This grand 462 sqm Townhouse in Pythagorion offers breathtaking views of the birthplace of mathematician Pythagoras and the Aegean Sea

Pythagorio, Aegean Islands, Greece

For Sale

€750,000

REF: 706107 €750,000


14

12

200 m2

Description

This grand 462 sqm Townhouse in Pythagorion offers breathtaking views of the birthplace of mathematician Pythagoras and the Aegean Sea. A unique investment opportunity in the most popular village of Samos, ideal for those seeking a serene personal retreat, a profitable hospitality business, or combining both.

Meticulously preserved and developed on a 199.5 sqm plot, the townhouse spans four floors: Ground floor: 119 sqm First floor: 119 sqm Second floor: 119 sqm Penthouse: 105 sqm with a 15 sqm veranda Front courtyard: 25 sqm Rear courtyard: 45 sqm The ground, first, and second floors of the Townhouse have been converted into a charming B&B unit, while the penthouse serves as an apartment.

The B&B unit features 11 rooms with A/C units, en-suite bathrooms, a safe & refrigerator, and an individual balcony for each room. The reception area is on the first floor, while the kitchen, dining, and common areas are on the ground floor, close to the laundry room, WC and storage facility. The penthouse serves as a private apartment and comprises a living room and kitchen, three bedrooms, a bathroom, and a spacious terrace with panoramic views.

Originally built in 1991, the Townhouse was renovated in 2022, when extensive works were carried out on its facade, while the courtyards were landscaped and custom-designed fixtures & interior lighting were installed. The materials used for the renovation were of the highest quality. This property offers a unique advantage: the penthouse can be used for personal use, while the B&B unit provides an optimal opportunity for rental income.

With numerous possibilities at your fingertips, this property presents a range of practical applications to maximize its potential. It presents a unique investment opportunity in the most popular village of Samos Island. The property combines comfortable living with the potential for substantial rental income.

Whether you seek a serene personal retreat, a profitable hospitality business, or combining both, this Pythagorion townhouse is an exceptional choice. Key Features Recent Renovation: Completed in 2022 with high-quality building and finish materials, including complete facade restoration, landscaped courtyards, and custom-designed furniture, fixtures and lighting.

Fully Equipped B&B: Reception on the first floor, common kitchen dining & living areas on the ground floor, and laundry facilities. Front & rear landscaped yards planted with local trees, flowers and herbs. Penthouse Apartment: Ideal for personal use or rental, with panoramic views from the living spaces and outdoor terrace.

Revenue Potential: The B&B unit offers significant rental income opportunities throughout the year. Prime Location: Pythagorion, named after the famous mathematician Pythagoras, features the oldest man-made port in the Mediterranean and is a UNESCO World Heritage Site. Key attractions include the Tunnel of Eupalinos, the Archaeological Museum of Pythagorion, Ancient port, and the Roman Theatre ruins.

In the summer months, the port is a vibrant hub with sailing boats and superyachts, reflecting the island's sailing culture and hosting the renowned Aegean Regatta Location Pythagorion is the birthplace of Pythagoras, the first man to call himself a philosopher, who is credited with the mathematical discovery of the Pythagorean Theorem.

The port of the town is considered to be the oldest man-made port on the Mediterranean Sea, while the ancient ruins in the town, together with those in nearby Heraion, are included in UNESCO s World Heritage Sites. Noteworthy places to visit in or around Pythagorion include the Tunnel of Eupalinos, the Heraion, the Archaeological Museum of Pythagorion, the Ancient Harbour of Samos, and the renovated Roman Theatre, where cultural events and performances are being held.

Panagia Spiliani Monastery and the Tower of Lykourgos Logothetis are also worth your time and effort. During the summer months superyachts & sailing boats docked at the port are a testament to the sailing culture of the island which also hosts the famous Aegean Regatta. Restaurants, bars & cafes are found all along Pythagorion port offering local specialties as well as cuisine from around the world.

Wine culture goes back centuries in Samos and a large number of vineyards are open for the public to experience. Cultural events are on the rise in Samos through a series of private initiatives in tow. The Art Space Pythagorion is a new modern art museum housed in a converted hotel building on the port.

Vibrant exhibitions, immersive workshops, and engaging community events, as well as the Samos Young Artists Festival have invigorated the town with a dynamic energy, attracting artists, art enthusiasts, and curious visitors alike. Distances Remataki Beach: 250 m Pythagorion Beach: 950 m Pythagorion Port: 200 m Pythagorion Marina: 1.5 km Samos Airport: 3.5 km Samos town: 13.5 km Kokkari: 20 km Karlovasi: 40 km
This grand 462 sqm Townhouse in Pythagorion offers breathtaking views of the birthplace of mathematician Pythagoras and the Aegean Sea. A unique investment opportunity in the most popular village of Samos, ideal for those seeking a serene personal retreat, a profitable hospitality business, or combining both.

