House for Sale in Afalonas – An Ideal Investment Opportunity, € 25,000, 25 m²

House for Sale in Afalonas – An Ideal Investment Opportunity

A small, detached house is available for sale in the picturesque village of Afalonas, Lesvos, located just 6 km from the center of Mytilene. The property offers peace, traditional charm, and easy access to the city.

The home consists of two main areas: one bedroom, a kitchen, and a bathroom. It is currently under partial renovation, and once the kitchen cabinets and bathroom fixtures are installed, the property will be practically brand new. Additionally, it includes a storage area, providing extra convenience.

This is an exceptional opportunity for anyone looking to acquire a property with low renovation costs and strong potential for appreciation. The estimated return on investment is approximately 10%, and with the continuous growth of tourism on the island, this percentage could potentially more than double.

Afalonas, built on a hillside, is known for its island charm, traditional character, and breathtaking panoramic views. It is a village with authentic identity and great appeal for those seeking quality of life and promising investment prospects.

A unique opportunity to acquire a property with character, minimal completion costs, and excellent long-term potential.
  • Distance from sea (m): 1500
  • Storage space
  • Balcony
  • Corner
  • Airy
  • Size of balconies: 3 m²
  • Lot size: 40 m²
  • Internal stairs
  • View
  • Pets welcome
  • Without Monthly shared expenses
  • Frames Type: Wooden
  • Orientation: East west
  • Road type: Pedestrian
  • Facade
  • Glass Type: Single Glass
  • Floors Type: Wood and tile
  • Bright
Code 16739711

House for Sale in Afalonas – An Ideal Investment Opportunity