Petra, Greece
Five-Bed House with Large Plot for Renovation in Petra, Lesvos
€200,000
€1,000/m²
- 5
- Bedrooms
- 5
- Bathrooms
- 200 m²
- Interior
- 5,500 m²
- Plot
- House
- Type
- 7 Jul 2026
- Listed
The Habio take
This five-bedroom house requires renovation and is situated in Petra, Lesvos, on a large plot of 5,500 m² opposite a beach. The property offers potential for personalisation and investment, alongside the charm of island living.
- beach
- investment
- renovation
- quiet
- historic
Highlights
- Generous plot size of 5,500 m²
- Five bedrooms and five bathrooms planned after renovation
- Opposite the beach with stunning sea views
- Walking distance to local amenities and restaurants
- Strong potential for holiday rental income
Worth knowing
- Property requires extensive renovation
- Current condition not livable
- No specific parking arrangements mentioned
Good fit for: Ideal for investors or buyers looking to create a bespoke seaside retreat.
Lifestyle scores
- Beach
- 90
- Walkable
- 70
- Remote work
- 60
- Family
- 70
- Retirement
- 80
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 80
About this place
This property presents an excellent opportunity for renovation in the picturesque village of Petra, on the island of Lesvos. The house boasts a generous internal area of 200 m² and sits on an expansive plot of 5,500 m², providing ample space for redevelopment according to your tastes.
Currently, the house is not livable and requires significant updates or could be demolished to allow for a new build. It is located a short walk away from essential amenities, including shops and restaurants, while also allowing for easy access to stunning local beaches and natural beauty. The region is well-known for its warm climate and welcoming culture, making it a desirable location for either a permanent residence or a holiday rental investment.
Petra is renowned for its unique charm, characterised by its historical landmarks, such as the Panayia Glykofilousa church. With excellent nearby sports facilities and a variety of recreational activities, the property is also a fantastic base from which to explore other parts of Lesvos, as well as neighbouring destinations in Greece and the nearby coast of Turkey.
Getting around
- Excellent water quality
Nearest beach · Anaxos
~3 min drive · 1.5 km
Mytilene (MJT)
~1 h 16 min drive · 68 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Petra, Greece
- Nearest airport
- Mytilene (MJT)
- 47 km
- Also close
- Chios Island (JKH)
- 109 km
- Nearest city
- Athens
- 259 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying Property in Greece
Purchasing property in Greece involves multiple legal steps including obtaining a Greek tax number, engaging professionals, and completing due diligence checks. Buyers should expect to budget for various fees, approximately 6-10% on top of the purchase price.
Property purchase processes in Greece can vary across regions, especially regarding restrictions for non-EU buyers in border areas.
It is crucial to work closely with a qualified local lawyer to ensure compliance with the latest legal requirements and tax implications.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser.
