Seafront Building Of Six Luxury Apartments In Vrachati, Corinthia X3 Golden Visa
10 Beds
6 Baths
8,127 Sqft
11,399 Sqft lot
Updated: June 29
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About the Property
A unique seafront investment opportunity just one hour from Athens.
On the beachfront of VRACHATI, CORINTHIA, a fully furnished and equipped property of 755 sq.m. is offered for sale, set on a 1,059 sq.m. plot with 20 meters frontage on the coastal road and unobstructed sea views.
The property consists of four levels and comprises: 402 sq.m. of living areas,
A unique seafront investment opportunity just one hour from Athens.
On the beachfront of VRACHATI, CORINTHIA, a fully furnished and equipped property of 755 sq.m. is offered for sale, set on a 1,059 sq.m. plot with 20 meters frontage on the coastal road and unobstructed sea views.
The property consists of four levels and comprises: 402 sq.m. of living areas, 353 sq.m. of auxiliary spaces (basement and attic), 6 fully equipped apartments, capacity to accommodate up to 30 guests, 10 private outdoor parking spaces.
Constructed to high standards in 2023, the property features: Air conditioning throughout, solar water heating, aluminum frames with double glazing, ceramic tile flooring, fully equipped kitchens and appliances, complete operational equipment. An additional advantage is the remaining building allowance of approximately 240 sq.m., plus the possibility of constructing additional basement and attic areas. Alternatively, the owner may choose to expand the landscaped garden and create a swimming pool.
Established Hospitality Business. The property has operated successfully as a short-term rental accommodation during the last three years, achieving a gross yield of approximately 5%, while offering substantial upside potential. Current ownership has devoted limited time to marketing and operational optimization, leaving considerable room for improvement and the possibility of safely increasing returns to the 10–15% range. [hidden information] Rating: 9.6/10
Prime Location.
Vrachati is one of the most attractive coastal destinations in the Corinthian Gulf, offering easy access to beaches, restaurants, cafés, beach bars, and nightlife. Distances: Corinth: 14 km, Athens International Airport: 124 km, Athens City Centre: approximately 1 hour by car. The property also serves as an ideal base for exploring the most important destinations of the Peloponnese, including: Ancient Corinth, Ancient Nemea, Mycenae, Epidaurus, Nafplio, Spetses, Mystras, Ancient Olympia and many others, all reachable within approximately 15 minutes to 2 hours driving time. For winter tourism, visitors can reach, among others, Trikala Korinthias (the famous winter resort of 1,100m altitude) in approximately 1 hour and Kalavryta Ski Center (1,700–2,300m altitude) in approximately 1 hour and 40 minutes.
✔ Easily accessible from Athens and the International Airport
✔ Attractive to both domestic and international visitors year-round
An exceptional hospitality investment combining immediate income, expansion potential, and a strategic location at the gateway to the Peloponnese. Alternatively, the property offers the flexibility to combine private residential or holiday-home use with income generation through either short-term or long-term leasing.
Additionally, eligible for three residence permits under the GOLDEN VISA PROGRAM.