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Extraordinary Property, Old Town
€6,500,000
Reference: INT090238
This magnificent residence in need of some refurbishment dates back to 1901. Literally bridging one of the cobbled streets in the centre of the Old Town in Rhodes, this was once the home of a famed merchant and his family.
An architectural masterpiece, it was constructed by a local master builder. This lovingly preserved palace, full of Eastern promise and mystery, has retained a number of original features.
It measures 726 m2 and is set out over 3 floors with 3,142 m2 of landscaped garden. A well in the west garden, provides water to 2 reservoirs, which in turn irrigate the garden, through stone channels. The 86 m2 basement is currently used as a storeroom and the ground floor comprises eight rooms and a bathroom.
A wooden staircase leads up to first floor which comprises 13 rooms, 2 bathrooms, a laundry room, a storeroom and a steam room. The second floor has a large panoramic stateroom, located at the centre and above the street and benefits from breathtaking views of the old town and the sea.
The property has electricity, water supply, telephone installation and connection to the septic system.
With devoted renovation this property provides enormous scope for a number of opportunities.
DISCLAIMER: For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. We have not carried out a detailed survey, nor tested the services, appliances or specific fittings. Room sizes are not to be relied upon for carpets and furnishings. If these are important matters which are likely to affect your decision to buy, please contact us before viewing the property.