Sale detached house Valyra Messinia #2426

Sale Detached House
Area Valyra Ithomi area of Messini

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€ 36.000,00
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Description of property

Detached house of 67 m² on a plot of 261 m² in Valyra Messinia

Just a few meters from the central square in Valyra, in the Municipality of Messini, a detached house of total surface of about 67 sq.m., on a plot of 261 sq.m. The exact square footage will be completed with the settlement in progress by the engineer.

The property consists of two parts:

  • The first house, approximately 30 m², has been partially renovated, has an independent entrance from the street and can be inhabited immediately.
  • The second part, about 37 sq.m., has access through the plot and needs complete renovation. After completion of the works it will include a bedroom, living room with kitchen and bathroom.

At the back of the plot there are shelters and a warehouse, which are also to be legalized.

The property is an interesting choice for both permanent residence and for holiday use, in a quiet town with easy access to Messini and Kalamata.

Interior characteristics

The house in Valyra consists of two apartments of total surface of approximately 67 sq.m., with wooden and iron windows. There is a possibility to operate as two independent residences or to be consolidated into a larger house, as there is an internal door that connects them.

First apartment (~30 sq.m.)
It consists of:

  • Single living room-kitchen with two windows and the main entrance door (kitchen 16 sq.m., living room 7 sq.m.).
  • Bedroom, which has been configured with a staircase to accommodate an extra bed or to be used as a storage room.
  • Bathroom 5 sq.m. with basic equipment.

The space is partially renovated and can be inhabited immediately.

Second apartment (~37 sq.m.)
It requires complete renovation and can function either as a continuation of the first apartment or as an independent residence with a separate entrance from the left side of the plot. Includes:

  • Bedroom 13 sq.m.
  • Living room-kitchen with fireplace 15 sq.m.
  • Bathroom 5 sq.m.

Additional spaces
At the back of the plot there are shelters and a storage room.

Characteristics of Property

📈 Estimation of Return on Investment (ROI)

✨ The property can generate a gross income of up to ~4.800 €/year, with a gross yield of approximately 6,3% per year, through the permanent rental of two apartments (200 €/month each).
The calculation has been made taking into account the total cost of the purchase and the complete renovation of both apartments (36.000 € + 40.000 €).
(The return is calculated before tax and any administration costs.)

Location - distances:

The distance from the center of Valyra is 150 meters and from the center of Messina 2 minutes' drive.

Short Url for this page
https://greek.is/2426

Location on the map

The location on the map is indicative 

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