Prime 20,000 sqm Development Opportunity in Meganisi


Property

Website:https://www.nestseekers.com/5427454
Address:
Meganisi 310 83
310 83
Greece
Ownership: Building Land
Type: Hotel
Bedrooms: 72 BR
Area: 2000 m² (21528 sq ft)
Lot Size: 20000 m²

Financials

Price:€1,380,000
($1,612,900)

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

Contact

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Lazaraki 37, Glyfada (16675), Greece.

Meganisi 310 83, Greece