Contact: Neil Bingham | +30 694 699 2980 | neil@mrsail.com
This is a south facing hillside plot about 10 minutes walk from Fterno village. The plot is gently sloping & provides fantastic 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, soon there will be a small community. The adjacent lands will not interfere with the privacy or views of this plot. The allowable building area is approximately 190 sqm plus basement, sensibly a property of up to 250 sqm could be built, providing up to 4 bedrooms. The plot is ideal for either a single or two story building with plenty of room for pool and parking, there are a few olive trees on the land which add to the character and will provide some pleasant shade in the summer. The altitude is around 300m above sea level. Electricity and water services are close by.
The land is ideal for holiday homes or for permanent all year living, it is an up and coming area and becoming more popular. 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 as the area develops.
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 190 sqm house with 30 sqm pool is 12 months. Costs are changing daily a current budget (March 23) for 190 sqm house on this land would be € 22,000 planning, € 350,000 house including kitchen, bathrooms, air conditioning, underfloor heating, internal décor and finishing ready to move in, excluding furniture. Stone construction would add around € 15,000. An allowance of € 45,000 for landscaping should also be made.
The land is located approximately 500m 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.
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
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