Land with an old house in the settlement of Sinies

Located in the settlement of Sinies.

Tucked into the hillside above the delightful, tiny resort of Agios Stefanos, the area of Kokkini offers an amazingly romantic setting, idyllic views and total tranquility.

The sea view as you can see in the photos is amazing.

The plot is an old olive grove and the beautiful, ancient terracing will be retained to preserve its special character and to provide lovely sitting areas.

This area is prime location on the island\’s prized North East Coast and is ideal for investors looking for villas to rent to established holiday companies, which already have properties in the village.

There is an old house of 185 sq.m in the plot, which needs to be renovated.
Within this piece of land a total 400sq.m. construction can be built. However, as 185sq.m. of this total is already accounted for by the old house, there are too possibilities. The first is that the old house remains and is renovated allowing for another villa of 215sq.m. or the second option is that old house is demolished and a new villa of up to 400sq.m. is constructed.

Another important factor to consider is the possibility of dividing the plot into 4 pieces. The plot containing the house must be 2.500sq.m. and each of the rest has to be 500sq.m.

These plots can either be sold as one or individually.

In the above case, where the plot is divided into 4 pieces, we can build many houses of total surface 1.240 sq.m plus the basement plus the verandas plus the pools.

This plot is perfect for investors because if they wish they can build a small neighborhood, in a variety of types and sizes.

In addition, as a study-construction company, Corfu Construction can take over the project of the study, designing and the construction of the houses if the client wishes so.