Shop - Commercial property for Sale

If you are looking for a character-filled investment property in a thriving tourist location, this rare opportunity in the heart of Katakolo village offers immense potential for commercial and hospitality use. Located just 100 meters from the sea and the port, next to the charming local church and on a main commercial street, this standalone stone building combines traditional architecture with versatile development possibilities. ️ Property Composition: • Ground Floor Commercial Unit: 90 sq.m. with 12-meter frontage on a high-traffic street • First Floor Residence: 90 sq.m., with independent access • Private Courtyard: 38 sq.m., ideal for outdoor seating or guest area Originally built in 1950 with solid stonework, featuring wooden window frames and traditional design elements, the property requires complete renovation, offering a blank canvas for your vision. Investment & Redevelopment Potential: • Conversion to Boutique Loft Apartments: Create 4 self-contained loft studios for Airbnb or short-term rental to cruise tourists and visitors • Bar/Restaurant with Outdoor Courtyard: Ideal for café, bistro, wine bar or themed hospitality space • Mixed-use Retail & Residence: Store at ground level and private home or office above • Cultural or Art Venue: Transform into a local craft showroom, exhibition gallery, or multi-functional event space Katakolo is experiencing exponential tourism growth, with continuous cruise ship arrivals, urban renewal, and rising demand for authentic, high-quality hospitality venues in walking distance from the sea. Moreover, in the coming months, the Katakolo port is expected to be officially granted to a strategic investor, a development that will reshape the area into a modern hub for tourism and commerce. The managing company is expected to lease renovated apartments for its personnel and executive staff, generating stable and immediate demand for high-quality rentals. This property is therefore perfectly positioned as an investment, combining short-term rental income with long-term corporate leasing potential in direct connection with the port’s redevelopment. Location: Central Katakolo village, just 100m from the beach, close to the port, restaurants, retail stores, schools, and cultural landmarks. Asking Price: €175,000 Contact: MIR PROPERTIES PYRGOS ☎️ +30 26210 25400 | ✉️ info@mirproperties.gr