Terraced house for sale in Leof. Posidonos 66, Vari 166 72, Greece

£12,817,889 (€15,000,000)
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Terraced house for sale

Property description

Private greek island


Price: 15 million Euros
Price might change subject to rates

An incredible opportunity to acquire a private Greek Island. The largest island in the Alcyon Gulf in the Peloponnese region of Greece. This is the only island in this gulf that can be developed, as the Ministry of Culture has assigned the other islands in this cluster as part of the Natura 2000 conservation area, so there can be no building construction or any activity.

Easy fast access from Athens international Airport, Megara-Pachi local airport, nearby marinas, ports and cities with all modern facilities, health care and night life. Within a 60km radius of Metropolitan Athens area and 1.5 hours of Athens Airport. Potential for helicopter and hydroplane facilities and Marina or anchorage. Easy access to many Greek archaeological sites and recreation destinations.

Site area of 162 acres /650.000m2 and situated within the temperate zone with mild and pleasant climate throughout the year. Protected from the high seas with exceptionally low humidity levels suitable year-round tourist season. Set in a picturesque and tranquil environment and gentle terrain, boasting superb sea and land view, two large sandy beaches and many secluded coves, providing the perfect setting for housing and/or hotel and recreation/tourist development projects.
Potential for water desalination and renewable energy sources or power and water supply from mainland and five existing potable water wells.

This island plot has documentation confirming the ability to develop the Island in compliance with the Greek Laws and that the territory is clear from any restrictions by the forestry department and the archaeological departments of the Greek Ministry of Culture. Further documentation confirms clear ownership titles that follow the property from the 16th century, the permit to sell from the Ministry of Economy, and all the necessary documents required for a sale transaction.

Property location is approximate. Please contact the agent for further details.

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Hyde Park Agencies Ltd, W2 on +44 20 8115 5549 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hyde Park Agencies Ltd, and do not constitute property particulars. Please contact Hyde Park Agencies Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.