SGOYRELLH KATERINA-PURCHASES - SALES - RENTALS - PROPERTY VALUATIONS
Lesvos - Mitilini (Lesvos Prefecture)
SGOURELLI KATERINA
+306936995509
Mobile: +306936995508
Email: ksgourelli@gmail.com
House for Sale in Afalonas – An Ideal Investment Opportunity
€ 48,000, 55 m²
Agent code: 16739711
Property code: 16739711
Residential Detached House
Price € 48,000
Living Area in sq.m. 55 m²
Price per m² € 873
Neighborhood Afalonas (Lesvos - Mitilini)
Zone Residential zone
Rooms 2
Floor Ground floor
Construction year 1960
Renovation year 2017
Heating System None
Levels 1
Kitchens 2
Bathrooms 2
Status Renovated, Painted, Unfinished, Requires Renovation
Type Holiday home, Investment, Suitable for commercial use, Student home, Short term rental
  • Property features:
  • Distance from sea (m): 1500,
  • Storage space,
  • Balcony,
  • Corner,
  • Airy,
  • Lot size: 80 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,
Description: House for Sale in Afalonas – An Ideal Investment Opportunity

This house is located near the center of the picturesque village of Afalonas, just 6 kilometers from the center of Mytilene. The property consists of two independent studio apartments, making it an excellent investment choice.

The expected return on investment, even including the renovation costs, reaches 10%. With the growing tourism development on our island, this percentage could more than double.

Each studio apartment is a two-room unit and...