Traditional greek stone house which now derelict, and which can be rebuilt to its original footprint. Located in a very quiet part of the Mani and sitting at around 400mtrs above sea level, access is from the main road connecting the villages of Saidona and Kastania and from there you drop down to the edge of the natural shelf of the land here. The property sits at the edge of the shelf, with the very large olive grove to the north and east of the house, thus given perfect views up and down the coastline of the Mani. Given its elevation, there is no risk of any future construction to the coastal side to block these amazing views.... from this location you get year round sunrises and sunsets.
The property itself was owned by the Sellers Grandparents, who has a lot of historical information about the site and its place in the greek history of the region dating back to the days of the Revolution. The walls of the property are still standing, as are some of the boundary walls, so you are able to picture what the property looked like some 200 years ago. A large water cistern remains today on the site, as do remnants of the old life there.
The olive grove on offer today is over 7,000 m2 and has more than a hundred olive trees to be harvested each year, more than enough olive oil for a large family and still plenty to be sold in the market for a profit. There is direct road access to the property, and although off grid today, water and power are nearby at the main road above.
As the plot has an existing former dwelling this land plot does not have major issues with acquiring Building Permits, as other plots may have today in the Mani. This project would be the restoration of an existing house and therefore should be a much simpler construction project to get started.
Should a Commercial Investment be considered by the new Owners, the plot size can be increased easily, as further land is owned adjacent to the plot on offer, doubling of the plot size would not be an issue.
An investment of this size, would meet the requirements for an application of Golden Visa for residency in Greece.