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Sigri Property Hotel Development Site Next To The Sea .:. Land Only .:. Sappho Estate Skala Eressos Lesvos Island (Lesbos) Property Listing .:. Real Estate Agent Skala Eressos Greece Search Listings

Sigri . Land Only . Hotel Development Site Next To The Sea

Price: Call For Price

Town / City: Sigri
Prefecture: Lesvos Island
Country: Greece
Area Code: 81102
Building Surface Area m˛: 3.900
Residential Area: No
Total Lot Size m˛: 16000
Physical Condition: Renovation & Development
Floors: N/A
Basement: N/A
Living Room: N/A
Bedrooms: N/A
Bathrooms: N/A
Study / Office: N/A
Kitchen: N/A
Electricity: Possible
Water: Possible
Telephone: Possible
Status: For Sale

Full Description: A 5 star opportunity to buy a magnificent front line building plot for the development of an exclusive, sequestered sea-side hotel on the island of Lesvos in the Northern Aegean.

The plot’s size, its proximity to the sea, secluded location and boat moorings offers a superb and increasingly rare investment scenario.

There is a burgeoning demand for higher quality accommodation on Lesvos . New laws on Lesvos now stipulate a minimum plot size of 15,000 m2 for hotel development.

If developed as a complex of shared-ownership luxurious condominium style suites, a very high return could be achieved.

The plot measures 16.000m2 and would support a hotel of 3,900m2 on two floors plus a semi-basement the same size as the ground floor. The total build area would therefore be in the region of 6,000m2.

The land’s natural, gentle topography optimizes building costs for such a development. There would be ample room for swimming pools, tennis courts, parking and perhaps a helipad. Also there is the opportunity to develop an entertainment area (artificial beach, pool, taverna, bar etc.) at sea level with "private" moorings, a landing facility and secluded fishing.

The site occupies an elevated position some 30 metres above the sea and slopes gently toward the sea with which it boarders on two sides. A strip of rocky land lies between the property and sea. This strip of land cannot be built upon so the wonderful views toward the sea from the land’s elevated position cannot be compromised by future development.

The vendor holds certificates which confirm that the land is neither “forestry” nor of any archaeological interest and thus can be developed.

The vendor holds clear and unequivocal title to the land. Electricity runs along the northern boundary of the site. The mains water supply is only 200m away.

Property Features
  • 200m from seaside
  • Sea View

Community Features
  • Bars/Restaurants
  • Bike Paths
  • Central Square (Plateia)
  • Doctors Office
  • Fishing Harbour
  • Mini-Market
  • Public Transportation
  • Walking Trails

Listed by Ioanna Savva
Phone: +302253052333
Mobile: +306972502630
Fax: +302251500301

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