. Two story 120sqm house under construction within the walls of the historic castle of Monemvasia. This house when finished will be situated in a peaceful part of the Castro but is only a minutes walk from the cafes and restaurants. It is also a quick walk to the tunnel through the castle wall which leads down to the sea for swimming. The house will have good sea views and strict building regulations mean the house can never be built in front of and lose its view. The number of houses in this historic castle is limited by the Greek archaeological department to only pre existing houses. Any new building is prohibited so there are a limited number of houses in this historic site. While digging the foundations of another house, the original stone foundations for this house were found so this dates back many hundreds of years. The basic foundations have been laid and walls started to be built. The house is for sale as is, it is estimated it will cost around 200,000 to finish completely. The house must continue to be built under the guidelines from the Archaeological department as set out in the building licence. All building materials for this house and all houses in the Kastro must be carried in and out of the Kastro by mule or horse ( see photo ) so obviously this bring building costs above average. This is a very good investment as the house is in a beautiful site and has great rental potential. The atmosphere within this historic Kastrois fantastic, there is a good selection of stylish bars and tavernas, yet take a few steps and you are lost in history and silence walking among the maze of tiny streets. The Kastro of Monemvasia dates back to Minoan times.
