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Agent Details

Ktimatoemporiki Real Estate

Ktimatoemporiki Real Estate

Chania, Chania, Ταμπακαριά


Personal Information

Contact Number

+302821056600

G.E.M.I Number

ADS2342344

Telephone Number

6995554195

Huge Beachfront Investment Land for sale in Peloponnese. ID Pe3-2755

Ilia, Greece

€10.000.000

Description

Huge Beachfront Investment Land for sale in Peloponnese. This expansive land for sale is located in the rapidly up-and-coming area West Coast of Peloponnese which is now transforming into an international tourist destination. Measuring a total surface of 261.000sqm, this vast expanse offers a prime seafront location with a stunning 300m frontage on the sandy beachfront. It consists of two adjacent plots, a seafront one that covers approximately 212,000 sq.m., and an adjacent one which is inland and spans around 49.000sqm. The area boasts huge tourist development potential, with notable resorts such as Costa Navarino, Aldemar, and Grecotel Kyllini already in place. High-end apartment hotels, five-star seafront resorts, and luxury villas are being developed in the vicinity, making it an ideal investment opportunity. Apart from its incredible sea views, this property also offers breathtaking sunsets, further enhancing its allure. The beachfront mainly features a gross area of 212,353.04 sqm, with a net area of 183,712.74 sqm. It is conveniently situated next to the coast, with municipal roads bordering it to the east and south. To the west, a 300-meter sandy beach with dunes and vegetation adjoins the plot, creating a unique oasis. The smooth topography ranges from an elevation of approximately 2m to 10.50m, and the plot also benefits from its own water drilling, ensuring sufficient water supply along with access to electricity and public water supply. The second plot covers an area of 48,974.31sqm and is adjacent to municipal roads on its west and south sides, while agricultural properties border it to the east and north. The topography is also smooth, with an elevation ranging from around 10.50m to 14m. This plot offers a variety of land use options including tourism, residential development, restaurants, sports centers, commercial buildings, beach bars, playgrounds, greenhouses, and agricultural warehouses. The property has already obtained the necessary approvals for resort development on the beachfront, with a Preliminary Environmental Impact Assessment (PEIA) in place for the construction of a 5* Hotel & Spa resort. The resort's total buildable area is projected to be 37,270 sqm, offering a capacity of 1,100 beds. The second plot presents opportunities for additional residential real estate development, either in conjunction with the resort or as independent private residential units. With its prime beachfront location, huge development potential, and various land use possibilities, this land for sale is an exceptional investment opportunity for developers and investors seeking to capitalize on the growing tourism market in the region. Huge Beachfront Investment Land for sale in Peloponnese Location Information: The municipality of Elis was established after the merging of the pre-existing authorities of Amaliada and Peneia. It covers 401,9 sq. km, has got 19 municipal districts and a population of around 32,000 (2011 census). It is the biggest municipality in northern Elia. History, culture and nature are omnipresent in all parts of the municipality, inviting visitors to discover all the beauties in every detail. Amaliada is the administrative centre. It is an attractive, modern city which through the non-stop implementation of improvements and restorations has become one of the greenest and most citizen-friendly towns in the Peloponnese. Ilia, also well known as Elis, features a unique history and a great present to explore. The area was the place where great myths were developed and where Olympia, the birthplace of Olympic Games is located. This little known region in the Peloponnese is your launchpad for golden beaches, spas, trekking and fun-packed holidays. A long coastline embracing the western side of Ilia, with the wonderful waters of the Ionian, can turn your summers into a dream – leaving you wanting just that little bit more of those golden rays and limpid seas. The unique natural landscapes boast a variety that never lets up: scenes change as if nature were performing a medley of all her greatest hits. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.

Detailed Information

Category

Land

Prefecture Name

Ilia

Municipality

Peloponnese

Location

Ilia

Address

Ilia, Greece

Property For

For Sale

Subcategory

Land

Plot Size

261000.00 m²

Price

€10.000.000

Maintenance

Contact agent for pricing

Security Deposit

Contact agent for pricing

Brokerage

Contact agent for pricing

Price Duration

Monthly

Calculate Financial Summary

Monthly Payment

40.295

Principal Amount

3.250.000

Total Interest Payable

1.585.442

Total Amount Payable

4.835.442

Payable Breakdown

Principal

67%

Interest

33%

This is an approximate calculation. Actual monthly payment values may vary depending on the lending institution.