Turnkey Beachfront Villa or Hotel* Development with Permit and Contractor in Place, Meganisi

Set directly on Agios Ioannis Beach, one of Meganisi’s most iconic stretches of coastline, this completed villa project offers the rare opportunity to acquire a 9,053 sqm beachfront plot with valid permits, an established contractor and a clear route to delivery of a fully finished private residence.

This is not simply a land acquisition. The purchaser will secure the plot, the existing planning framework and the completed build of a luxury Ionian villa, delivered by an appointed contractor through an agreed development structure. The guide price for the completed project is €4.85M, with an estimated construction timeline of approximately two years and a milestone-based payment structure aligned to documented progress on site. *For a change in permits, a hotel development is possible. This permit could be upgraded to ahigh-end boutique hotel with 15 luxury suites/apartments, all with full sea views and direct beach access, with selected units offering private pools. Additional revenue potential includes a beachfront restaurant/lounge, licensed beach commercial use, and an obtainable private pontoon license for speed boats arrivals and VIP sea access

The approved residence has been designed to maximise its extraordinary beachfront setting, with approximately 465 sqm of main living space, a further 290 sqm basement level and a 115 sqm swimming pool. The villa will sit within a substantial private plot, offering direct beach access, uninterrupted Ionian views and the potential for private sea access, subject to final licensing.

The proposed home is arranged across multiple levels and designed as a private Mediterranean retreat, combining generous entertaining spaces with six bedroom suites, extensive outdoor terraces, a large swimming pool and dedicated wellness and leisure areas.

The ground floor is centred around elegant open-plan living, with a formal dining area, kitchen, main sitting room and an internal atrium that brings natural light and architectural interest into the heart of the home. Two guest bedroom suites are positioned on this level, offering comfort and privacy for family or visiting guests.

The upper levels provide four further bedroom suites, arranged to capture the natural beauty of the site and the surrounding sea views. These rooms create a calm private retreat above the main living areas, ideal for a family residence or high-value seasonal rental.

The basement level adds a substantial lifestyle dimension, with space planned for a gym, wellness area, storage, service functions and additional bathroom facilities. This level allows the completed villa to operate as a true private estate, with the practical and leisure space expected of a high-end coastal residence.

Outside, the property is designed around the 115 sqm swimming pool, landscaped terraces and direct connection to the beach. The scale of the plot allows for privacy, generous outdoor living and a natural flow between the villa, the pool and the Ionian Sea.

Meganisi is one of the Ionian’s most private and quietly exclusive islands, positioned just minutes from Lefkada and close to the legendary island of Skorpios. With turquoise bays, sheltered coves, yacht access and very limited prime beachfront inventory, the island continues to attract international buyers seeking privacy, beauty and long-term value.

This is a rare opportunity to acquire a Golden Visa eligible beachfront project in one of Greece’s most protected and naturally beautiful island settings, with the land, permits, contractor and completed villa delivery brought together in one structured acquisition.

Quick View Specifications:

Property Type: Completed beachfront villa project
Location: Agios Ioannis Beach, Meganisi, Ionian Islands, Greece
Guide Price: €4,850,000
Plot Size: 9,053 sqm
Main Internal Living Space: Approximately 465 sqm
Basement: Approximately 290 sqm
Swimming Pool: Approximately 115 sqm
Bedrooms: 6
Bathrooms: 6 principal bathrooms/en-suites plus additional basement bathroom facilities
Reception Rooms: Open-plan sitting room, dining area and kitchen
Additional Rooms: Atrium, gym/wellness area, storage and service areas
Outdoor Space: Beachfront terraces, landscaped grounds and direct beach access
Sea Access: Private pontoon potential, subject to licensing
Planning: Valid building permit in place
Delivery Structure: Plot acquisition, permits and completed build with contractor in place
Estimated Build Timeline: Approximately two years
Golden Visa: Potential Golden Visa qualifying investment, subject to buyer eligibility and legal advice