Change starts when you take the next step ...
Direct from the owner
Contact David Lees Tel: (0044) 247 646 0446, Mob: (0044) 7748745810 or click to Email
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€375,000
All fixtures, fittings & furnishings are included in the sale. Everything necessary to start trading immediately.
DEVELOPMENT POTENTIAL
Looking to move abroad to an idyllic island, then here is a property with enormous possibilities? Perfectly located at the edge of Roda village, the main building was originally designed as ten two-bed studios on two levels, three of which have since been skilfully converted into a luxury apartment for the current owners. The whole of the property & grounds are maintained to a very high standard and there are three main opportunities for an enterprising investor.
The options are:
Looking to move abroad to an idyllic island, then here is a property with enormous possibilities? Perfectly located at the edge of Roda village, the main building was originally designed as ten two-bed studios on two levels, three of which have since been skilfully converted into a luxury apartment for the current owners. The whole of the property & grounds are maintained to a very high standard and there are three main opportunities for an enterprising investor.
The options are:
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to continue to run ‘Kibotos’ as a seven studio summer holiday complex
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to convert a further four studios into two large apartments & retain three studios
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to convert the whole building into two luxury villas
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Each of the options has a high degree of flexibility and would generate an attractive return on capital for the purchaser together with providing luxury accommodation on the beautiful island of Corfu.
LOCATION
Corfu is a stunningly beautiful, Mediterranean island in the Ionian Sea, just a few kilometres off the Greek mainland which has been popular with the rich & famous for centuries. These days, it is one of Europe’s favourite holiday destinations and enjoys long, hot summers with clear skies & warm seas. The village of Roda was very much at the forefront of the new tourism wave in the 1960's, but has managed to retain its village feel without over-development. It is popular with families and it has a reputation for warmth & friendliness that is unrivalled and many visitors have been coming back for thirty years.
Kibotos Studios are just a 45 minute taxi ride from the island’s airport and the amazing Corfu Town. Roda’s beach & village centre is a few minutes walk away and the larger village of Acharavi, with its selection of shops & supermarkets, is just a five minute drive along the main north coast road which passes the front of the property. Kibotos is surrounded by rural tranquillity, with fields and gardens all around and wonderful views of the olive-clad mountains that form a backdrop to the village.
Corfu is a stunningly beautiful, Mediterranean island in the Ionian Sea, just a few kilometres off the Greek mainland which has been popular with the rich & famous for centuries. These days, it is one of Europe’s favourite holiday destinations and enjoys long, hot summers with clear skies & warm seas. The village of Roda was very much at the forefront of the new tourism wave in the 1960's, but has managed to retain its village feel without over-development. It is popular with families and it has a reputation for warmth & friendliness that is unrivalled and many visitors have been coming back for thirty years.
Kibotos Studios are just a 45 minute taxi ride from the island’s airport and the amazing Corfu Town. Roda’s beach & village centre is a few minutes walk away and the larger village of Acharavi, with its selection of shops & supermarkets, is just a five minute drive along the main north coast road which passes the front of the property. Kibotos is surrounded by rural tranquillity, with fields and gardens all around and wonderful views of the olive-clad mountains that form a backdrop to the village.
ACCOMMODATION
Over the last six years, the current owners have worked steadily to bring Kibotos up to the high standard that it is today. Three of the original ten studios have been converted into a stylish, airy and comfortable first floor apartment from which to manage the business. The fully-furnished apartment comprises a double bedroom, two modern bathrooms, a kitchen/dining area and a comfortable lounge with a new wood-burning stove. Outside there is a generous private balcony and a ‘Sky’ TV system is included in the sale.
The two-bed self-contained studios each have their own kitchenettes, bathrooms and balconies, all overlooking the wonderfully well-kept gardens. All studio furnishings are included in the sale enabling a prospective buyer to start trading immediately.
With a minimum of work, four of the studios could be given adjoining doors to convert into two spacious apartments with considerable long-term rental potential, the demand for which in Roda is quite buoyant. This would leave the owners’ apartment and three further studios suitable for summer holiday letting. With a little imagination, the whole of the building could be converted into two luxury villas for permanent residence.
Over the last six years, the current owners have worked steadily to bring Kibotos up to the high standard that it is today. Three of the original ten studios have been converted into a stylish, airy and comfortable first floor apartment from which to manage the business. The fully-furnished apartment comprises a double bedroom, two modern bathrooms, a kitchen/dining area and a comfortable lounge with a new wood-burning stove. Outside there is a generous private balcony and a ‘Sky’ TV system is included in the sale.
The two-bed self-contained studios each have their own kitchenettes, bathrooms and balconies, all overlooking the wonderfully well-kept gardens. All studio furnishings are included in the sale enabling a prospective buyer to start trading immediately.
With a minimum of work, four of the studios could be given adjoining doors to convert into two spacious apartments with considerable long-term rental potential, the demand for which in Roda is quite buoyant. This would leave the owners’ apartment and three further studios suitable for summer holiday letting. With a little imagination, the whole of the building could be converted into two luxury villas for permanent residence.
EXTERNAL
Positioned towards the centre of the palatial 1.42 acre (0.58 hectares) plot, the apartment block is perfectly located. The palms, yuccas, and pine trees to the front create a tropical setting that is totally relaxing and the illuminated water feature completes the scene. Palm trees line the wide concrete drives and a low-voltage lighting system perfectly compliments the atmosphere. The lawns in front of the property are watered by means of an underground sprinkler system fed by a modern pumping arrangement and utilising water from the well at the rear. Kibotos currently is totally independent where water is concerned, but mains water passes along the front of the property and connection would be a simple matter if so desired. The excellent concrete driveways extend to both sides of the building and connect to a large open area at the rear. The grounds behind the property extend by 100 metres to the fields at the rear. The development opportunities for this open ‘field’ are considerable and it would be the perfect location for extensive gardens, imaginative planting and a large swimming pool.
All the hot water for Kibotos is provided by a hybridised solar power/oil fired boiler system which automatically switches from one to the other according to demand. The oil-fired system could provide central heating to the owners’ apartment if so required.
Positioned towards the centre of the palatial 1.42 acre (0.58 hectares) plot, the apartment block is perfectly located. The palms, yuccas, and pine trees to the front create a tropical setting that is totally relaxing and the illuminated water feature completes the scene. Palm trees line the wide concrete drives and a low-voltage lighting system perfectly compliments the atmosphere. The lawns in front of the property are watered by means of an underground sprinkler system fed by a modern pumping arrangement and utilising water from the well at the rear. Kibotos currently is totally independent where water is concerned, but mains water passes along the front of the property and connection would be a simple matter if so desired. The excellent concrete driveways extend to both sides of the building and connect to a large open area at the rear. The grounds behind the property extend by 100 metres to the fields at the rear. The development opportunities for this open ‘field’ are considerable and it would be the perfect location for extensive gardens, imaginative planting and a large swimming pool.
All the hot water for Kibotos is provided by a hybridised solar power/oil fired boiler system which automatically switches from one to the other according to demand. The oil-fired system could provide central heating to the owners’ apartment if so required.
Sale Price...