For sale in the picturesque Milina in South Pelion is an excellent investment proposal, since due to the Decree – Law of Pelion, the construction of 2 or more buildings on the same plot is no longer allowed. So here we have a complex of 3 different properties, legally existing in a corner plot of area 979,31sqm, even and buildable, just 50m from the village beach.
They are described in detail as follows:
Building A:
– A 2-storey, airy building, with a ground floor of 133,41sqm built in 1978 and a first floor of 133,41sqm built in 1980.
The property currently consists of 10 rooms with their respective bathrooms, a kitchen area, a storage room and a kitchenette, which are located to the left and right of the central corridor. The 2 floors are connected to each other via a wide marble staircase. On its front side it has a single long balcony. Until 2010 it operated as a hotel with a permit from the Greek National Tourism Organization. Since then it has been abandoned and today it needs a complete renovation.
Building B:
A 2-storey corner stone traditional style house built before 1950, which consists of:
– Ground floor with a total area of 128,42sqm, of which 77,48sqm consist of the stone part, currently divided into 3 separate areas, and 50,94sqm (later expanded) where they previously functioned as a dining room – kitchen – bathroom.
– 1st floor with an area of 77,48sqm consisting of 4 rooms plus the central entrance hall. The building has 2 small balconies facing the street. This particular floor has access via an external staircase and a large terrace of 50sqm, which makes it particularly privileged.
It also needs complete renovation.
Building C:
– An unfinished (brick) ground floor building of 44,70sqm with a 2004 permit, which consists of 2 separate studios and a terrace area.
The new owner could join one of the tourist investment property subsidy programs (NSRF – Development, etc.), thus saving a significant amount of capital, which could reach a six-digit amount or even more, creating a remarkable modern tourist unit in the heart of the village.
The strong “cards” of this particular proposal also include the spacious plot (yard – garden) that can be used in various ways, as well as easy car access.
It could also function as 3 or more independent residences, covering the needs of holiday or permanent residence of large families, or friends – relatives.
New Age Real Estate
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