Kythera Properties

93P – Large buildingplot – Agia Pelagia (Pagouroti) | € 170.000

A great opportunity to own this, extensive 15 000m2 plot and olive orchard situated on the hills above Agia Pelagia.

Plots of this size with spectacular views towards the Peloponnese and within such close proximity to the hustle and bustle of the busy sea-side village of Ag Pelagia are exceptionally rare to find.

There are currently three small cottages on the property which need some works done to them to bring them up to a reasonable living standard. There is of course ample scope to build new accommodation as well:

Cottage (1) located on the highest ground and with the wide sea views, is a traditionally stone built structure with ceramic tiled roof that measures 27m2.
Cottage (2) located lower down on the estate, also offering sea views. This structure also stone built with ceramic tiled roof measures 18.5m2.
Cottage (3) located close to cottage (2) with a flat roof measures 13.5 m2

The estate has about 150 producing olive tree’s which, on a good year can yield up to 800 litres of cold pressed virgin olive oil. Should the rigours of running your own olive orchard be too much for your tastes, there is a set formula on the island, whereby one hands over the running of the orchard to someone locally who takes care of the harvesting and production of olive oil, giving the owner 1/3 of the harvest or the opportunity of selling all or part of your quota back to the oil factory valuation of which is set annually.

Utilities, water and electricity is easily accessible.

Price: € 170.000

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