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7 Bed Hotel for sale

Kalloni, Lesbos, Aegean islands, Greece

£502,170 *  [€590,000]

7 Bed Hotel for sale

Kalloni, Lesbos, Aegean islands, Greece

£502,170 *  [€590,000]

Property Details


  • Bedrooms: 7
  • Bathrooms: 6
  • Plot size: 4000 m2
  • Habitable space: 271 m2

Full Description


• Location: Skala Kallonis, Lesvos, in a central island location, offering accessibility and scenic beauty.
• Plot Size: 4000 m² of land,or can be 8000 m² upon request, providing ample space for leisure activities,tennis court etc, gardens, and outdoor amenities.
• Building Size: 284 m² of total construction, featuring several fully furnished, self-contained apartments and suites.
• Accommodation Layout: The complex includes [Insert number] units, which can be easily adapted into individual villas or exclusive holiday homes with private entrances, spacious living areas, and outdoor terraces.
Key Features for Villa Conversion
1. Independent Units for Villa Living: Each accommodation unit is designed with private kitchens, bathrooms, and living areas, offering an easy transformation into self-sufficient villas. These villas could be marketed to buyers looking for a luxurious second home or high-end rental property in a peaceful Mediterranean setting.
2. Outdoor Leisure Spaces: The property features beautifully landscaped gardens and 4 private swimming pools, ideal for relaxation and outdoor activities. Each villa could offer a private or semi-private garden, outdoor dining area, and pool access, enhancing the appeal for vacation homeowners.
3. Proximity to Key Amenities and Attractions: Located just a short distance from the sea, the property provides easy access to the beach and the charming village of Skala Kallonis. The area is renowned for its traditional seafood tavernas, vibrant local culture, and natural attractions like the Kalloni Wetlands, a favorite spot for nature enthusiasts.
4. Privacy and Tranquility: The property’s location in a quiet and secluded area of Skala Kallonis offers residents the peace and privacy they desire, making it an ideal setting for private luxury villas. Each unit can be tailored to provide a secluded retreat with unobstructed views of the countryside and surrounding nature.
Investment Highlights
• High Market Demand for Holiday Homes: There is increasing demand for luxury holiday homes and private villas in Greece, driven by both foreign and domestic buyers seeking vacation residences in scenic and unspoiled locations. Lesvos, with its natural beauty and cultural richness, is becoming a hotspot for second-home buyers and investors.
• Turnkey Conversion Potential: The existing infrastructure of the property, combined with modern amenities and high-quality finishes, makes the conversion into individual villas a cost-effective and streamlined process. Minimal investment would be required to create private luxury residences that meet the standards of the growing holiday home market.
• Flexible Development Options: The property's design allows for the flexibility to either sell the villas individually to private buyers or offer them as part of a high-end rental portfolio, generating strong rental income for investors. The land’s size also provides the opportunity to further develop the property by adding more exclusive features such as private pools, outdoor lounges, or landscape enhancements.
Target Market
The target market for these villas would be high-net-worth individuals and investors looking for:
• Second homes in Greece, especially in quieter, less commercialized areas.
• Luxury vacation rentals, catering to families, couples, or groups seeking private, upscale accommodations.
• Eco-tourism and wellness retreats, with the natural surroundings offering the perfect backdrop for such experiences.
Conclusion
The property offers a rare investment opportunity to create a high-end luxury villa complex in one of the most serene and beautiful locations on the island of Lesvos. With strong potential for both sales and rental income, this property is an excellent choice for developers and investors looking to tap into the rising demand for exclusive holiday homes in Greece.
We would be delighted to provide further details, financial projections, and arrange a viewing of the property.
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This property listing (ref: 1802212) is an advertisement supplied by Buy2Greece and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8511 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.