Description
An exceptional opportunity to acquire an old village property, which sits in an elevated position within the highly desirable village of Lakka in Paxos.
Perfectly positioned just a short walk from Lakka village and its harbour front, this property has massive potential and the ability to build more.
An old property, with several outbuildings, all of which requires renovation. The buildings are set in 1,850 sqm of land in the heart of Lakka, so a very large plot, given its location within the village.
There is a charm to the existing buildings, terraces and gardens and a nice old boundary wall and gateway surrounds much of the property.
With clever design and enhancement, one could create a truly wonderful village house, with guest studio and with a swimming pool and a large pool terrace with shaded verandas situated on the upper terrace above the property, to generate good views over Lakka harbour.
When finished such a property would command excellent rental income.
The existing buildings total 134.65 sqm.
Due to the property being within the village of Lakka, the site is permitted a total buildable area of 400 sqm. Which leaves a remaining building capacity of 265.35 sqm.