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Residential Development for sale

Greece - Ionian Islands, Corfu

€15,000,000

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Call: 03339 396012
  • Description
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Key features:

  • 32 hectares seaside property
  • Hillside verdant property, facing east
  • Uninterrupted views across the sea
  • 650m beachfront, blue flag listed beach
  • Excellent development potential

Full description:

This property offers a unique opportunity to acquire 32 hectares seaside property in Corfu, Greece. The property includes all the private lands surrounding a cluster of historical buildings, including a medieval tower, house, church, and olive press (all part of a medieval baronial estate). The expansive land plot includes at least 2600 olive trees, Cypress trees, fruit trees, wild flowers, and other lush vegetation, while a private road leads from the top of the property down to the beach and the main road. The property faces the sea on the east and includes natural forest buffers on both sides of the land.

FURTHER INFORMATION
The 320,000 sq.m. land, situated on an east-facing slope, reaches the sea and has a beach front of approximately 650m. The land generally consists of limestone covered by a thin layer of earth and is rich in vegetation, including olive trees, cypress trees, and fruit trees. The limestone may be harvested during excavation, and used for stone walls and buildings throughout the future development. Part of the land has been defined as Forest area, covering a total of approximately 95,000 sq.m. and is split into two parts: one strip on the southern boundary, and a second strip along the western boundary. These areas of indigenous woodlands, in addition to the coastline, act as natural buffer zones around the estate. The site also offers the possibility for the development of a marina.

There are two options for the future development of the plot. The hotel/commercial option offers the highest possible building density, with a building coefficient allowing a total floor area of a maximum of 20% of the land area. The construction may have a maximum footprint of 10% of the total land area. The hotel/commercial complex may be a combination of main hotel buildings and independent villas, bungalows and apartments, plus entertainment, retail, restaurants, bars, etc. Alternatively, the land could be divided into a number of smaller plots, each with an individual house/villa that could be sold with individual freehold.

LOCATION
A much celebrated destination, Corfu offers exceptional natural beauty that captures the essence of Greece’s uniqueness and at the same time offers something utterly new. This uniqueness has made Corfu one of the most seeked after investment locations in Greece and in the world. Corfu is very easily accessible: The Ioannis Kapodistrias International Airport is located around 3 km south of Corfu town, offering prompt aerial access from Europe or anywhere in the world. The island is connected to the mainland with traditional ferry services and hydrofoils. Corfu also offers many ports for ships and yachts’ safe mooring, with fully equipped marinas and hidden bays welcoming all kinds of leisure boats. St. John of the Doves is located on the lush island of Corfu, in the Ionian Sea, between Italy and mainland Greece. The estate is on the east coast, on a main road, and sits in an ideal location close to many beaches, resorts, and restaurants. A world class marina has been approved to be built close to the property.

DIRECTIONS
- 19 km from Corfu town and port
- 17 km from Corfu International Airport
- 5 km from the future Marina
- 0-700 m from the beach (maximum distance)

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Corfu (INTERNATIONAL), 13.1 miles
  • Aktion (INTERNATIONAL), 78.3 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Savills Hellas Ltd, Greece

Savills, 64 Louise Riencourt Str., Athens, Greece
03339 396012  Local call rate
About Savills Hellas Ltd, Greece

About Savills

Savills plc is a leading international property services company with a full listing on the London Stock Exchange. The company has undergone dynamic growth in recent years establishing itself as a powerful player on the international stage with offices and associates throughout the UK, Europe, Asia Pacific and the US.

Savills Hellas Ltd. is one of the leading property services company in Greece. As of 1st May 1997, the Company is a full member of the Savills International Network. Savills Hellas Ltd. has undergone dynamic growth in previous years establishing itself as a powerful player on the local and regional property scene. Savills Hellas advises clients on commercial, residential, hotel and leisure properties. The team of the Greek office provides advice and support to help companies and investors to maximise the benefits and efficiency of their property investment.
We have extensive knowledge of both Greek and Balkan real estate issues coupled with advisory and implementation skills. Our services are focused on valuation and advisory services of all types of properties including residential properties (first and second homes), hotels, theme parks etc.


Disclaimer

This is a property advertisement provided and maintained by Savills Hellas Ltd, Greece (reference 611) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Savills Hellas Ltd, Greece

Savills, 64 Louise Riencourt Str., Athens, Greece
or call 03339 396012
Calling from outside the UK? 00302106996311

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