4-Level Building for Sale in the Historic Center of Kalamata Total area: 366 sq.m. – Built in 1990 In the historic center of Kalamata, in one of the most up-and-coming and developing areas of the city, a 4-level detached building with four independent residences is available for sale. The property combines residence and investment potential, while being within easy access of pedestrian streets, a market, cafes, services and the traditional shopping center.
Detailed Building Layout ➡ Semi-basement – 60 sq.m. • Independent residence, ideal for exploitation as a studio or small Airbnb apartment • Large openings on the facade that allow natural light • Independent entrance from the paved facade • Suitable for renovation and utilization as a guest house, workspace or auxiliary living space
➡ Ground floor – 2-room apartment, 106 sq m • Large entrance area • Spacious living room and separate kitchen • 2 or 3 bedrooms (depending on the configuration) • Bathroom • Access from a central display case with a glass door • Also suitable for professional use (office, laboratory, doctor's office) due to the location on the ground floor
➡ 1st floor – Three-room apartment 100 sq m • Comfortable and bright apartment with very good orientation • Large balcony with railing and awning • 2 bedrooms, living room, kitchen, bathroom • Ideal for a family or long-term rental • Facade on a quiet street with a pleasant view of the neighborhood
➡ 2nd floor – Three-room apartment 100 sq m • Large house with excellent natural lighting • Balcony with panoramic view • 2 bedrooms, living room, kitchen, bathroom • Proportion of rooms that makes it spacious and functional • Possibility of immediate upgrade and high rental income
Additional Features • Construction 1990 • Aluminum frames • Balconies on all floors • Autonomous services for each house • Air conditioning in parts of the building • Paved outdoor area in front of the entrance • Low traffic — comfortable pedestrian access • Safe and traditional neighborhood
Investment Opportunities The building offers high investment prospects: ▪ Long-term Lease 4 independent houses can yield a stable annual income. ▪ Short-term Rental (Airbnb/Booking) The area is extremely popular for tourism, especially due to: • short distance from the beach • proximity to the historic center • proximity to the market, the Municipal Market and the old neighborhoods ▪ Boutique Apartments The building can be renovated into: • 4-apartment complex • boutique-style residences for tourists • small guesthouse
Building Condition The construction is solid and of high quality for its time, however, it requires: • exterior painting work • renovation of balconies/awnings • possible interior renovations depending on the use