront Investment Property with Commercial Space, 7 Units and Significant Development Potential

In an excellent location, directly on the seafront road of Limni, Evia and just a few metres from the sea, this self-contained investment property is offered for sale on a 590.49 sq.m. Plot, with an existing built area of approximately 450 sq.m.

The property combines commercial, tourism and residential potential and consists of a ground-floor commercial space and 7 independent rental units, of which 2 are one-bedroom units and 5 are studios, ranging from approximately 25 to 35 sq.m.

The units are arranged across different levels of the building and feature balconies with open views towards the sea, the harbour and the town. On the upper level, there is also a large open terrace with particularly attractive panoramic views, offering excellent potential for the creation of a roof garden, further enhancing both the guest experience and the commercial identity of the property.

The ground floor accommodates a commercial space with a wide frontage onto the seafront road. A broad pavement area in front of the property provides strong visibility and additional potential for outdoor use.

A major advantage of the property is the large open section at the rear of the plot, offering considerable flexibility to the future owner. This area may be used as a private garden, leisure area, additional parking or developed with a swimming pool, creating a complete seaside hospitality environment.

The property also offers additional building potential, further strengthening its investment profile. Part of the additional buildable area may be developed above the existing commercial space, allowing for the creation of an additional room, suite or other income-producing accommodation, adding further value to the overall hospitality concept.

The existing layout can support a range of different investment models, from independent residences and larger apartments to a more integrated hospitality concept.

Thanks to its location, configuration and expansion potential, the property is particularly well suited to a serviced apartments or boutique accommodation concept, especially when combined with a swimming pool in the outdoor area, a roof garden on the terrace and the further utilisation of the available buildable area. Such a concept could significantly enhance the overall guest experience and strengthen the property's investment appeal.

This is a property offering a rare combination of features for Limni, Evia: Seafront location, existing tourism and commercial use, sea views, a large plot, generous outdoor space and substantial potential for further development and upgrading.

Plot size: 590.49 sq.m.
Existing built area: Approx. 450 sq.m.
Units: 7, including 2 one-bedroom units and 5 studios
Commercial space: Ground-floor retail/commercial unit
Parking: 5 open parking spaces
Year built: 2004
Partial renovation: 2018
Views: Sea, harbour and town
Additional potential: Further development, additional usable space above the commercial unit, swimming pool, roof garden, serviced apartments concept.

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More information

Property descriptions and related information displayed on this page are marketing materials provided by - Green Acres. 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 Green Acres for full details and further information.

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