Discover an exceptional property in the picturesque region of Sithonia, Chalkidiki, located near the popular Vourvourou beach. This 300 sq.m. detached house offers luxury living and investment potential, spread across a 3,000 sq.m. plot, with breathtaking, unobstructed views of the sea and mountains. Whether you’re looking for a high-return investment property or a large family home, this residence provides a flexible layout, stunning natural surroundings, and excellent amenities.

Key Features:

• House Size: 300 sq.m.
• Plot Size: 3,000 sq.m.
• Distance to the Sea: 160 meters
• Number of Units: 5 independent apartments, each with a private entrance
• Sea and Mountain Views: Panoramic views from the balconies
• Outdoor Amenities:
  • On-site parking area
  • Fully equipped barbecue area
  • Olive trees spread across the property
  • Designated area for a swimming pool with breathtaking sea views
• Additional Storage: 50 sq.m. basement storage room

Recently Renovated and Furnished

This property has been fully renovated with high-quality materials and is tastefully furnished, ready for immediate use. Several of the apartments feature a cozy fireplace, creating a warm and inviting atmosphere. The renovations combine modern comfort with the natural charm of Sithonia, making it an attractive property for both investors and families.

Dual Purpose – Ideal for Investors or Families

This home is currently divided into five independent apartments, each with its own entrance, making it an ideal investment for short-term rentals. The property is already being used for short-term tourist rentals on popular platforms like Booking.com and Airbnb, generating a solid income stream. With an average rental price of €250 per night, which can rise to €300 per night during the peak tourist season, this property offers excellent rental potential.

Alternatively, the house can be converted into a spacious family home featuring:

• 5 Bedrooms
• 5 Bathrooms
• Large Living Areas

The property’s flexible design allows for easy conversion to suit the owner’s needs, whether it’s for personal use or continued rental income.

Prime Location – Natural Beauty and Privacy

This stunning house is located just 160 meters from the sea, offering convenient access to Vourvourou’s crystal-clear waters and sandy beaches. The region is known for its peaceful environment, making it a sought-after destination for tourists and residents alike.

One of the property’s key advantages is its location in a parkland area, ensuring that neighboring plots cannot be developed. This guarantees long-term privacy, peace, and exclusivity for the new owners.

Private and Secure

The entire plot is fenced and features secure entry gates, providing both privacy and peace of mind. This makes it a perfect choice for families or those looking for a private retreat away from the busy tourist areas. The large garden, olive trees, and barbecue area offer a relaxing outdoor space, ideal for family gatherings or entertaining guests.

Investment Potential

This property is an excellent investment opportunity, especially for those looking to enter the tourism sector. The growing demand for short-term rentals in the region, combined with its ideal location and luxury features, allows for a projected 6-8% annual return on investment.

Whether you choose to keep the house divided into five rental units or transform it into a family home, the potential for a high return on your investment is significant.

Pricing and Value

The asking price for this exceptional property is €1,600,000, which reflects the premium location, high-quality renovation, and the potential for significant rental income. Properties in Sithonia, especially those with such close proximity to the sea and stunning views, are highly desirable and rarely available.

Conclusion – A Rare Investment Opportunity

This detached house in Sithonia, Chalkidiki offers more than just a place to live. It presents a rare opportunity to own a property with excellent investment potential and the flexibility to meet your personal or business needs. With its prime location near the beach, fully renovated interiors, and large outdoor space, this home is ideal for those looking to invest in the booming tourism market or create their dream family home by the sea.