We present a property for sale in the heart of historic Leonidio. This traditional stone residence, dating back to the early 20th century, is perfect for those seeking an authentic restoration project with significant investment potential. The property features a total building area of 147 sq.m. on a 115 sq.m. plot, offering stunning views of the town and the iconic Red Rock. It includes two terraces and is suitable for a vacation home, a permanent residence, or a commercial short-term rental (Airbnb). The location offers excellent access and ample parking space nearby. The property requires full renovation. The ground floor has low ceiling height and would require excavation to become fully functional and habitable; however, this is optional, as the upper floor can be transformed into a magnificent residence that blends 20th-century stone charm with modern comforts. It is already connected to electricity and water networks, while the municipal sewage connection is located near the house. Leonidio is one of the most up-and-coming destinations in the Peloponnese, attracting year-round tourism. Don’t miss the opportunity to invest in a piece of its history. Energy efficiency class: G - Agency fee 3% (+VAT)