£3,601,319
(€650/sq. ft)
€4,200,000
10 bed retail premises for saleΣτούπα, Messinia, Greece
10 beds
11 baths
6,458 sq. ft
About this property
Rare Hospitality Investment Opportunity-13000Sq m - Hotel Development Potential- Western Mani, Peloponnese -Greece.
Rare mediterranean hospitality estate & development opportunity
Western Mani | Peloponnese | Greece
Asking Price: €4,200,000
An exceptional hospitality and real-estate opportunity comprising approximately 13,000 sq m of land, three separate buildings, eight fully equipped residences, approximately 600 sq m of existing accommodation, a 60 sq m infinity swimming pool and exceptional panoramic views of the Mediterranean.
With an established hospitality history of approximately 18 years, the property combines an operating accommodation business with substantial landholding and significant potential for future repositioning and development.
Investment overview
Located in Western Mani, in the Peloponnese, this distinctive Mediterranean estate offers a rare combination of land, existing hospitality infrastructure, established operations, privacy, sea views and future development potential.
The property extends over approximately 13,000 sq m and currently comprises three separate buildings accommodating eight independent residences.
The existing accommodation has been designed around privacy and independence, with all residences benefiting from outdoor areas, generous terraces and panoramic views towards the sea.
The business has an established operating history of approximately 18 years, with an international clientele and returning guests.
Beyond the existing operation, one of the most significant aspects of the investment is the potential to reposition the property from its current residential accommodation model to hotel use.
Subject to the applicable planning framework and all required approvals, such a change of use may allow the development of approximately 1,500 sq m of additional accommodation.
This creates the possibility of transforming the existing estate into a larger-scale boutique hotel or luxury hospitality destination, while retaining the existing buildings, infrastructure, land and established operational base.
The estate
The property currently comprises approximately:
13,000 sq m of land
3 separate buildings
8 independent residences
Approximately 600 sq m of existing buildings
60 sq m infinity swimming pool
30 registered beds according to eot classification
Large private outdoor areas
Spacious terraces
Panoramic sea views
Approximately 2,500 sq m additionally pending in relation to a Forest Service matter
The additional approximately 2,500 sq m remains subject to the relevant Forest Service process and should be independently verified through the purchaser's legal, cadastral and planning due diligence.
The three buildings
building I - central building
The central building comprises three independent residences, each offering a different configuration.
Residence A - Approx. 120 sq m
A spacious two-bedroom residence comprising:
2 bedrooms
2 bathrooms
Large living and dining area
Fully equipped kitchen
Two balconies
Generous interior living spaces
Capacity for up to 7 guests, according to the existing eot classification
This is the largest residence within the central building and provides the scale and privacy required for larger families or groups.
Residence B - Approx. 60 sq m
A comfortable one-bedroom residence comprising:
1 bedroom
1 bathroom
Living area
Fully equipped kitchen
Dining area
Capacity for up to 3 guests
Residence C - Approx. 40 sq m
A compact studio-style residence comprising:
Open-plan studio layout
Living and sleeping area
Kitchen
Bathroom
Capacity for up to 2 guests
The central building therefore offers a combination of larger family accommodation together with smaller units suitable for couples or individual travellers.
Building II
The second building comprises two independent maisonette-style residences, each approximately 40 sq m.
Maisonette 1 - Approx. 40 sq m
Open-plan sleeping area on the upper level
Living area on the ground floor
Kitchen
Bathroom
Capacity for 2 guests
Private outdoor area
Maisonette 2 - Approx. 40 sq m
Open-plan sleeping area on the upper level
Living area on the ground floor
Kitchen
Bathroom
Capacity for 2 guests
Private outdoor area
The maisonette configuration provides a distinctive accommodation experience, with sleeping areas positioned separately from the main living spaces.
Building III - newest building
The newest of the three buildings comprises three maisonette-style residences and benefits from its own 60 sq m infinity swimming pool.
Residence A - Approx. 90 sq m
A spacious two-bedroom maisonette comprising:
2 bedrooms
2 bathrooms
Two balconies
Large living area
Fully equipped kitchen
Capacity for up to 6 guests
This residence provides a particularly generous configuration for families or groups seeking additional space and privacy.
