Privileged large plot of land for sale

Privileged large property consisted of four different adjacent plots with a total surface of approximately   21.000 sqm in a rural area in Litsarda, Apokoronas. Situated in a green scenery , all four plots have distant unobstructed  views to the sea and magnificent panoramic views to the White Mountains. Water and electricity supply as wells as internet provision are only meters away from the land.

Key Features :

• Availability of ground water
• Access through wide road for all plot
• Legal storage on Plot 1 that can facilitate the technical works during the development period

Building Density: Each plot has a facade of more than 25m on a recognized agricultural road and building density of 200sqm which means that the property in total has a building density of 800sqm.Basements and external amenities (swimming pools, parking areas, other facilities etc ) are not included in this building capacity.

Plots

• Plot 1: Size 4.827 sqm
• Plot 2: Size 4.367 sqm
• Plot 3: Size 5.020 sqm
• Plot 4: Size 6.765 sqm
• Total land surface : 20.979 sqm

Location : Whilst still remaining relatively private, the plot is situated near the the Vamos- Litsarda  main road only few minutes walking from the historic village of Litsarda and ten minutes drive from the well known large village of Vamos,  offering supermarkets, schools, restaurants, public services etc.

Investment Opportunity: Because of its size and characteristics, the plot can acquire permission for developing a hotel accommodation or a gated community project using a building density of more than 2.000sqm. It should be mentioned that investment projects with total budget € 25,000 – € 400,000 such as

• Accommodation facilities including hotels with a 10 to 50-room capacity
• Hotels within a traditional accommodation network
• Furnished villas
• 3- or 4-star rooms to let

are supported by the Partnership Agreement  2014-2020 (ESPA) in order to strengthen the implementation of investment plans for the creation of a new tourist business by SMEs in specific areas of tourist activity and alternative forms of tourism, with rural tourism among those. For bigger projects the New Development Law is also an option with funding that reaches 40% of the total budget of the investment. 

Definitely a rather interesting property with competitive advantages, offering alternative options for exploitation and challenging perspectives.