$722,658

Traditional Stone Built Property With Four Apartments And Panoramic Views In Gytheio

  • 5 Beds
  • 5 Baths
  • 2,713 Sqft
  • 3,294 Sqft lot
  • Updated: October 23

About the Property

The property is located in the picturesque and charming town of Gytheio, in the region of Laconia, set in an elevated position on the first terrace of the “Lagkadaki” hillside, surrounded by notable traditional buildings. It offers unobstructed panoramic views over the Laconian Gulf and the historic islet of Cranae.

It features balconies facing north and west, ideal for relaxation while e
The property is located in the picturesque and charming town of Gytheio, in the region of Laconia, set in an elevated position on the first terrace of the “Lagkadaki” hillside, surrounded by notable traditional buildings. It offers unobstructed panoramic views over the Laconian Gulf and the historic islet of Cranae.

It features balconies facing north and west, ideal for relaxation while enjoying the stunning sea views. Access is provided via a municipal road, as well as through scenic steps connecting to the main road. The property is situated within the residential area, just a short distance from the central square and the port, offering tranquility away from the busy commercial center.

This is a stone-built property, fully renovated and restored during 2025–2026, in accordance with traditional architectural standards. High-quality materials have been used throughout, including a tiled roof, traditional wooden ceilings, flooring, and wooden window frames.

The property spans three levels with a total area of 252 sq.m., on a plot of 306 sq.m., and has been configured into four independent, fully furnished apartments. The design harmoniously blends stone and wood elements, featuring minimal furnishings and a dominant white aesthetic.

- The ground floor includes two independent apartments totaling 106 sq.m. (44 sq.m. and 62 sq.m.)
- The first floor comprises two apartments totaling 146 sq.m. (74 sq.m. and 72 sq.m.), one of which is a loft-style unit with an attic
This property represents an excellent investment opportunity, as it can be operated as a high-end, premium tourist accommodation.

Location: Gytheio, a historic town and port in southern Peloponnese, is situated in the western part of the Laconian Gulf. The town of Gytheio is built amphitheatrical, offering panoramic views of the sea and a unique natural landscape. It serves as the seat of the municipality of the same name, which includes 18 municipal districts, as well as the seat of the Holy Metropolis of Mani.

Unique Features: Gytheio boasts a wealth of attractions that draw visitors from around the world. Major points of interest include the islet of Kranae, the Tzannetakis Tower, the Historical and Ethnological Museum of Mani, and the beautiful beaches of the area, ideal for relaxation and water activities. Additionally, the region is renowned for its high-quality local products and rich culinary tradition, offering unique flavors for all visitors.

Accessibility: Gytheio is easily accessible, being just 270 kilometers from Athens, 45 kilometers from Sparta, and 140 kilometers from Kalamata. The area can be reached by both sea and car. Internal transportation in Gytheio and the surrounding areas is primarily by car and taxi.

Investment Potential: Gytheio is emerging as one of the most rapidly developing tourist destinations in Greece, attracting an increasing number of foreign and Greek investors. The region’s development and the steadily growing demand for real estate make Gytheio an excellent choice for investments in the real estate sector.

Built-in kitchen, Study, Fixed furniture, Furnished, Fully air-conditioned, Water view
…
  • Property type

    Other

  • Floors

    2

  • Year built

    1955

  • Price/sqft

    $266

Features

  • Water View
  • Sea View
  • Renovated
  • Investment Property
  • Panoramic / Scenic View
  • Gate
  • Office
  • Gas Stovetop
  • High Ceiling
Features

Lot

  • Panoramic / Scenic View
  • Sea View
  • Water View
  • Investment Property
  • Renovated

Indoor

  • High Ceiling
  • Office
  • Air Conditioning
  • Gas Stovetop

Outdoor

  • Balcony
  • Gate

Explore the Area

Gytheio, Peloponnese, Western Greece and the Ionian, Greece View on Google Maps
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Engel & Völkers Greece Second Home MMC
Greece
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351
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2025
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Engel & Völkers Greece - Second Home
Mesogion Avenue 2-4, 11527, Athens, Greece
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Are you dreaming of owning your own four walls and wondering about all the different things that need to be consid
Are you dreaming of owning your own four walls and wondering about all the different things that need to be considered? When is the right time to buy a property? What type of property is best suited to you? And most importantly: what are the costs involved? For most people, buying a property is a very special milestone that marks the biggest investment of their lives. That’s why it is so important to think it through carefully beforehand. 
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Last updated
October 23
First listed
October 23
Listing reference
I-048M0E-W-048M0E
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