Traditional House In Old Town Of Lefkada Island, Greece

Discover a Traditional Gem in Lefkada’s Historic Heart

Nestled in the heart of Lefkada’s old town, this two-storey traditional house presents a unique opportunity. It’s situated on a quiet pedestrian street, meaning no car noise to disturb your peace. This location offers a genuine island experience, away from the bustle but still incredibly close to everything you’d want. Imagine living on a street where you can hear the sounds of daily life without the rumble of traffic – that’s the charm of this place.

Unbeatable Location: Steps from Everything

The positioning of this property is a major selling point. It’s a mere 50 meters from the central square, the main hub of Lefkada town. Everything you need is within easy reach. Fancy a stroll by the sea? The seafront promenade is only 60 meters away. This area comes alive, especially in the evenings during summer when the road is pedestrianized from 7 PM to 6 AM. This transforms the seafront into a vibrant space filled with restaurants and cafes, creating a fantastic atmosphere for residents and visitors alike.

For those who drive, parking is conveniently located just 200 meters away at the municipal parking area. This means you can have a car without the hassle of finding a spot right outside your door. If you’re arriving from further afield, Aktion International Airport is a 20-minute drive away, and there are public transport options to get you to and from the island.

Thoughtful Layout for Comfort and Guests

The house is designed with living and entertaining in mind. The first floor houses the private quarters: three bedrooms. There are two double bedrooms, perfect for couples or individuals needing their own space. Additionally, there’s a semi-double bedroom, which could be ideal for children or a single guest. What’s particularly useful is the open space area on this floor. This flexible spot can easily accommodate a sofa bed, making it a great option for hosting extra guests without them feeling cramped. A lovely traditional balcony is accessible from both of the double bedrooms, offering a pleasant spot to enjoy a morning coffee or an evening breeze.

The ground floor is where the main living and kitchen areas are located. It’s designed as an open-plan space, promoting a sense of togetherness. Whether you’re cooking, dining, or relaxing, you can all be in the same area. This layout is perfect for modern living and for creating a welcoming environment when you have friends or family over.

Practical Features for Everyday Living

Comfort is well-catered for with modern amenities. The house is equipped with two air conditioning units, one on each floor, providing both cooling in the summer and heating in the cooler months. The kitchen is fully equipped with essential home appliances, including a refrigerator and a washing machine. All appliances are reported to be in excellent condition, meaning you can move in and start using them without immediate concerns about replacements.

Access between the two floors is via a beautiful internal wooden staircase. This adds to the traditional character of the house while providing a safe and sturdy connection between the living areas and the bedrooms.

Investment Potential: Expand and Enhance

This property isn’t just a home; it’s also a smart investment. There’s a significant opportunity for development and value addition. The current structure allows for the possibility of obtaining a permit to construct an attic, extending the usable space upwards. This could potentially increase the total building height to 9 meters, creating a substantial loft extension. Such an addition can dramatically enhance the property’s appeal and rental potential.

For investors, this is a chance to significantly increase the property’s value. The combination of its prime location, the potential for expansion, and the strong tourism market in Lefkada makes it a compelling proposition. The property is well-suited for various rental strategies. It’s ideal for short-term rentals, such as Airbnb or holiday letting, given its central position and proximity to attractions. It could also generate long-term rental income, or serve as a personal holiday home in one of Greece’s most sought-after islands.

The short-term rental market in Lefkada is robust. Projections suggest an annual income potential ranging between €20,000 and €30,000, depending on how it’s managed, the occupancy rates achieved, and the specific rental strategies employed. Its location in Lefkada Old Town is a key draw for tourists looking for an authentic island experience, ensuring consistent demand throughout the busy tourist season. The property benefits from a location that is in high demand, with the potential for low renovation costs if the new owner chooses to update it, and leverages the strong tourism market that Lefkada offers.