An old, 6 room, corner property, on a plot of approx. 160 m2 in elevated position of Agios Nikolaos, just 400 m from the nearest sandy beach. The property at present is split level, with a central courtyard/garden. Requires modernisation/renovation. Services connected. Although this property could be made habitable as is, it also has potential for the construction of a completely new house/apartments with obvious investment/income potential. There is a natural fall in height to the front of the plot, thus ensuring the views, should any construction take place. As the town plan stipulates, the owner will be obliged to compulsory purchase a piece of land, approx. 30 m2, immediately to the front of the plot.