This traditional ground-floor residence of 72 sq.m. in the picturesque village of Sarlata, Livathos, represents a rare investment opportunity, blending authentic Cephalonian architecture with a magnificent, unobstructed view of the Ionian Sea. Built in 1956, the property is part of a larger building and includes its own private plot of 178 sq.m., ensuring privacy and a sense of independence. The property's greatest advantage is its strategic location: it is situated in a quiet, traditional setting, yet just a breath away from Argostoli, the airport, and some of the island's most famous beaches. The sea view is visible even from inside the house, which features two bedrooms, a living room, and a kitchen with a southwest orientation, guaranteeing abundant natural light throughout the day. While the property requires renovation, its potential is exceptional, as it comes with an additional building allowance of 62 sq.m., allowing the new owner to expand the living spaces. With the right configuration, it can be transformed into a stunning permanent or holiday home, or a highly profitable rental property in an area with consistently high demand. This is an enticing proposal that combines a prime location, traditional charm, and significant development prospects in one of the most beautiful corners of Kefalonia.