Fterno 9000

Contact: Neil Bingham | +30 694 699 2980 | neil@mrsail.com

This is an attractive piece of land totalling 9,075 sqm providing a superb setting for a holiday villa or year long home. It is south facing an easy walk or bike ride from Fterno village. Build your dream home in the trees with great views of the Ionian sea looking out to Ithaca and Kefalonia in the background. The plot is not overlooked it is in a beautiful countryside location, there are some adjacent lands which are also available for building, the area is just starting to be developed with prices already on an upward trend. The adjacent lands will not interfere with the privacy or views of this plot. The allowable building area is approximately 230 sqm plus basement. For those with an eye to the future if the access road becomes adopted by the community it should be possible to split the plot allowing a second 186 sqm property (We must stress at this stage there is no certainty it will happen but with the number of new properties being built locally there is a reasonable possibility). The altitude is around 260m above sea level. Electricity and water services are close by.

The access road starts in Fterno village and ends on the road to Sivros giving easy access to both villages, it is expected this road will be further improved in the near future to cater for the new developments.

Building service

If you are looking for a completed property without the stress of building, we offer a service via our local contractor to build your dream home. The service covers everything from planning to final approvals, with work being carried out to a high standard. Licenses can be obtained for rental if required alongside full service and maintenance packages.

Typical build time on a 230 sqm house with 40 sqm pool is 12 months. Costs are changing daily a current budget (March 23) for 230 sqm house on this land would be € 20,000 planning, € 400,000 house including kitchen, bathrooms, air conditioning, underfloor heating, internal décor and finishing ready to move in, excluding furniture. Pool cost around €35,000. Stone construction would add around € 18,000. An allowance of € 50,000 for landscaping should also be made.

Location

The land is located approximately 850m from the centre of Fterno village which has two Tavernas one of which is open all year and also provides entertainment many evenings in the summer. It is close to many popular spots, Sivota (10min), Sivros (10min), Nydri (15min), Mikros Gialos (15 min), Vassiliki (15min), Lefkas town (30min). It is an ideal spot for those holidaying in the area, it is also a good spot for if you want to explore by bike or on foot.   

Golden Visa residency opportunity

Investment in construction along with land with a minimum value of €250,000 would entitle the buyer to Golden Visa status, giving visa-free travel access within the Schengen Zone. The process is relatively straightforward and can be obtained in around 60 days.

Contact: Neil Bingham | +30 694 699 2980 | neil@mrsail.com