The property is located in one of the most up-and-coming and "hot" areas of Greece at the moment. The proximity to Pylos, the panoramic view towards Navarino and Voidokilia, as well as the major investments in the area (Costa Navarino, new roads), place it in the premium real estate category.
1. The Strong Advantages (Value Drivers)
• The View: The "unobstructed view" to Voidokilia is the number one feature sought by foreign investors. This adds a 20-30% premium to the value compared to neighboring plots without a view.
• Infrastructure: The stone fence around 4 acres is a huge cost (can cost up to €100,000 depending on the height and quality).
• Road Axis: The completion of the Pylos-Methoni road improves accessibility, which traditionally increases property values ​​by 15-20% before the project is even completed.
2. Surface Analysis
There is a significant difference between the existing residence and the total construction:
• Newly Built House 110 sq m: Ready to use or rent (Airbnb).
• Remaining Building / Skeleton: there are 700 sq.m. With total legal building this is "gold" for tourist development (e.g. 5-6 villas).
3. Price Estimate (Market Range)
Based on current prices in the Pylia area for properties with these characteristics:
The price is 570,000€