Facing the famous Loutraki Beach and set on the seafront pedestrian street, this rare and exceptional property stands out as the last remaining land plot in this desirable area with the possibility of development. The house of 377 sq.m has 11 bedrooms and was built in 1930. The land plot measures 706 sq.m with a building factor of 1.1 which allows a new apartment building of 776 sq.m to be constructed on the site. This location is ideal for buyers who want to own apartments in the town center with beach access, or for a touristic development. The bustling shops and restaurants of Loutraki are close by. Magnificent sea and sunset views enhance the value of this unique investment opportunity. There is a special permit for cars to enter the parking facility of the property, while the international airport of Athens is just one hour's drive away.