PAROS - SOTIRES
Property Code: 534658
Exceptional Investment Opportunity in Western Paros A unique 209.319 sq.m. landholding for sale in Western Paros, offering breathtaking panoramic views across the West Aegean Sea. Antiparos takes center stage, surrounded by Sikinos, Folegandros, Milos, Kimolos, Sifnos, Serifos, while on exceptionally clear days the views extend as far as Kythnos, Kea and Syros. The setting is truly remarkable and offers an ever-changing spectacle of the Aegean, making this an exceptional opportunity for investors seeking a distinctive property in one of Greece’s most sought-after destinations. The estate enjoys an ideal location between Parikia, just 5,5 km away, the airport, just 5 km away and the picturesque village of Alyki, 6,5 km away, offering an excellent selection of restaurants, beautiful sandy beaches and local shops. It embraces the slopes of a hill above the beautiful Butterfly Valey and comprises eleven large, adjoining land parcels, all benefiting from valid building permits. Each individual plot has frontage onto a dirt road, while the average terrain gradient ranges between 15% and 20%. According to the existing building permits, the property has been designed for the development of 48 single-storey residences of approximately 100-120 sq.m. each, all enjoying exceptional panoramic views towards the Aegean Sea and the sunset. A dedicated internal road network has also been planned within the estate and approved by the local planning authorities, providing access to all residences through gently sloping roads and ensuring a well-organized overall development. The public electricity and water networks are located approximately 1 km from the property, while there is also the possibility of drilling a private water well. A truly exceptional investment opportunity, combining a remarkable scale, approved development potential, spectacular Aegean views and a privileged location in Paros. An ideal proposition for serious investors seeking to develop a distinctive residential project in one of the Cyclades’ most desirable destinations.
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| Distance from the sea (m) : | 7500 |
| Depth : | 380 |
| Zone : | Outside the zoning area |
| View : | Unlimited, Panoramic |
| Position : | Corner, Double frontage, Facade |
| Noise : | Quiet |
| Building width : | 500 |
| Building : | Yes |
| Enclosure : | No |
| Facade street : | Dirt road |
| Building existence : | Yes |
| Building(s.m.) : | 5159 |
| Building permission : | Yes |
| Good condition : | Yes |
| Building height : | 4.5 |
| Number of facades : | 4 |
| Drilling : | No |
| Slope : | Incline, Amphitheatrical |
| Urban condition : | Outside the zoning area |
| Structure factor : | 0.02 |
| Cover factor : | 0.02 |
| Energy Class : | F |
Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500
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