Historic Beachfront Estate & Development Opportunity – Nikiti, Sithonia

A Beachfront Estate with a Distinguished Greek Legacy
Beyond its exceptional beachfront location and development potential, the estate carries a remarkable family heritage.
The property has been the private seaside estate of the Boutari family, one of Northern Greece’s most established and historically
significant entrepreneurial families, internationally associated with Greek winemaking and viticulture.
The main residence, built in 1970 in traditional Greek architectural style, was conceived as a private family retreat on the shores of Sithonia
— at a time when Halkidiki remained largely untouched by the tourism development that would follow in subsequent decades.
Set amid extensive mature gardens and with direct access to approximately 96 metres of uninterrupted beachfront, the estate retains the
atmosphere of a genuine Mediterranean family compound: discreet, private and deeply connected to its natural surroundings.
Its mature landscape — including approximately 96 olive trees, some believed to be more than 200 years old, citrus trees, palms and pines
— further reinforces the property’s sense of permanence and provenance.
Today, the estate represents an opportunity not simply to acquire prime beachfront land, but to become the next custodian of a property with
more than half a century of private family history.
With approximately 15,623 sq.m. of land, existing residences, extensive landscaped grounds, sporting facilities and significant development
potential, the property offers a compelling combination of heritage, privacy and future potential.

The estate comprises two plots with a combined land area of approximately 15,623 sq.m.

Plot A – 12,105 sq.m.
Potential for the development of a private residence of approximately 250 sq.m., or, subject to applicable planning regulations and approvals, a
hospitality development estimated at approximately 2,500–3,000 sq.m.

Plot B – 3,518 sq.m.
Potential for the development of a private residence of approximately 250 sq.m., subject to applicable planning regulations and approvals.
Depending on the final architectural and planning configuration, additional underground areas and certain ancillary spaces may provide further
development potential, subject to confirmation by the relevant authorities and technical advisers.

Existing Estate
The property currently features a 158 sq.m. traditional Greek residence, originally constructed in 1970, together with a separate staff house,
storage areas and workshop facilities.
The extensive private grounds have been carefully landscaped and include mature Mediterranean vegetation, creating a naturally secluded
environment directly beside the sea.

The estate offers an unusual range of private recreational and agricultural amenities, including:

Private tennis court
Private golf practice facilities, including an approximately 110 sq.m. artificial putting and chipping green and driving range
Private borehole providing an independent water supply
Approximately 96 mature olive trees, some reportedly over 200 years old, allowing for private olive oil production
More than 20 citrus trees
Mature palm and pine trees
Extensive landscaped gardens
Direct private access to the beach

Investment Potential
With its substantial landholding, direct beachfront position and proximity to Nikiti, the property represents a compelling opportunity for either the
creation of an exceptional private waterfront estate or the development of a boutique luxury hospitality concept.
The combination of approximately 15,623 sq.m. of land, 96 metres of uninterrupted beachfront, mature landscaping and potential
hospitality development makes this a particularly rare opportunity on the Sithonia coastline.
Location: Nikiti, Sithonia, Halkidiki, Greece
Total Land: approx. 15,623 sq.m.
Beach Frontage: approx. 96 m
Road Frontage: approx. 64 m
Distance from Nikiti: approx. 1 km
Thessaloniki International Airport: approx. 90 km
Potential Use: Private Estate / Luxury Villas / Boutique Hotel / Hospitality Development