(For Sale) Land Plot || Cyclades/Mykonos 12.475 Sq.M, 1.200.000€

The land consists of 4 consecutive plots. The land overlooks the beach of Elia and has a South orientation.
Part of this land is located in an area where construction is not permitted.
The remaining part of the area which is 6,924 sq.m. is located in an area in which the construction that is permitted, is (one of the following):
-Hotel 1,040 sq.m with additional auxiliary spaces. OR
-Residences 280 sq.m. Due to the slope of the ground, additional square meters can be constructed so that the total construction of residences is approximately 500 sq.m.
The land is suitable for private residences or tourism holding.