Investment Opportunity: Beachfront Plot 4,254 sq.m. – Vrachneika (Kaminia) . A prime beachfront property is available for sale in a strategic location at Kaminia, Achaia. This is a rare opportunity for investors seeking a combination of immediate yield and substantial development potential. Property Specifications • Surface Area: 4,254 sq.m. • Frontage: 80 m (Depth: 125 m). • Status: Build-ready (Permit-ready), level, dual frontage, and fully fenced. • Infrastructure: Fully equipped with electricity and water utilities.
️ Development & Exploitation Potential The property offers immense flexibility for tourist or commercial use: • Total Building Capacity: Up to 1,200 sq.m. • Existing Structure: Includes a 140 sq.m. building currently operating as a restaurant (immediate exploitation). It features a gas tank installation, 4 WCs, aluminum frames with double glazing, and dedicated parking right by the shore. • Ideal for: Boutique Hotel, luxury rental apartments, tourism enterprises, or commercial use. • Land Use: Residential, Tourist Accommodation, Food & Beverage (F&B).
Location & Key Advantages • First Line: Directly on the sea with immediate beach access. • Connectivity: Proximity to public transport, located within a residential zone while maintaining the tranquility of a waterfront setting. • Outlook: The Vrachneika - Kaminia area is a well-established hub for tourism and dining in the Achaia region.
Economic & Strategic Benefits 1. Immediate Cash Flow The property is an active business, not just land for future use. • Ready-to-run: The existing 140 sq.m. restaurant allows for revenue generation from Day 1, covering financing or maintenance costs while future development is being planned. • Established Infrastructure: The presence of a gas installation, parking, and organized facilities significantly reduces the initial CAPEX for any F&B activity. 2. High Development Upside The true value lies in the remaining building coefficient. • Expansion Potential: With the ability to build up to 1,200 sq.m., the property can be radically upgraded from a single restaurant to a Boutique Hotel or a luxury beachfront residential complex. • Economies of Scale: The level terrain and existing utility connections minimize site preparation and construction costs. 3. Scarcity & Strategic Location (The "First Line" Premium) In real estate, location is permanent, and "first-line" plots are in extremely short supply. • Beachfront Value: Direct contact with the beach ensures timeless investment value and a high exit value for every square meter built. • Urban Proximity: Located near the city of Patras, it perfectly balances a holiday atmosphere with quick access to the port, hospitals, and the central market. 4. Diversification of Use The property does not limit the investor to a single business model: • Mixed-use Development: Potential to combine tourist accommodation on upper floors with F&B or retail on the ground floor. • Residential Opportunity: Due to its residential zoning, it is ideal for developing high-end beachfront Villas, which are in high demand from international buyers. 5. Asset Protection • Hard Asset: Large beachfront plots with high building capacity in Achaia act as a "hard currency." Even in volatile economic periods, "first-line" land retains and appreciates in value due to finite supply.
Asking Price: €850,000 . Contact Information: KW West Phone: +30 2610 222333 Email: kwwest@kwgreece.gr