Note: we have two additional building plots in
the same area of Rhodes. Click on the links below
if you would like to have a look.

L16

L17

Description:

A plot of land, in a prime location, on the south-east of Rhodes island, just 20 metres from an unspoilt and clean beach and next to shops, tavernas, etc. It enjoys lovely views of the sea and the surrounding countryside.

The plot is 800 sqm and has had planning permission to build 2 shops - 160 sqm each plus 80 sqm basement. The permit expited in Feb.'07 but it is possible to re-apply. It is also possible to build 8 studio apartments instead of the shops.

Water and electricity are available for connection.

The property is reached via an asphalted road. All everyday amenities are nearby and there are regular buses to town.

Price:
250,000 euro (approx. £170,000)

Click here for EURO CONVERTER
and up to date exchange rates

Location:
70 km from Rhodes town
65 km from Rhodes airport
20 metres from sea

Editor's comment

An excellent investment opporunity as the shops can provide a steady rental income. Each shop can fetch 500-600 euro per month.

If you wish, we can bring you in touch with local architect and provide you with a project cost estimate.

Once the land is bought, finance can be arranged for the building, from local banks.