Building for Sale

Within a charming olive grove setting and just twenty meters from Alinda Beach in Leros, this exceptional complex of five fully renovated and operational apartments presents a rare investment opportunity combining immediate income with future development potential. The apartments were fully renovated in 2019 and are offered completely furnished and fully equipped. Each unit includes air conditioning, televisions, modern kitchens, refrigerators and all necessary amenities for seamless tourist operation. The property is surrounded by a beautifully landscaped garden filled with flowers, fruit trees and mature olive trees, all irrigated by a private water supply, ensuring sustainability and reduced operational costs. Its prime location, only steps from the sea, guarantees strong seasonal demand and high occupancy rates. The apartments are currently in operation, allowing the new owner to benefit from stable rental income from day one. Furthermore, the remaining plot offers significant building potential, with the possibility to construct additional apartments or even add a second floor with unobstructed sea views, substantially enhancing the overall investment value. This is a complete and income-producing property in one of the most authentic and emerging destinations of the Dodecanese.