Overview

  • 39591
  • Property ID
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 378 m2
  • Property Size
  • 540 m2
  • Property Lot Size

Description

This tourist property is located in the center of Skala village on the island of Kefalonia, in a highly desirable position approximately 500 meters from the beach. The property benefits from immediate walking access to restaurants, cafes, bars, shops, and all village services, making it an ideal location for hospitality use.

Built in 1994 and situated on a 540.48 mยฒ plot with frontage on two roads, the building is developed across four levels. It currently operates as a small tourist accommodation complex with 4 units, while the ground floor is leased to a restaurant tenant, generating high rental income due to the prime location. The building itself is for sale, while the restaurant business is independently operated by the tenant.


Key Features of the Property

  • Tourist property with 4 accommodation units
  • Ground floor leased as a restaurant with high rental income
  • Located in the center of Skala village
  • Approximately 500 meters from the beach
  • Plot size: 540.48 mยฒ
  • Total building area: approximately 378,22ย mยฒ
  • Outdoor seating area of approximately 118.5 mยฒ
  • Walking distance to restaurants, shops, and tourist facilities
  • Strong rental income from the leased restaurant
  • Accommodation units generate seasonal rental income with strong ROI
  • Interiors can be personalized to enhance comfort, style, and guest experience

Property Overview

Basement Level

The basement has an area of approximately 108 mยฒ and is used as a supporting auxiliary space for the restaurant, including storage and operational facilities.


Ground Floor โ€“ Restaurant Area

The ground floor measures approximately 108.39 mยฒ and is dedicated to a fully operational leased restaurant, currently arranged with approximately 40 tables, benefiting from strong foot traffic in central Skala.

It includes:

  • Kitchen and preparation areas
  • Service and storage spaces
  • Indoor dining area
  • Outdoor seating area of approximately 118.5 mยฒ

The restaurant operates independently and is not included in the sale as a business, but provides immediate rental income due to its prime location.


First Floor โ€“ Accommodation Units

Accessed via a separate entrance from the restaurant, the first floor measures approximately 108.39 mยฒ and consists of 4 independent apartments, all sharing the same layout:

Each unit includes:

  • Living area with sofa space
  • Small kitchenette
  • Guest WC
  • Private balcony with views
  • Internal staircase connection to attic level

Attic Level โ€“ Sleeping Areas

The attic level measures approximately 53.44 mยฒ and is internally connected to the apartments, creating a duplex-style accommodation layout.

It includes:

  • Bedrooms for each unit
  • Private bathrooms
  • Quiet and private sleeping areas
  • Elevated positions with open views

This creates a duplex-style accommodation layout across all 4 units.


Layout Summary

  • Ground floor: Restaurant with approximately 40 tables + outdoor seating
  • Basement: Auxiliary/support space for restaurant
  • First floor: 4 apartments (living area + kitchenette + WC + balcony)
  • Attic: Bedrooms + bathrooms connected internally

Location and Advantages

The property is in the central area of Skala village, one of the most popular tourist destinations in Kefalonia. Its strategic location allows easy access to local services and attractions within walking distance.

Key advantages include:

  • Approximately 500 meters from Skala Beach
  • Walking distance to restaurants, cafes, bars, and shops
  • Easy access to tourist services and local amenities
  • High rental value for the ground floor restaurant due to prime location
  • Located within the main commercial and tourist area of the village

The central location makes the property highly attractive for both visitors and investors.


Investment Opportunity

This property offers a strong mixed-use investment opportunity, combining stable income and long-term upside potential.

Key advantages include:

  • Prime central location in Skala village
  • Existing rental income from leased restaurant
  • Strong seasonal demand for accommodation units
  • Walking distance to beach and amenities
  • Mixed-use structure ensuring diversified returns

Renovation Opportunity

The property requires full renovation, presenting a significant value-add opportunity:

  • Full modernization of all accommodation units
  • Upgrade of interiors, bathrooms, and kitchenettes
  • Creation of a boutique hospitality concept
  • Enhancement of duplex layouts into premium suites
  • Improved design, comfort, and guest experience

Why Skala Village?

Skala is one of the most popular tourist destinations in Kefalonia, combining natural beauty with developed tourism infrastructure.

Highlights include:

  • One of the largest and most beautiful beaches in Kefalonia
  • Vibrant tourist center with restaurants, bars, and shops
  • Popular destination for international visitors
  • Strong summer tourism season
  • Easy access to other attractions and villages of the island

The village attracts thousands of visitors each year, ensuring stable demand for tourist accommodation.


A rare opportunity to acquire a mixed-use hospitality building in the center of Skala, combining a leased restaurant generating immediate income with 4 duplex-style accommodation units. Despite requiring full renovation, the property offers a strong foundation for transformation into a high-performing boutique tourism asset with excellent ROI potential.

State/County:
Country: Greece

Property Id: 39591
Price: โ‚ฌ1.480.000
Property Size: 378 m2
Property Lot Size: 540 m2
Bedrooms: 4
Bathrooms: 4
Year Built: 1994
Basement: 108
Floors No: 2
Village boundaries: In Village 100%

Other Features
All Documents in Order
Attic
Balcony
Basement
Beach Access
Close to the port
Close to traditional restaurants
Market nearby
Mountain view
Natural landscape
Road access
Sea view
Storage
Uninterrupted views
Walking distance to beach

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Energy Class: C
A+
A
B
Energy class C
C
D
E
F
G
H

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