Olive Farm for Sale
Sparti, Greece
A rare opportunity to purchase a large producing olive farm
in one of the top olive oil regions in the world.
Sparti, Laconia, Greece on the Peleponeses
Land Parcels
The farm is made up of four parcels of land:
1) 37,521.65 square metres with its own water supply (well and bore hole)
Automated irrigation system
400 olive trees which are 20 years old
And 700 olive trees which are 3 years old
250m frontage on the highway
Zoning and permit to allow multiple uses on this property (including retail, gas station, light industrial)
Permit to allow construction of a roadway intersection on the property (to allow a second entrance from the highway)
2) 7,182 square metres relies on water supply from parcel 1)
Automated irrigation system
150 olive trees which are 20 years old
3) 19,189.85 square metres relies on water supply from parcel 1)
Automated irrigation system
500 mature olive trees
Located about 500m east of parcels 1 and 2
4) 10,053.33 square metres relies on water supply from parcel 1)
Automated irrigation system
300 mature olive trees
Located about 500m east of parcels 1 and 2
Price
2 options:
Seller’s preferred option:
1,000,000 euros for parcels 1) and 2)
Total of 44,703.65 square metres of land and 1,250 olive trees
Bore hole, well, irrigations systems, 2 storage buildings
Agreement to allow water use for parcels 3) and 4) at negotiated metered rate to be paid annually to purchaser
2nd option:
1,600,000 euros for all four parcels
Total of 73,946.83 square metres of land and 2,200 olive trees
Borehole, well, irrigation systems, 2 storage buildings
Zoning and Permits
Zoning and Permits
All four parcels of land have permits from the Greek Government Forest Department and the Greek Government Archeological Services confirming that they are free to build on and giving permission for development.
These permits stay with the land through changes of ownership and take years to achieve.
The seller has gone through the long process of gaining these permits for all four parcels.
The zoning permits additional uses, including construction of additional buildings and businesses on the property, and permission to build private roads.
Irrigation and Sunlight
Water Supply: Bore hole, well, pumps and pump house / storage buildings.
Irrigation: Extensive modern automated irrigation systems to water all 2,200 trees.
Sunlight: The excellent location of the farm means that all four parcels and all 2,200 olive trees receive maximum sunlight all day, from sunrise to sunset, all year. This results in maximum growth and maximum productivity.
Electrical Supply
Number 5 electrical (industrial) power supply on all four parcels of land.
This is the highest power supply available in Greece.
Olive Oil Production
2018 Production: 10 tonnes of olive oil
In two years as the younger olive trees mature, production is expected to double.
Transportation Access
Highway Access: Excellent road access for easy transportation. Farm is located on the highway from Sparti (8km) to the coast at Githeo (35km).
There is the option to have two entrances from the highway on to the property.
Olive Pressing Factories: The farm is situated near 3 olive pressing factories, with the closest one only 100m from the property line.
Farm Roads: There are good private gravel roads on the property.
Residential Lots
If the buyer wishes to build a home in the charming nearby village of Anoyia (Ανωγεια) (6 minute drive from the farm), a choice of two suitable home sites within the village residential area are available from the same sellers.
15,000 euros for 1,277.63 square metres Residential Site
And / Or
50,000 euros for 3,812.48 square metres Residential Site
Both lots have water and electricity and are located in the buildable section of the village.
The village has approximately 400 year round residents and is 10km from Sparti.