Property
| Ownership: | Building Land |
|---|---|
| Type: | Hotel |
| Bedrooms: | 72 BR |
| Area: | 2000 m² (21528 sq ft) |
| Lot Size: | 20000 m² |
Financials
Prime 20,000 sqm Development Opportunity in Meganisi
Description
Set in a tranquil natural landscape on the island of Meganisi, this exceptional land parcel of approximately 20,000 sqm offers a rare investment opportunity for premium residential development.
The property is offered with an existing building permit, allowing for the creation of a low-density development of approximately 72 accommodation units, providing a solid foundation for immediate project continuation. In addition, there is remaining building capacity, allowing for a potential expansion of approximately 2,000 sqm, subject to the issuance of a revised permit.
Preliminary groundwork, including excavation, has already been completed, significantly reducing both development time and initial costs.
The plot enjoys a peaceful setting with a favorable southeast orientation, ideal for maximizing natural light and creating an exceptional living environment.
This is a compelling opportunity for investors seeking a ready-to-develop project in one of the Ionian Sea’s emerging destinations.
Exposures- East
- South
- East
- South
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
