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Loutses Olive Press – spectacular original building for renovation - for sale - 295.000 Euros - Loutses, Corfu

Title:	Loutses Olive Press – spectacular original building for renovation - for sale - 295.000 Euros - Loutses, Corfu
Category:	Property Sales & Lettings / Ionian Properties DIRECT / Residential sales
Clicks:	22
Listing added:	Apr 20, 2011
PageRank:	0/10

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The lush green setting, the sheer scale of this 17th century press and its wonderful architectural features are all just simply breath-taking.

Nestled by an old stone bridge in the village of Loutses in the northeast part of the island, amongst 4,961 square meters of its own land boasting some beautiful mature olive trees and a variety fruit bearing trees; this renovation dream was once visited by King George who was keen to sample a little of Corfu’s ‘Black Gold’ at one of the island’s most reputable processing points.

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Full Description:	At the time of Venetian domination, the ancestors of the current owners, who were large agricultural land owners, built this traditional house in classic Corfiot style. It has two storeys and magnificent walls that are 0.75 meters thick. In latter years, the family installed an olive oil plant for their own private production at ground floor level, which comprises 135 square meters, to handle the harvest from the estate’s 8,000 trees at the time. At first floor level they retained the main residence. Totalling more than 380 square meters over two floors the accommodation was substantial including 8 bedrooms, drawing room, traditional kitchen, store rooms and an adjoining basic stable. They were very fortunate compared to most, as the house had two fireplaces and internal baking ovens, which are still intact today along with its marble sink. As you touch the huge old press trough and stones, the old barrel and oil well you can just feel the history of the place. A large 8 meter volted arch, solid stone carved window and door surrounds and a 23 square meter “Botzos” (veranda) also add to its wonderful architectural features. In rural areas the number of olive trees on a piece of land is still a factor when calculating its value. The land has 20 trees and once the potential of this fabulous old property is taken into consideration, is worth every penny of its asking price. Information The village is located in the municipality of Thinalia, at an altitude of 310 meters or around 1000 feet. At present approximately 18 families live in Loutses. Towns for shopping that are all within 10 kms are Kassiopi (historic fishing harbour town), Acharavi and Roda. Additional information In addition to renovating the property for purposes of a private dwelling, other uses could include restaurant, guest house or cottages in grounds and other similar businesses that would contribute to the community and the local economy. Value can also be added with the sympathetic construction of a swimming pool, tennis court and terraces etc. As the building is of historic importance there is an EU grant available to contribute to its restoration. Electricity, water and telephone are all readily available. In addition there is a 20 meter well in the grounds. We are advised that the title deeds and tax documentation are all in order. Bullet points • 17th century olive press for renovation • Fantastic original features in pretty location • Loutses, near Kassiopi, northeast Corfu • Historic importance EU grant available • Mortgage finance available subject to status
Tel:	+30 6943534654
POST code:	49100
Address:	Loutses
State:	GR
City:	Corfu
Latitude:	39.78418
Longitude:	19.88016

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