The property is in the village of Lutses in Thinalion on the northeast side of Corfu (Ionic Islands) and with a height of 300 meters above a lake. Lutses has approximately 22 families (Greeks, Germans, as well as English). The closest convenient tourist and shopping centres are approximately 5 kilometers away as well as Kasiopi, Acharabi and Roda. On the property is a two-story stone house. This building was built in the 17th century (1770) in a time when Enetoi (venetans) inhabited Corfu. This building is built in a traditional style with 75 m of stone walls and served to protect the olive oil. In the ground floor (entrance is in the back of the building - western) there is a surface area of 135 m2 and a space where olive oil was once produced (at that time there were 1200 olive trees) by means of three large stones and the antique equipment. It was in operation up until the first world war. The building sits on a large arch with an opening of 8 meters. All necessary auxiliary rooms that are needed for olive oil production exist (resevoirs and oil tanks). The house has not been inhabited for 25 years. The second floor also has an entrance to the house facing east. From here there is a view of the street. There is 226 m2 floor space. The first floor consists of eight bedrooms, two wood stoves, two indoor stoves, a traditionally built kitchen, and storage rooms. The entrance possesses a roof veranda (Botzos) 23 m2 and rests traditionally on a single stone. The EU will support the olive oil factory renovation to up to 100% of the expenses as well as the renovation of the first floor up to 60%.

Region: Kerkira (Greece)

Location Near to: Lutses, orientation: northeast, location: suburb of a village, plain, view: mountain view
Distances Neighbors: 500 meters, shopping facilities: 5000 meters, town: 5000 meters LUTSES/Kasiopi,/Acharabi/Roda, sea: 5000 meters, attractions: 5000 m sandy beaches
Property Approx. 20 olive-trees and various other fruit-bearing trees as well as a well.
Ground floor In the ground floor (entrance is in the back of the building - western) there is a surface area of 135 m2 and a space where olive oil was once produced (at that time there were 1200 olive trees) by means of three large stones and the antique equipment. It was in operation up until the first world war.
Floors The second floor also has an entrance to the house facing east. From here there is a view of the street. There is 226 m2 floor space. The first floor consists of eight bedrooms, two wood stoves, two indoor stoves, a traditionally built kitchen, and storage rooms. The entrance possesses a roof veranda (Botzos) 23 m2 and rests traditionally on a single stone.
Utilities Telephone, electricity, water: connection, waste water: a simple quarry, fire-place: two wood stoves, two inside stoves
Condition Needs renovation, the house has not been inhabited for 25 years.
Possibilities of utilization Can be used as a main domicile or holiday home. Can be used as an enterprise, a restaurant, piano bar with pension in the first floor and swimming pool, a golf course or as a riding school.
Assumption conditions Immediately
Disadvantages Needs renovation. Has not been inhabited for 25 years.
Advantages The EU will help fund renovation of the olive oil factory as well as some renovations pertaining to the first floor.
Conclusion It was built with traditional Corfu architectural. The building is 361 m2. Property surface is 4961 m2 (1961 within the construction border and 3266 m2 outside). It needs to be renovated. All documents have been certified at the notary's office.

rooms: 14 living space app. 361m2 land surface/app. m2: 4.961m2

Price: 420.000,00 € 379.059,00 £ 615.178,00 $
Price plus additional 3.57% agency fee (incl. VAT) for the buyer.
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