Residence B - Approx. 50 sq m
A maisonette-style residence comprising:
Open-plan sleeping area on the upper level
Living area on the ground floor
Fully equipped kitchen
Dining area
1 bathroom
Capacity for up to 3 guests
Residence C - Approx. 60 sq m
A two-level residence comprising:
1 bedroom
2 bathrooms
Living area
Fully equipped kitchen
Two separate levels
Capacity for up to 3 guests
Accommodation capacity
The existing residences are classified by the Greek National Tourism Organisation (eot) with a total capacity of approximately:
30 registered beds
In addition to the dedicated bedrooms, the residences offer flexible sleeping arrangements, including sofa beds and additional sleeping areas.
All residences benefit from comfortable private outdoor areas and generous terraces, with the property designed to maximise the panoramic views towards the sea.
Infinity pool & outdoor experience
The newest building is complemented by a 60 sq m infinity swimming pool, positioned within the natural landscape and oriented towards the sea.
The outdoor areas form an important part of the hospitality experience, with terraces and private spaces associated with the individual residences.
The combination of sea views, natural surroundings, privacy and outdoor living provides the foundation for a high-end Mediterranean hospitality concept.
Established hospitality business
The property has approximately 18 years of operating history, providing an established foundation for a future owner.
The existing business benefits from:
8 independent residences
Approximately 30 registered beds
Existing hospitality infrastructure
Furnished and equipped accommodation
Established operating history
International clientele
Returning guests
Established presence within the local tourism market
The acquisition therefore provides an opportunity to take over an existing hospitality platform, rather than starting a new operation from the ground up.
Future hotel development potential
One of the most important elements of the investment proposition is the potential for a future change of use from the current residential accommodation model to hotel use.
Subject to detailed planning, architectural, legal and regulatory review and the granting of all necessary approvals, this repositioning may allow the development of approximately:
1,500 sq m of additional accommodation
This potential could enable the property to evolve from its current eight-residence configuration into a significantly larger and more sophisticated boutique hotel or luxury hospitality estate.
For an experienced hospitality investor, this represents a potential value-creation opportunity based on:
Existing asset + established operation + substantial landholding + potential additional development.
The approximately 1,500 sq m should be understood strictly as potential development capacity subject to confirmation and approvals, and not as an existing building entitlement.
Land & additional area
The property currently comprises approximately:
13,000 sq m
There is also an additional area of approximately:
2,500 sq m
which remains pending in relation to the Forest Service.
The status of this additional area, including ownership, cadastral classification and any possible development rights, should be established through full legal and technical due diligence.
Any future benefit from this additional area has deliberately not been assumed in the asking price calculation.
Location - western mani
The property is located in Western Mani, Peloponnese, Greece.
For reasons of privacy and discretion, the exact location is intentionally not disclosed at the initial marketing stage.
The wider area is characterised by dramatic mountain scenery, Mediterranean coastline, clear waters, traditional architecture and an increasingly established international tourism profile.
The property's setting combines the privacy expected from a substantial Mediterranean estate with access to the established tourism infrastructure of the surrounding coastal destinations.
Kardamyli and Stoupa are approximately five minutes away by car, while Kalamata International Airport is approximately one hour away.
Athens International Airport is approximately three hours by road.
The investment proposition
At an asking price of:
€4,200,000
the acquisition represents approximately €323 per sq m based on the current 13,000 sq m landholding alone.
This calculation does not separately attribute value to:
Approximately 600 sq m of existing buildings;
eight established residences;
30 registered beds;
60 sq m infinity pool;
existing hospitality infrastructure;
established business history;
existing clientele;
panoramic sea views;
or the potential future hotel development.
It also does not assign a value to the approximately 2,500 sq m currently pending with the Forest Service.
The investment should therefore be considered as the acquisition of a complete hospitality and real-estate platform, rather than simply a land transaction or an accommodation business.
Why this asset is different
The property's principal strength lies in the combination of existing and future value.
An investor acquires an established hospitality operation with:
13,000 sq m of land
3 buildings
8 independent residences
Approximately 600 sq m of existing buildings
30 registered beds
60 sq m infinity pool
Approximately 18 years of operating history
Panoramic sea views
while also gaining the opportunity to investigate:
Hotel repositioning + approximately 1,500 sq m potential additional accommodation, subject to planning and regulatory approvals.
