Peratata Castle Area Semi-Finished Building for Sale

Situated in a prime location just below the iconic St. George’s Castle, in the picturesque village of Peratata, this semi-finished building complex presents an exceptional development opportunity. The property enjoys a peaceful setting with unobstructed views, while remaining close to Kefalonia’s main urban and tourist hubs. Designed as a villa complex, it is ideal for residential use, holiday rentals, or a boutique hospitality project.

Key Features of the Property

• Plot Size: 1,400 m²

• Total Built Area: 440 m²

• Approved Master Plan: Complex of 8 villas & Swimming Pools

• Status: Semi-finished construction

• Documentation: Fully legal with a valid building permit

Location, Accessibility & Distances

The property benefits from an excellent strategic location, combining tranquility with easy access to all major points of interest:

• St. George’s Castle: 1 km

• Kefalonia International Airport: 4 km

• Argostoli (Capital of Kefalonia): 5 km

• Southern Beaches: Approx. 4 km

  • Including Lourdas, Trapezaki, and Xi Beach

• Road Access: Easy and direct connection to main road networks

This central positioning makes the property ideal for both private use and tourist exploitation.

Building Permit & Legal Status

The property is accompanied by a valid and active building permit, allowing immediate continuation of construction without the need for re-approval. The permit has been issued for the development of a residential villa complex and specifically includes:

• Construction of 8 independent villas, as per the approved architectural plans

  • 6 villas of 50 m² with one bedroom

  • 2 villas of 75 m² with two bedrooms

• Development of shared swimming pools

• Construction of a reception area to serve the complex

• A basement of 180 m² designated for auxiliary uses, storage, and technical facilities

• Approved layout, positioning, and building footprint within the 1,400 m² plot

• Compliance with all urban planning, zoning, and environmental regulations

All legal documentation is fully in order, ensuring a secure and transparent transaction. Any future modifications to the existing plans may be explored in accordance with current planning regulations, offering flexibility while maintaining full legal compliance.

Investment Opportunities & Development Flexibility

This property offers exceptional flexibility for investors:

• Continue the existing approved plan for a villa rental complex

• Modify the layout (subject to regulations) for:

  • Fewer, larger villas

  • A private luxury residence

  • Boutique hospitality accommodation

• Ideal for:

  • Short-term holiday rentals

  • Long-term leasing

  • Mixed-use residential/tourism development

Its size, location, and permit status make it a high-value, low-risk investment.

Why Choose Peratata Village?

Peratata is one of Kefalonia’s most charming and strategically located villages, offering an authentic island atmosphere combined with excellent accessibility. Built on a gentle hillside, the village enjoys open views, natural surroundings, and a peaceful environment, while remaining just minutes away from Argostoli and the island’s main infrastructure.

• Elevated location with unobstructed countryside and sea views

• Quiet and low-density village, ideal for privacy and relaxation

• Close proximity to Argostoli, without the noise and congestion of the capital

• Strong rental appeal due to central location and easy access to beaches

• Near St. George’s Castle, one of Kefalonia’s most important historical landmarks

• Excellent road connectivity to beaches, airport, and main attractions

• Ideal for residential, holiday, or investment use
  

This semi-finished development in Peratata represents a rare opportunity to acquire a versatile investment property in one of Kefalonia’s most strategically located villages. With a valid building permit, flexible development potential, and excellent connectivity, it is an ideal choice for investors seeking value, location, and long-term returns in the Greek real estate market.