Meticulously preserved and developed on a 199.5 sqm plot, the townhouse spans four floors: Ground floor: 119 sqm First floor: 119 sqm Second floor: 119 sqm Penthouse: 105 sqm with a 15 sqm veranda Front courtyard: 25 sqm Rear courtyard: 45 sqm The ground, first, and second floors of the Townhouse have been converted into a charming B&B unit, while the penthouse serves as an apartment.

The B&B unit features 11 rooms with A/C units, en-suite bathrooms, a safe & refrigerator, and an individual balcony for each room. The reception area is on the first floor, while the kitchen, dining, and common areas are on the ground floor, close to the laundry room, WC and storage facility. The penthouse serves as a private apartment and comprises a living room and kitchen, three bedrooms, a bathroom, and a spacious terrace with panoramic views.

Originally built in 1991, the Townhouse was renovated in 2022, when extensive works were carried out on its facade, while the courtyards were landscaped and custom-designed fixtures & interior lighting were installed. The materials used for the renovation were of the highest quality. This property offers a unique advantage: the penthouse can be used for personal use, while the B&B unit provides an optimal opportunity for rental income.

With numerous possibilities at your fingertips, this property presents a range of practical applications to maximize its potential. It presents a unique investment opportunity in the most popular village of Samos Island. The property combines comfortable living with the potential for substantial rental income.

Whether you seek a serene personal retreat, a profitable hospitality business, or combining both, this Pythagorion townhouse is an exceptional choice. Key Features Recent Renovation: Completed in 2022 with high-quality building and finish materials, including complete facade restoration, landscaped courtyards, and custom-designed furniture, fixtures and lighting.

Fully Equipped B&B: Reception on the first floor, common kitchen dining & living areas on the ground floor, and laundry facilities. Front & rear landscaped yards planted with local trees, flowers and herbs. Penthouse Apartment: Ideal for personal use or rental, with panoramic views from the living spaces and outdoor terrace.

Revenue Potential: The B&B unit offers significant rental income opportunities throughout the year. Prime Location: Pythagorion, named after the famous mathematician Pythagoras, features the oldest man-made port in the Mediterranean and is a UNESCO World Heritage Site. Key attractions include the Tunnel of Eupalinos, the Archaeological Museum of Pythagorion, Ancient port, and the Roman Theatre ruins.

In the summer months, the port is a vibrant hub with sailing boats and superyachts, reflecting the island's sailing culture and hosting the renowned Aegean Regatta Location Pythagorion is the birthplace of Pythagoras, the first man to call himself a philosopher, who is credited with the mathematical discovery of the Pythagorean Theorem.

The port of the town is considered to be the oldest man-made port on the Mediterranean Sea, while the ancient ruins in the town, together with those in nearby Heraion, are included in UNESCO s World Heritage Sites. Noteworthy places to visit in or around Pythagorion include the Tunnel of Eupalinos, the Heraion, the Archaeological Museum of Pythagorion, the Ancient Harbour of Samos, and the renovated Roman Theatre, where cultural events and performances are being held.

Panagia Spiliani Monastery and the Tower of Lykourgos Logothetis are also worth your time and effort. During the summer months superyachts & sailing boats docked at the port are a testament to the sailing culture of the island which also hosts the famous Aegean Regatta. Restaurants, bars & cafes are found all along Pythagorion port offering local specialties as well as cuisine from around the world.

Wine culture goes back centuries in Samos and a large number of vineyards are open for the public to experience. Cultural events are on the rise in Samos through a series of private initiatives in tow. The Art Space Pythagorion is a new modern art museum housed in a converted hotel building on the port.

Vibrant exhibitions, immersive workshops, and engaging community events, as well as the Samos Young Artists Festival have invigorated the town with a dynamic energy, attracting artists, art enthusiasts, and curious visitors alike. Distances Remataki Beach: 250 m Pythagorion Beach: 950 m Pythagorion Port: 200 m Pythagorion Marina: 1.5 km Samos Airport: 3.5 km Samos town: 13.5 km Kokkari: 20 km Karlovasi: 40 km
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#212224

Currency Exchange

Pythagorio, Aegean Islands, Greece

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €750,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€750,000 £623,910 £645,465 £21,555
Property Price € €750,000
Minimum cost in the last six months £623,910
Maximum cost in the last six months £645,465
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,555

Pythagorio, Aegean Islands, Greece

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Greece do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Greece takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €750,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€750,000 £623,910 £645,465 £21,555
Property Price € €750,000
Minimum cost in the last six months £623,910
Maximum cost in the last six months £645,465
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,555

The exchange rate on the day you make an offer on your property in Greece will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £21,555 more.

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