Voudia, Milos, Cyclades islands, Greece

Milos, Kontaros, property of 320 acres, with sea view, at a distance of 4km from the beach (it has two of the most important beaches and constitutes 2.5% of the total area of the island) and with easy access via the central road of the island. It is possible to use it with the creation of an Integrated Tourist Development Area (IPD) which allows the exploitation of the statutory building coefficient (0.05%) and consequently allows the realization of building constructions of approximately 160,000 square meters in addition to the accompanying auxiliary spaces of use (e.g. underground). The building structures as a whole may include, among others: hotel facilities, holiday homes for sale or time sharing at a ratio of 40% - 60%, recreational areas, tourist port, marina facilities, spa facilities tourism, fishing tourism facilities, alternative forms of tourism. The ownership and forest status of the estate is finalized and their final appearance is depicted both in the compiled and current National Land Registry and in the recently published Forest Maps. This property has all the necessary approvals that make it immediately transferable. Price: 20,000,000 Euros.