The sale price includes an approved study for a four-star'Boutique Hotel' and is integrated in the development law. Previously, the property was initially 2 separate houses with independent entrances which became unified over the years. The plot of 517,28 m² has an additional building area of 117,06 m² in according to the existing urban planning provisions. The proposed investment plans of the property are two:'A Investment plan: There are the permits and the approval of the Ministry of Culture for restoration and change of the use of the ground floor. In this case the ground floor is intended for retail use and the first and seconds floors for residential. Support for the establishment and modernisation of small and medium-sized businesses in the Peloponnese Region with an approval budget of € 330.000 and a grant of € 200,000.
Located on the corner of Faron and Methoni streets, just a few meters from Kalamata beach.
Distance to airport: 6 km
Distance to the sea: 100 meters