This combination is difficult to replicate through a conventional new development, where an investor would need to secure the land, obtain approvals, construct the accommodation and establish the hospitality operation from the beginning.
A long-term mediterranean asset
Offers the characteristics of an asset designed for long-term ownership and strategic development.
For a private investor, family office, hospitality group or experienced real-estate investor, the property can be evaluated on several levels:
As an established hospitality business
As a substantial Mediterranean landholding
As an existing boutique accommodation asset
As a potential hotel repositioning opportunity
As a platform for future hospitality development
The property's appeal ultimately lies in the fact that these characteristics already coexist within a single asset.
Key property data
Asset Details
Asking Price €4,200,000
Location Western Mani, Peloponnese, Greece
Land Approx. 13,000 sq m
Additional area Approx. 2,500 sq m - Forest Service matter pending
Buildings 3
Existing built area Approx. 600sq m
Independent residences 8
Registered beds 30
Swimming pool 60 sq m infinity pool
Operating history Approx. 18 years
Potential additional accommodation Approx. 1,500 sq m, subject to hotel conversion and approvals
Kardamyli Approx. 5 minutes
Stoupa Approx. 5 minutes
Kalamata International Airport Approx. 1 hour
Athens International Airport Approx. 3 hours
Asking price - €4,200,000
A rare opportunity to acquire an established Mediterranean hospitality estate with substantial land, existing accommodation, an operating track record and meaningful future development potential.
The property's investment appeal is not based on a single characteristic, but on the scarcity of the complete combination: Approximately 13,000 sq m of land, eight existing residences, three buildings, established hospitality operations, panoramic sea views and the potential for significant additional accommodation through a possible hotel repositioning.
For a qualified international investor, the estate offers the opportunity to acquire a substantial Western Mani hospitality asset with an existing operational foundation and identifiable potential for future value creation.
The asking price of €4.2 million reflects the complete nature of the asset being offered and should be evaluated in conjunction with the existing real estate, hospitality operation and potential future development opportunity.
Private & confidential
Further financial, operational, legal, cadastral, planning and technical information can be made available to qualified prospective purchasers following an initial expression of interest and, where appropriate, under confidentiality arrangements.
All information regarding development potential, hotel conversion, the additional 2,500 sq m and future building capacity is subject to independent verification and the necessary approvals.
Rare mediterranean hospitality estate & development opportunity
Western Mani | Peloponnese | Greece
Asking Price: €4,200,000
An exceptional hospitality and real-estate opportunity comprising approximately 13,000 sq m of land, three separate buildings, eight fully equipped residences, approximately 600 sq m of existing accommodation, a 60 sq m infinity swimming pool and exceptional panoramic views of the Mediterranean.
With an established hospitality history of approximately 18 years, the property combines an operating accommodation business with substantial landholding and significant potential for future repositioning and development.
Investment overview
Located in Western Mani, in the Peloponnese, this distinctive Mediterranean estate offers a rare combination of land, existing hospitality infrastructure, established operations, privacy, sea views and future development potential.
The property extends over approximately 13,000 sq m and currently comprises three separate buildings accommodating eight independent residences.
The existing accommodation has been designed around privacy and independence, with all residences benefiting from outdoor areas, generous terraces and panoramic views towards the sea.
The business has an established operating history of approximately 18 years, with an international clientele and returning guests.
Beyond the existing operation, one of the most significant aspects of the investment is the potential to reposition the property from its current residential accommodation model to hotel use.
Subject to the applicable planning framework and all required approvals, such a change of use may allow the development of approximately 1,500 sq m of additional accommodation.
This creates the possibility of transforming the existing estate into a larger-scale boutique hotel or luxury hospitality destination, while retaining the existing buildings, infrastructure, land and established operational base.
The estate
The property currently comprises approximately:
13,000 sq m of land
3 separate buildings
8 independent residences
Approximately 600 sq m of existing buildings
60 sq m infinity swimming pool
30 registered beds according to eot classification
Large private outdoor areas
Spacious terraces
Panoramic sea views
Approximately 2,500 sq m additionally pending in relation to a Forest Service matter
The additional approximately 2,500 sq m remains subject to the relevant Forest Service process and should be independently verified through the purchaser's legal, cadastral and planning due diligence.
