Building for Sale

€ 500,000
5
250 m²
2

Note

Listing updated on 11/28/2025
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: EK-9925181

For Sale – Investment Property in Plakes, Milos In the traditional settlement of Plakes (Milos), a stone-built property consisting of two independent residences with a garden is available for immediate transfer, offering unique development potential. The building combines authentic island character with strong investment prospects, in an area of particularly high demand. One apartment is immediately habitable, while the second requires renovation. Key property features: Two independent residences totaling 152 sq.m. on a 313 sq.m. plot Additional building capacity of approx. 100 sq.m. Valid building permit for: renovation of the existing residences (152 sq.m.) and addition of an upper floor (approx100 sq.m.), with ready architectural plans for conversion into 5 apartments and a private swimming pool Ready for immediate transfer of ownership Direct access from two central roads Location advantages: Within walking distance of Plaka, Tripiti, the Catacombs, and the Ancient Theater of Milos Easy and very close access to famous beaches such as Fyropotamos, Sarakiniko, and Plathiena Close to shops, public services, supermarkets, restaurants, and local transportation Only 2.7 km from the port of Adamas 7 km from Milos Airport Investment opportunities: Suitable for private or touristic use (boutique guesthouse, suites, or Airbnb) The valid building permit and ready architectural plans give the investor or private owner the opportunity to immediately proceed with development and a wide range of potential transformations. For further information, please contact us.
Features
Contract
Sale | Income property
Type
Building
Surface
250 m²
Rooms
5 rooms, 2 bathrooms
Building floors
1
Garage, car parking
1 in garage/box, 1 in shared parking
Availability
Available from 25/09/2025
Current building use
Residential
Other features
  • Window frames in glass / wood
  • Exposure north
Price information
Price
€ 500,000
Price per m²
2,000 €/m²
New
Energy efficiency

Energy consumption

Γ

Discover every corner of the property
+19
Additional options

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