Where Legends Live – Greece

Jan 13, 2024

Coming Soon
List Price: $390,000
Global Investment Properties
 
Building Size:
2.52 acres
Lot Size:
acres

Own a Slice of Greek Paradise: Idyllic Land in the Land of Gods

Set against the breathtaking backdrop of the Chalkidiki Peninsula in Greece, this expansive 10,200 square meter (2.52 acres) plot of land presents a unique investment opportunity in the heart of Kassandra. Perfectly poised for residential and commercial development, the land offers the versatility to construct either two independent buildings or a larger, multi-purpose structure. With its recent topographical survey and clear status from both forest and archaeological perspectives, this land is primed for development.

Nestled in the picturesque location of Glyforeni, moments away from the village of Metohi and opposite Kassandrea, the capital of Halkidiki, the plot enjoys a strategic hillside position. It boasts dual access to two approved rural roads and is conveniently situated approximately one kilometer (0.62 miles) from the central Kassandrea Road. This pivotal road connects the vibrant town of Kallithea, known for its beautiful beaches, hotels, nightlife, and restaurants, with the serene beach of Siviri, a haven for relaxation enthusiasts.

The land’s proximity to the new National road dramatically reduces the travel time from Thessaloniki to Halkidiki. From this vantage point, you can enjoy stunning sea views on both sides of the peninsula. It’s a mere 55-minute drive from Macedonia Airport and about 65 minutes from Thessaloniki’s city center. The popular beaches of Kallithea and Siviri are just six kilometers (3.73 miles) away, offering a perfect blend of accessibility and tranquility.

The land is divided into three adjacent parcels totaling 10,200 sq.m. (2.52 acres), which can be unified through a simple notarial contract. This flexible arrangement allows for potential subdivisions, resale, or diverse development projects. With the ability to construct on a minimum of 4,000 sq.m. (0.99 acres), this plot offers the possibility of building two independent plots or a single large development.

The potential for this land is vast, as outlined by an engineer. Options include constructing two villas, each with up to 200 sq.m. of living space, additional semi-basement space, and an attic. Alternatively, the land is suitable for various business ventures, with coverage ranging from 10% to 70% depending on the activity. For example, a hotel unit may cover 20% of the total area, while a factory could cover up to 70%.

The desired selling price for this exquisite piece of land in Kassandra, Halkidiki, is set at a competitive $390,000 USD (approximately €362,700 Euros or £319,800 British Pounds), reflecting its prime location and vast development potential. This pricing t makes it an attractive opportunity for those seeking to invest in one of Greece’s most sought-after regions. Whether you envision building a luxurious private villa, a bustling hotel, or leveraging the land for agricultural purposes, this property represents a valuable investment in a location known for its natural beauty and Mediterranean charm.

Additionally, the plot represents an excellent investment property, especially in light of new laws favoring land on approved roads. These laws have rapidly increased land prices, making this property particularly attractive for development or investment purposes. The land also features a variety of trees, including olive and pine, adding to its appeal.

 

 

 

 

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