Land Parcel 112000m² (650.000 €)

An olive grove with 2,300 ancient olive trees in excellent condition, located in a highly fertile area with strong annual productivity and easy access, just 150 meters from the Sparta–Gythio provincial road. The property is situated near residential homes with the possibility of connection to public utilities (electricity). It has clear legal titles and an objective property value of €431,000. This is a certified organic cultivation, predominantly consisting of Koroneiki olives with a smaller number of Kalamon trees. It is estimated to produce 8–10 tons of extra virgin olive oil with extremely low acidity (0.1–0.3) and outstanding organoleptic characteristics, already commanding a very high market value. The trees are adapted to dry-farming conditions, with significant potential for increased yield through irrigation. A borehole on the property exists, allowing the utilization of abundant underground water resources, with a planned system to pump water into a reservoir at the top of the hill for gravity-fed irrigation. The land is naturally bounded by a stream on both sides. The property also benefits from basic payment entitlements and additional subsidies due to its classification as a mountainous/disadvantaged area, which enhances annual income. Cooperation opportunities are also available, either through management takeover or investment proposals. There is further potential for agro-tourism development and additional land utilization, as the property allows for building rights and full infrastructure development, including electricity connection. Overall, this is a strong investment opportunity with stable production, high-quality output, and significant future growth potential.