Plot for touristic investment in NAXOS Island [Greece]

Business Description

A plot with a surface of 180.000 sqm, ideal for the instruction of a tourism resort hotel and SPA, located within short distance of the beach. The area is one of the best locations in NAXOS, with a temperate climate over the year. The proposed purchase price is euro 5M.

Reason for Selling

Owners want to cash in

Legal Constraints

None

Key Financials

Additional Information

The plot is approximately 180.000 sqm. Buildings and resort establishments of approx. 17,000 sqm can be erected, while there remains abundant space for recreation activities and agricultural cultivation to form part of the resort ecosystem. A marina for mooring of pleasure yachts is also an option adding value. It could support recreational uses available to resort guests, local population and visitors.The buyer/ new owner of the plot and family is, through the purchase, eligible to acquire a Golden Visa enabling residence in Greece and unrestricted circulation to Schengen countries.

**Transaction types considered**
Sale and Purchase deed Hotel building contract and side documents thereto

Manolis Eglezos

Founder & Managing Partner
Manolis Eglezos & Associates