Traditional Cycladic Property with Roof Terrace & Exceptional Potential in the Heart of Parikia

Description

Nestled within the picturesque lanes of Parikia’s traditional settlement, just 70 metres from the beach, the waterfront promenade, the traditional market, cafés, restaurants and vibrant local amenities, this charming period property presents a rare opportunity to acquire a piece of authentic Cycladic heritage in one of the island’s most sought-after locations.

Arranged over two levels and complemented by a 42 m² private roof terrace, the residence retains a wealth of traditional architectural elements that reflect the character and history of old Parikia. On the ground floor, an inviting open-plan space showcases beautiful arched openings, traditional alcoves and a fireplace, creating a warm and atmospheric setting. A bathroom is also located on this level.

The upper floor comprises a bedroom, an open-plan kitchen and living area, and a second bathroom. Particularly impressive are the high ceilings, which enhance the sense of space and light throughout the floor. Within the bedroom, a cleverly designed loft area provides additional sleeping accommodation for two guests, maximizing both functionality and charm.

A small veranda on the first floor leads to the property’s sun-drenched roof terrace, a wonderful private space with ample room for outdoor dining, lounging, or simply enjoying the atmosphere of the traditional settlement from above.

While the property is currently habitable, it offers exceptional renovation potential. Whether transformed into a stunning private residence, a charming boutique retreat, or two independent accommodation units, its central location and authentic character provide all the ingredients for a highly desirable investment.

Combining traditional architecture, a privileged location, and significant value-enhancement potential, this property represents a unique opportunity in the historic heart of Parikia, with excellent prospects for both personal use and holiday rental income.