A magnificent private Estate in an enviable position right next to the sea with large sea frontage and access to two bays. The property boasts stunning 360° views of the sea, the nearby bays and the dramatic western coastline. In need of modernisation and renovation this is a truly amazing investment opportunity in a unique location.

1.500.000,00 €
Reference: NWPALE6 | North West | Villas

Located right next to the sea in the well-known and beautiful resort of Paleokastritsa, this Estate is a wonderfully unique and rare find. The property is set on a peninsular/headland that ensures magnificent 360° views of the sea, the many surrounding bays, the dramatic Western coastline as well as Paleokastritsa harbour that is just opposite. As Paleokastritsa is a protected area with no further construction allowed, these views are secure and can never be obstructed.

Offering total privacy, the Estate is set within a stunning plot of 8,000 sqm that is full of lush vegetation – there is a good variety of beautiful trees including olives, cypress and fruit trees. The main living area is surrounded by large verandas, paved patios, stone stairways and pathways and there is plenty of room to build a private pool should this be desired. It is a magnificent spot with wonderful exterior areas ideal for relaxation and alfresco dining whilst enjoying the absolutely stunning vista.

The main gate to the Estate is accessed via an asphalted road. From here you follow a private road through the wonderful lush grounds to the parking area and the main building that has been constructed using hand chipped stone. This main building, that is full of character but which requires modernisation, offers 240 sqm of living space over two levels with large verandas all around. It currently comprises 4 bedrooms, a spacious living and dining area, kitchen, office and storage areas.

There are 3 further single storey buildings in need of renovation that would be perfect for use as guest accommodation – two of these are on the way to the beach and are 64 sqm and 32 sqm in size. The third, offering 40 sqm of living space is closer to the main building.

With its unique location, stunning and protected views, privacy and close proximity to the sea and harbour, this really is the dream investment opportunity – the chance to own an Estate in an area and location that is the envy of all.

Characteristics
Building Size: 380 M²
Land Size: 8000 M²
Levels: 2
Interior
Bedrooms: 6+
Exterior
Parking: Private Parking
Garden: Landscaped garden
View: Panoramic stunning view of the sea and the coast
Distances
Local Amenities: 0,2 Km
Distance to Golf: 7 Km
Distance to Corfu Town: 24 Km
Nearest Beach: 0,0 Km
Distance to Port: 23 Km
Corfu Airport: 24 Km
Key Features