Unique Seafront Detached House In Rio | 156 Sq.M. + 30 Sq.M. Basement On 604 Sq.M. Of Land | €680,00

UNIQUE SEAFRONT DETACHED HOUSE – RIO-ACHAIA PATRAS

156.06 sq.m. detached house on a total land area of 604 sq.m., located in an exceptional seafront position in Rio, Patras.
A truly unique investment opportunity, situated directly on the seafront of Rio, offering panoramic and unobstructed views of the Patraikos Gulf and the Rio–Antirrio Bridge.

THE PROPERTY & THE PLOTS
The property essentially consists of two separate plots:
483 sq.m. plot, on which the existing detached house is located.
200 sq.m. front plot, situated directly in front of the residence, between the property and the sea, separated from the coastline by the coastal road.
The residence currently has access from the rear side, while there is potential to create additional access from the coastal road, offering greater functionality and flexibility.
There is remaining building capacity, while the area has a building coefficient (FAR) of 0.8, providing significant potential for development and extension.

THE RESIDENCE

The residence has a total surface area of 156.06 sq.m. of main living areas, consisting of:
Ground Floor – 88.28 sq.m. The ground floor features a large living room with floor-to-ceiling windows, a separate sitting area, a very spacious and exceptionally bright kitchen, a WC, a door providing access to the basement, and a wooden staircase leading to the upper floor. It is worth noting that all main areas of the ground floor enjoy direct sea views, creating a unique sense of openness and connection with the surrounding landscape.
First Floor – 67.78 sq.m. The first floor comprises a hallway, two spacious bedrooms with built-in wardrobes, windows and balconies overlooking the sea, as well as a large bathroom.
Additional Basement – 30 sq.m. The property also benefits from an additional 70 sq.m. basement, which is not included in the 156.06 sq.m. of the main living areas.
The property requires renovation but offers excellent potential for redevelopment and modernization. It is a particularly bright residence, featuring: Large windows providing abundant natural light.
High-quality materials. Marble and wooden elements. Bedrooms with balconies offering sea views. Large outdoor areas suitable for a garden, parking and additional outdoor structures.

DEVELOPMENT POTENTIAL
The property offers multiple possibilities, depending on the buyer’s requirements and investment plans.
The existing residence could:
Be fully renovated and transformed into a modern luxury seaside home.
Be extended, taking advantage of the remaining building capacity.
Be redeveloped to create two new maisonettes with sea views.
Be combined with a large landscaped garden, parking spaces and additional outdoor amenities.
The front 200 sq.m. plot is subject to a planned expropriation of approximately 120 sq.m. for public use, as part of the designated coastal zone. Compensation will be paid in the event that and when the expropriation takes place.

According to the available information, the expropriation does not affect the property’s overall building potential or restrict access from the coastal road.
EXCEPTIONAL LOCATION
The property is located directly on the seafront of Rio, in a highly privileged location combining the sea and the mountains, while offering easy access to Patras and the surrounding areas.
It is: Very close to restaurants, cafés and shops. Close to the village centre and all essential amenities. Approximately 5 minutes from Patras General Hospital. Only 10 minutes from Patras city centre.
Approximately 1 hour from Kalavryta, making the location ideal for enjoying both the sea and mountain destinations during the winter months. In close proximity to the Ionian Islands.
The property also benefits from excellent road connections to Athens and Athens International Airport “Eleftherios Venizelos” via the National Road, as well as convenient access to the rest of the Peloponnese and mainland Greece.

A RARE INVESTMENT OPPORTUNITY
This is a rare seafront property offering significant development potential, exceptional views and a prime location.
The combination of: Seafront location • Panoramic views • Large total land area • Remaining building capacity • Potential for extension or redevelopment makes this property ideal both for private use and investment purposes.
The Electronic Building Identity is almost complete, and topographical plans and floor plans are available.
The property may potentially qualify for the Greek Golden Visa programme, subject to confirmation that the property and transaction meet the applicable legal and investment requirements at the time of purchase.

Price: €680.000. VIA ATHENS REAL ESTATE, contact phone: [hidden information], email: [hidden information], website: