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Plot for sale

Argostoli, Kefalonia, Ionian islands, Greece

£635,793 *  [€740,000]

Plot for sale

Argostoli, Kefalonia, Ionian islands, Greece

£635,793 *  [€740,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 1002 m2

Full Description


FOR SALE: A prime plot of land with a total area of ??1,002.61 sq.m., fully buildable and situated within the city plan along the Ring Road, in one of Argostoli’s most strategic and rapidly developing locations.

The property occupies an elevated position, offering an unobstructed, exceptional view of the Koutavos Lake and the historic De Bosset Bridge.

Due to the terrain’s slope, the plot offers the unique potential to construct a basement level that is accessible from a municipal road and enjoys the view, thereby maximizing usable space.

Building specifications:
Capacity to build an 800 sq.m. structure (residential or commercial) plus a 200 sq.m. attic (if built as a residence/maisonette) and two basement levels of 400 sq.m. each with access from two municipal roads.

The second basement level (400 sq.m.) would be at street level on the lower side of the plot.

Additional construction allowance for 160 sq.m. of covered verandas.

Description & Location:
This is a through-lot with frontage on two roads—one being the Argostoli Ring Road (with 10 meters of frontage)—offering excellent potential for commercial development.

Future expansion of the Argostoli town plan is slated for the area bordering the upper side of the Ring Road towards Spilia.

The Ring Road serves as the main artery connecting the airport and the tourist area of ??Lassi with the rest of Kefalonia and the Industrial Area (VIPE), handling heavy traffic while bypassing the city center.

The area is fully developed, featuring significant residential and commercial growth and is surrounded by newly built homes, retail and wholesale outlets, cafés, and service stations.

Investment Opportunity:
The property is an ideal choice for residential development—such as luxury homes or apartments with a view—or for commercial use, including the construction of a commercial building, offices, or tourist accommodation in a high-visibility location.

Price: 740.000 euros.
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This property listing (ref: 06021979-67) is an advertisement supplied by Delta Properties 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 0.8592 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.