Type: Corfu real estate
Asking Price: Euro € 85.000

4.5 stremmata (4,500 sqm) of land for sale only 10 minutes walk from Arillas beach (400 m).Quiet location with good road access. Gently sloping land with sea vews. With planning permission for 3 houses, with garages.

It can be devided to 3 smaller plots.

Also there is another piece of land for sale next to this, the same size, with price of 63,000 Euros.

Fencing surround: Optional
Building permission: up to71 & basementSquare Meters
Building permission included in the price: Yes
Vew:

• Sea vew
• Coundry vew

Distance from Corfu town: 37km
Nearest beaches: Arillas, Sidari, San Stefano, San Georgio
Agent Comments: Land increases in value in two ways. # By increasing property values (due to demand outstripping supply). # By land gaining permission to have houses built on it. Land increased his value by 300% in 10 years!!! Land is increasing in value quicker than housing!!! Proof of this is that the old rule of thumb that "Land accounts for a third of the price of a new home" is now no longer true. We now have to assume that the land will make up at least a half of the value of the new home!