Plot for sale
€1,200,000
|
€62 per sqm
sqm
19435
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Kalamata is a municipality in פלופונס and the surrounding area with an area of 442.0 sq km. Currently, most listings in the area are 120+ sqm, but there are other sizes available. Average used price per sqm is about €2,358 with a gross yield of 5% On GREI there are 22 properties for sale in Kalamata from a wide range of local agencies. Learn more about the neighborhood
Property description
High-investment-value land offered for sale, located within the approved General Urban Plan of Kalamata, in a privileged location 3 km from the city’s Historic Center and close to the sea. The property is fully buildable, meets all plot eligibility requirements, and allows subdivision. The location offers panoramic, unobstructed views of the entire Messinian Gulf as well as the mountainous landscape of Mount Taygetos. This natural advantage makes the property ideal for the development of luxury residences or high-end tourist accommodations. Access is direct, with a 25-meter frontage on a public road, while the new ring road is only 2 km away. Permitted Uses: Residential development up to 200 sq.m. Hotels / tourist accommodations up to 50 beds Plot Eligibility & Subdivision Limits: Minimum plot size for eligibility: 4,000 sq.m. Minimum plot size for subdivision: 6,000 sq.m. Possibility to create 2–3 independent, fully functional plots with autonomous development potential. The property is not subject to the provisions of Law 1337/83 regarding land and monetary contributions. Maximum Permitted Development: Residential use (10% coverage): Up to 200 sq.m. (maximum of 2 floors, maximum height 7.50 m + 1.20 m roof, side setbacks of 15 m). Hotel / tourist accommodation up to 50 beds: Permitted building coefficient of 0.18 on the total land area → up to approximately 3,600 sq.m. of building facilities (subject to compliance with tourism legislation). Offered at €61.7 per sq.m., a price below current market values in the wider area, significantly enhancing the investment upside and future development yield. Key Investment Advantages: Rare dual view of sea and mountain landscape Immediate access to major road networks Located within an approved General Urban Plan Favorable land development indices Ideal for luxury residences or high-aesthetic tourist development Secure and clear urban planning framework This property represents one of the very few available locations in Messinia capable of supporting truly high-quality development, offering an exceptional land investment opportunity with planning security and strong capital appreciation potential.
Property details
sqm
19435
Price per sqm
€62
Property code
1976647
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Key metrics
New price per sqm
-
Used price per sqm
€2,358
Monthly rent
€598
Gross yield
4.54%
Price list for municipality Kalamata
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
€2,637
€12
40-64
€2,574
€9
65-89
€2,425
€8
90-119
€2,085
€7
120+
€1,949
€6
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.
View how available listings are distributed across different categories
Property distribution
Apartment size distribution (sqm)
Distribution by floor
Distribution by construction year
Year built
Up to 1960
6%
1960-1979
16%
1980-2000
28%
2000-2019
32%
2020+
18%