Seafront Development Land With Approved 5 Star Resort Permits
8.41 Ac lot
53
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About the Property
A truly exceptional investment opportunity on the unspoiled island of Meganisi, one of the Ionian Sea’s most exclusive and fast-emerging luxury destinations.
This unique offering comprises two adjoining land plots with a combined area of 33,993.94 sqm, occupying an elevated amphitheatrical position just minutes from the picturesque harbor of Vathy. The property enjoys uninterrupted panora
A truly exceptional investment opportunity on the unspoiled island of Meganisi, one of the Ionian Sea’s most exclusive and fast-emerging luxury destinations.
This unique offering comprises two adjoining land plots with a combined area of 33,993.94 sqm, occupying an elevated amphitheatrical position just minutes from the picturesque harbor of Vathy. The property enjoys uninterrupted panoramic views over the Ionian Sea, Vathy Bay, and the iconic island of Skorpios, while its privileged orientation provides spectacular sunsets and complete privacy.
The asset is offered with fully approved building permits for the development of a luxury 5-star hospitality resort, significantly reducing development risk and allowing immediate project execution. The approved concept includes 53 accommodation units (146 beds), private villas, suites, multiple swimming pools, a restaurant, wellness facilities, and sports amenities, while only utilizing part of the property’s total development potential. The site allows for a maximum buildable area of 6,118.91 sqm, providing substantial flexibility for expansion, branded residences, or an alternative luxury hospitality concept.
One of the property’s most distinctive advantages is the possibility of developing a boutique private marina, creating a rare yachting-oriented destination in one of the Mediterranean’s most sought-after cruising regions.
Meganisi has rapidly gained international recognition as a discreet luxury destination, attracting high-end tourism, yacht owners, and significant international investment, while preserving its authentic Greek island character. Its close proximity to Lefkada and Aktion International Airport ensures excellent accessibility without compromising exclusivity.
This is a rare opportunity to acquire a fully permitted development site in one of the last truly authentic Ionian island destinations, offering immediate development readiness, exceptional natural beauty, and outstanding long-term investment potential.
Terragaia is a luxury real estate company based on the idyllic island of Meganisi, in the heart of the Ionian Sea.
Terragaia is a luxury real estate company based on the idyllic island of Meganisi, in the heart of the Ionian Sea. We specialize in premium properties and plots that blend natural beauty, refined architecture, and exceptional privacy.
Our portofolio includes exclusive villas, coastal estates, and high-value plots, offering unique opportunities for private residences, investment project, and bespoke developments.
At Terragaia, we are committed to deliver consistently high level of service, transparent communication, and reliable guidance throughout the entire real estate process. We are focused in providing trusted expertise, strategic insight, and access to premium properties and plots opportunities. We provide tools for confident and well-informed decisions every step of the way.
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First listed
Jul 14
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