The three buildings
building I - central building
The central building comprises three independent residences, each offering a different configuration.
Residence A - Approx. 120 sq m
A spacious two-bedroom residence comprising:
2 bedrooms
2 bathrooms
Large living and dining area
Fully equipped kitchen
Two balconies
Generous interior living spaces
Capacity for up to 7 guests, according to the existing eot classification
This is the largest residence within the central building and provides the scale and privacy required for larger families or groups.
Residence B - Approx. 60 sq m
A comfortable one-bedroom residence comprising:
1 bedroom
1 bathroom
Living area
Fully equipped kitchen
Dining area
Capacity for up to 3 guests
Residence C - Approx. 40 sq m
A compact studio-style residence comprising:
Open-plan studio layout
Living and sleeping area
Kitchen
Bathroom
Capacity for up to 2 guests
The central building therefore offers a combination of larger family accommodation together with smaller units suitable for couples or individual travellers.
Building II
The second building comprises two independent maisonette-style residences, each approximately 40 sq m.
Maisonette 1 - Approx. 40 sq m
Open-plan sleeping area on the upper level
Living area on the ground floor
Kitchen
Bathroom
Capacity for 2 guests
Private outdoor area
Maisonette 2 - Approx. 40 sq m
Open-plan sleeping area on the upper level
Living area on the ground floor
Kitchen
Bathroom
Capacity for 2 guests
Private outdoor area
The maisonette configuration provides a distinctive accommodation experience, with sleeping areas positioned separately from the main living spaces.
Building III - newest building
The newest of the three buildings comprises three maisonette-style residences and benefits from its own 60 sq m infinity swimming pool.
Residence A - Approx. 90 sq m
A spacious two-bedroom maisonette comprising:
2 bedrooms
2 bathrooms
Two balconies
Large living area
Fully equipped kitchen
Capacity for up to 6 guests
This residence provides a particularly generous configuration for families or groups seeking additional space and privacy.
Residence B - Approx. 50 sq m
A maisonette-style residence comprising:
Open-plan sleeping area on the upper level
Living area on the ground floor
Fully equipped kitchen
Dining area
1 bathroom
Capacity for up to 3 guests
Residence C - Approx. 60 sq m
A two-level residence comprising:
1 bedroom
2 bathrooms
Living area
Fully equipped kitchen
Two separate levels
Capacity for up to 3 guests
Accommodation capacity
The existing residences are classified by the Greek National Tourism Organisation (eot) with a total capacity of approximately:
30 registered beds
In addition to the dedicated bedrooms, the residences offer flexible sleeping arrangements, including sofa beds and additional sleeping areas.
All residences benefit from comfortable private outdoor areas and generous terraces, with the property designed to maximise the panoramic views towards the sea.
Infinity pool & outdoor experience
The newest building is complemented by a 60 sq m infinity swimming pool, positioned within the natural landscape and oriented towards the sea.
The outdoor areas form an important part of the hospitality experience, with terraces and private spaces associated with the individual residences.
The combination of sea views, natural surroundings, privacy and outdoor living provides the foundation for a high-end Mediterranean hospitality concept.
Established hospitality business
The property has approximately 18 years of operating history, providing an established foundation for a future owner.
The existing business benefits from:
8 independent residences
Approximately 30 registered beds
Existing hospitality infrastructure
Furnished and equipped accommodation
Established operating history
International clientele
Returning guests
Established presence within the local tourism market
The acquisition therefore provides an opportunity to take over an existing hospitality platform, rather than starting a new operation from the ground up.
Future hotel development potential
One of the most important elements of the investment proposition is the potential for a future change of use from the current residential accommodation model to hotel use.
Subject to detailed planning, architectural, legal and regulatory review and the granting of all necessary approvals, this repositioning may allow the development of approximately:
1,500 sq m of additional accommodation
This potential could enable the property to evolve from its current eight-residence configuration into a significantly larger and more sophisticated boutique hotel or luxury hospitality estate.
For an experienced hospitality investor, this represents a potential value-creation opportunity based on:
Existing asset + established operation + substantial landholding + potential additional development.
The approximately 1,500 sq m should be understood strictly as potential development capacity subject to confirmation and approvals, and not as an existing building entitlement.
