Nestled in the tranquil village of Stavros on Ithaca Island, this exceptional property offers an unparalleled combination of natural beauty, privacy, and convenience. With breathtaking views of both the surrounding mountains and the Ionian Sea, this 1,100 m² plot is the perfect canvas for personal use or investment. The property features a well-established villa complex comprising six two-level villas, making it an ideal opportunity for those looking to create a lucrative rental business or a serene getaway.
Property Features:
Six Two-Level Villas:
- The first building consists of three spacious villas, complemented by a large 100 m² basement used for linen and laundry.
- The central building includes two semi-detached villas, offering a unique communal living setup with individual privacy.
- A fully detached villa is situated at the far end of the plot, offering seclusion and privacy for its residents.
Shared Amenities:
- A 40 m² swimming pool accessible to all villa guests, providing a great space for relaxation and socializing.
Fully Furnished & Equipped:
- The villas come furnished and fully equipped, offering immediate revenue-generating potential. While the property is currently a successful rental business, it requires some renovation to unlock its full potential, offering an excellent opportunity to increase return on investment (ROI).
Location & Access:
Stunning Views:
The elevated position of the property offers uninterrupted mountain views and panoramic vistas of the Ionian Sea, creating an idyllic setting for relaxation.
Close to Village Life:
Situated just a few minutes’ walk from Stavros village, guests can easily enjoy local restaurants, supermarkets, and coffee shops while maintaining their privacy.
Beaches:
A short drive brings you to several of Ithaca’s pristine beaches, ideal for swimming, sunbathing, and water sports.
Vathi:
The capital of Ithaca, Vathi, is just 16 km away, offering access to a wider range of services, shops, and the island’s main port, ideal for exploring other parts of the island or the mainland.
Advantages of the Property:
- Spectacular Views: Enjoy both sea and mountain views, creating a serene and picturesque environment.
- Proximity to Village Amenities: While the property offers privacy, it is still within walking distance of Stavros village, providing easy access to shops, restaurants, and other local amenities.
- Renovation Opportunity: The property, though in need of renovation, presents an excellent opportunity for upgrading and modernizing to increase rental value and appeal.
- Privacy & Tranquility: Situated in a peaceful corner of Ithaca, the property offers quiet surroundings while still being close to the island’s vibrant culture and amenities.
- Investment Potential: The established rental business offers great income potential, with room for increased revenue through improvements and marketing.
About the Area & Key Highlights:
Stavros Village:
Stavros is a charming and serene village, known for its authentic Greek island atmosphere. Located on Ithaca’s western coast, it is surrounded by lush hills and offers a perfect blend of peace and connectivity. This village provides a traditional way of life while being close enough to modern conveniences.
Key Highlights of Stavros Village:
- Quiet & Secluded: Stavros offers a peaceful setting away from mass tourism, perfect for those seeking privacy and tranquility.
- Traditional Charm: With its stone-built houses and local tavernas, Stavros provides a glimpse into authentic island life.
- Convenient Location: Despite its quiet setting, Stavros is within easy reach of Vathi, Ithaca’s capital, and popular beaches.
- Community Atmosphere: The village is known for its friendly locals and relaxed pace of life, making it an ideal place to enjoy the simple pleasures of Greek island living.
Beaches:
Ithaca is famous for its unspoiled beaches, and the Stavros area is ideally located for easy access to Polis Bay and Filiatro Beach.
Natural Beauty:
Ithaca’s stunning landscapes include lush green hills, pristine coastlines, and a calm environment that is ideal for nature lovers. Hiking and cycling routes abound, providing plenty of opportunities to connect with nature.
Local Amenities:
Stavros Village offers all the local conveniences needed for everyday life, including supermarkets, traditional restaurants, and coffee shops, making it a great spot to experience authentic island living.
Renovation Opportunities:
While the property is currently fully furnished and equipped, it does require renovation to reach its full potential. Here are some opportunities for improvement and value enhancement:
- Interior Upgrades: The villas can be updated with modern furnishings and finishes to appeal to high-end tourists or for personal use.
- Exterior Renovations: The outdoor areas, including the pool and garden, can be enhanced to create a luxury retreat with al fresco dining spaces, landscaping, and relaxation zones.
- Energy Efficiency: Incorporating sustainable energy solutions like solar panels and efficient insulation could improve the property’s long-term profitability and environmental impact.
- Expansion: With the size of the plot and the layout of the buildings, there is potential for additional units or luxury features, like a spa, gym, or more villas, increasing rental income.
- Investment in Local Tourism: The property’s location in a village with untapped tourism potential offers the opportunity to develop a boutique hotel or tourist accommodation complex, catering to visitors looking for authenticity and peace.
Why This Property?
- Incredible Views: Stunning mountain and sea views offer a perfect backdrop for any development.
- Prime Location: Quiet and secluded, yet within easy reach of the village amenities, beaches, and the capital of Vathi.
- Renovation Potential: A great opportunity for investors to increase ROI by renovating and expanding the existing property.
- Value for Money: This property offers excellent investment potential for anyone looking to develop a rental property or create a dream home in Ithaca.
This property in Stavros Village, Ithaca, is a unique investment opportunity that combines natural beauty, tranquility, and a chance to renovate and enhance an existing complex. With its prime location, sea and mountain views, and untapped potential, this is a rare find in one of the most picturesque islands in Greece. Don’t miss out on the chance to own a piece of Ithaca’s natural beauty!
