Single-family detached house Kavvadades, 490 81 Agios Georgios, Agios Georgios, Corfu

The property is an old traditional two-story house with sturdy stone walls, situated in the picturesque village of Kavadades on Corfu Island, Greece. The house boasts a generous total area of 115 square meters and is nestled on a spacious plot of land measuring 878 square meters. Furthermore, there is a separate building on the premises that previously served as an outdoor kitchen, offering an additional 29 square meters of space.The Value The property holds significant value due to its building license. Situated in a charming traditional village in Corfu, this house benefits from a unique advantage - under a new law, no additional building licenses are being granted in the area. This ensures the preservation of the village's beauty and guarantees that no new constructions will obstruct the views of the house. Rest assured, the area will never be overbuilt, allowing you to enjoy the serene surroundings for years to come Ideal Location The property is conveniently located near local amenities and is within close proximity to three beautiful beaches. Arillas sandy beach is just 3 km away, Agios Georgios Blue Flag beach is only 3.5 km away, and the famous Sidari beach, home to the popular Canal d'Amour, is a mere 6.5 km or a quick 10-minute drive. The house boasts a spacious garden area that is ideal for a potential swimming pool. Situated behind the house, the garden offers a distant yet stunning sea view, especially during sunset. You have the opportunity to undertake a house renovation project by purchasing the entire property for just €190,000. With an additional investment of approximately €100,000, the value of the property is projected to increase to over €450,000. This presents a lucrative investment opportunity with the potential for significant returns.