Land & additional area
The property currently comprises approximately:
13,000 sq m
There is also an additional area of approximately:
2,500 sq m
which remains pending in relation to the Forest Service.
The status of this additional area, including ownership, cadastral classification and any possible development rights, should be established through full legal and technical due diligence.
Any future benefit from this additional area has deliberately not been assumed in the asking price calculation.
Location - western mani
The property is located in Western Mani, Peloponnese, Greece.
For reasons of privacy and discretion, the exact location is intentionally not disclosed at the initial marketing stage.
The wider area is characterised by dramatic mountain scenery, Mediterranean coastline, clear waters, traditional architecture and an increasingly established international tourism profile.
The property's setting combines the privacy expected from a substantial Mediterranean estate with access to the established tourism infrastructure of the surrounding coastal destinations.
Kardamyli and Stoupa are approximately five minutes away by car, while Kalamata International Airport is approximately one hour away.
Athens International Airport is approximately three hours by road.
The investment proposition
At an asking price of:
€4,200,000
the acquisition represents approximately €323 per sq m based on the current 13,000 sq m landholding alone.
This calculation does not separately attribute value to:
Approximately 600 sq m of existing buildings;
eight established residences;
30 registered beds;
60 sq m infinity pool;
existing hospitality infrastructure;
established business history;
existing clientele;
panoramic sea views;
or the potential future hotel development.
It also does not assign a value to the approximately 2,500 sq m currently pending with the Forest Service.
The investment should therefore be considered as the acquisition of a complete hospitality and real-estate platform, rather than simply a land transaction or an accommodation business.
Why this asset is different
The property's principal strength lies in the combination of existing and future value.
An investor acquires an established hospitality operation with:
13,000 sq m of land
3 buildings
8 independent residences
Approximately 600 sq m of existing buildings
30 registered beds
60 sq m infinity pool
Approximately 18 years of operating history
Panoramic sea views
while also gaining the opportunity to investigate:
Hotel repositioning + approximately 1,500 sq m potential additional accommodation, subject to planning and regulatory approvals.
This combination is difficult to replicate through a conventional new development, where an investor would need to secure the land, obtain approvals, construct the accommodation and establish the hospitality operation from the beginning.
A long-term mediterranean asset
Offers the characteristics of an asset designed for long-term ownership and strategic development.
For a private investor, family office, hospitality group or experienced real-estate investor, the property can be evaluated on several levels:
As an established hospitality business
As a substantial Mediterranean landholding
As an existing boutique accommodation asset
As a potential hotel repositioning opportunity
As a platform for future hospitality development
The property's appeal ultimately lies in the fact that these characteristics already coexist within a single asset.
Key property data
Asset Details
Asking Price €4,200,000
Location Western Mani, Peloponnese, Greece
Land Approx. 13,000 sq m
Additional area Approx. 2,500 sq m - Forest Service matter pending
Buildings 3
Existing built area Approx. 600sq m
Independent residences 8
Registered beds 30
Swimming pool 60 sq m infinity pool
Operating history Approx. 18 years
Potential additional accommodation Approx. 1,500 sq m, subject to hotel conversion and approvals
Kardamyli Approx. 5 minutes
Stoupa Approx. 5 minutes
Kalamata International Airport Approx. 1 hour
Athens International Airport Approx. 3 hours
Asking price - €4,200,000
A rare opportunity to acquire an established Mediterranean hospitality estate with substantial land, existing accommodation, an operating track record and meaningful future development potential.
The property's investment appeal is not based on a single characteristic, but on the scarcity of the complete combination: Approximately 13,000 sq m of land, eight existing residences, three buildings, established hospitality operations, panoramic sea views and the potential for significant additional accommodation through a possible hotel repositioning.
For a qualified international investor, the estate offers the opportunity to acquire a substantial Western Mani hospitality asset with an existing operational foundation and identifiable potential for future value creation.
The asking price of €4.2 million reflects the complete nature of the asset being offered and should be evaluated in conjunction with the existing real estate, hospitality operation and potential future development opportunity.
Private & confidential
Further financial, operational, legal, cadastral, planning and technical information can be made available to qualified prospective purchasers following an initial expression of interest and, where appropriate, under confidentiality arrangements.
All information regarding development potential, hotel conversion, the additional 2,500 sq m and future building capacity is subject to independent verification and the necessary approvals.
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