1880s Stone Estate on Aegean Shoreline | 3 Historic Buildings with 1,057m² Garden & Beach Access



Thessalia, Magnesia, Cherefto, Greece, Zagora (Greece)
2 Bedrooms · 1 Bathrooms · 316m² Floor area
€390,000
House
No parking
2 Bedrooms
1 Bathrooms
316m²
Garden
No pool
Not furnished
Description
Step through a stone doorway carved in 1880 and feel the cool interior air mix with salt breeze from the Aegean just meters away. Three weathered stone buildings stand among ancient olive trees and original dry-stone walls, their thick masonry glowing amber in the afternoon sun. This is not simply a property requiring renovation—it is a rare opportunity to resurrect a piece of Pelion maritime history and create a coastal sanctuary that honors Greek architectural heritage while serving modern vacation home aspirations.
Spread across a generous 1,057 square meter plot directly facing the sea, this historic estate comprises three distinct stone structures, each offering unique restoration possibilities. The main two-storey residence spans 153 square meters and retains remnants of its original Pelion-style roof—those distinctive slate formations that characterize traditional mountain architecture adapted to coastal settings. Inside, the bones of traditional room divisions remain visible, offering both historical guidance and creative freedom. The second building, a substantial 134 square meter former olive mill, features the impressive ceiling heights that once accommodated pressing equipment and storage. Its open footprint becomes a canvas for imaginative conversion: picture vaulted guest suites, an artist's studio flooded with Aegean light, or an entertainment pavilion with walls that open entirely to garden views. The third structure, a compact 29 square meter stone building, might become a private office, meditation room, or guest cottage.
Cherefto occupies a privileged position along the eastern Pelion coastline where mountain slopes cascade directly into the Aegean. This is the Greece that existed before mass tourism—where fishing boats still bob in small harbors, where tavernas serve octopus caught that morning, where village life moves to rhythms unchanged for generations. Your mornings here begin with coffee on a future terrace, watching fishing boats return with their catch. Walk 50 meters to Chorefto Beach—a sweeping expanse of sand and crystal water where summer brings Greek families but never crowds. Swim before breakfast, return for lunch prepared from vegetables grown in nearby kitchen gardens, spend afternoons exploring the network of hiking trails that connect coastal villages to mountain settlements above.
The restoration journey ahead offers creative control rarely available in completed properties. Work with local craftsmen who understand traditional stone construction techniques passed through generations. Source reclaimed materials from Pelion villages where old houses yield chestnut beams, slate tiles, and hand-forged ironwork. Design interiors that balance historical authenticity with contemporary comfort—stone floors with underfloor heating, traditional shutters fitted with modern insulation, exposed ceiling beams complemented by discreet climate control. The property's seafront position eliminates the need for pool construction; the Aegean becomes your private swimming facility, accessible whenever impulse strikes.
Pelion presents a destination unlike typical Greek island retreats. This mountainous peninsula jutting into the Aegean offers dramatic topographical variety—dense forests give way to stone villages, hiking trails emerge at hidden beaches, elevation changes create microclimates where chestnuts and olives grow within kilometers of each other. The region's mythology as summer home of the ancient gods feels credible when you experience its natural beauty. Spring arrives with wildflowers carpeting hillsides and mountain streams running full. Summer brings perfect beach weather without oppressive heat, as sea breezes moderate temperatures. Autumn transforms forests into color displays rivaling Vermont or Bavaria. Winter sees occasional snow on mountain peaks while coastal areas remain mild, creating striking visual contrasts.
Volos, the regional capital 50 kilometers away, provides urban amenities, ferry connections to Sporades islands, and an international airport 89 kilometers distant with seasonal connections to European cities. The coastal road connecting villages offers spectacular driving, with frequent stops at tavernas, beaches, and viewpoints. Local produce defines Pelion cuisine—mountain greens, fresh seafood, chestnuts, wild mushrooms, artisan cheeses from hillside flocks. Village festivals throughout summer celebrate saints' days with traditional music, dancing, and communal feasting that welcomes visitors as participants rather than spectators.
The investment proposition extends beyond personal enjoyment. Pelion's growing reputation among discerning European travelers creates strong rental demand for authentic properties with character and coastal access. A thoughtfully restored stone estate directly on the beach would command premium rates during July and August peak season while attracting shoulder season guests seeking quieter experiences. The property's three buildings enable flexible use: occupy the main house personally while renting the mill conversion, or operate the entire estate as a boutique retreat. An adjoining 1,000 square meter plot available for purchase would expand development possibilities—additional guest cottages, an event venue, or preserved garden space enhancing privacy.
Greek property law welcomes international buyers with straightforward purchase procedures and no restrictions on EU citizen ownership. Transaction costs typically total 10-12 percent including transfer taxes, legal fees, and registration. Annual property taxes remain modest compared to Western European rates. Renovation permits for traditional structures generally receive favorable consideration when designs respect original character. Working with architects experienced in Pelion restoration ensures navigation of local building regulations while achieving contemporary standards.
The full renovation requirement might concern some buyers, but consider the alternative: acquiring someone else's completed vision at premium pricing. Here you control every decision—room layouts, material selections, garden design, technological infrastructure. Install solar systems for energy independence. Create outdoor living spaces positioned for sunset views. Design kitchens equipped for serious cooking. Build wine cellars in stone basements naturally climate-controlled. The 316 square meters of existing covered space provides ample room for a two-bedroom main residence plus significant guest accommodation. Budget realistically for comprehensive restoration—quality work using traditional materials and skilled craftsmen requires appropriate investment—but recognize that you are creating a bespoke property impossible to find in completed condition.
Key Features:
• Three historic stone buildings totaling 316m² covered space dating from 1880
• 1,057m² beachfront plot with direct Aegean access, mature trees, original stone walls
• Main house: 153m² two-storey residence with traditional Pelion architectural elements
• Former olive mill: 134m² building with high ceilings perfect for creative conversion
• Third structure: 29m² stone building for auxiliary use or guest quarters
• 50 meters to sandy Chorefto Beach with crystal Aegean waters
• Authentic restoration opportunity with flexible design possibilities
• Traditional stone oven and original dry-stone walls throughout property
• Optional purchase of adjoining 1,000m² plot for expanded development
• 50km to Volos, 89km to international airport, excellent ferry connections
• Strong rental potential in growing Pelion vacation market
• Mountain and sea lifestyle with hiking, beaches, village culture
• Peaceful setting with uninterrupted sea views and village surroundings
• Suitable for luxury residence or boutique hospitality development
This property represents more than real estate—it offers participation in cultural preservation, creative expression through restoration, and establishment of a family legacy in one of Greece's most compelling coastal regions. International buyers seeking authentic European vacation homes with historical significance and natural beauty will find few opportunities matching this combination of location, potential, and character. Contact Homestra today to arrange a site visit and begin conversations with local restoration specialists who can help visualize the extraordinary residence waiting within these historic stone walls.
Details
- Amount of bedrooms
- 2
- Size
- 316m²
- Price per m²
- €1,234
- Garden size
- 1000m²
- Has Garden
- Yes
- Has Parking
- No
- Has Basement
- No
- Condition
- renovating
- Amount of Bathrooms
- 1
- Has swimming pool
- No
- Property type
- House
- Energy label
Unknown
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