€ 650.000

5* boutique hotel project for sale in Folegandros

Share:   Property ID: 1438

The project

Located on a natural reserve and bird sanctuary, the Resort will be the only hotel allowed to be built outside the main island villages. (A new zoning law, Natura 2000 just went into effect to protect the area of the island outside the main towns, no longer allowing hotel developments)

The Resort will be completely eco-friendly using sustainable resources to preserve the island's natural ecosystem.
- Renewable Energy Systems:
Solar/PV panels to produce
energy & for heating water.
- Biological cleaning sewage
systems to recycle water waste
- Collection of rain water.
- Use of electric cars and bicycles
- Organic Farm on site:
Partnerships with local farmers

The land is set in the most amazing authentic natural setting on 3.5 acres at cliffs edge, full sunset views, facing south, with views of Santorini, Crete and Milos.

Project Highlights

- Land Size: 12,800 Sqm
- Resort Size: 1,500 Sqm
- Accommodations: 47 Guests
- 4 Luxury Villas (2&3 Br),
- 6 Luxury townhouses (1 Br)
- 8 Resort suites
- Category: 5-star eco-luxury resort
- Location: South side of the island on edge of cliff,
- a short drive from town & beaches
- Views: Aegean Sea/ Sunset/ Santorini, Milos & Crete

Permit Status:
- Completed land acquisition (12,800 sqm)
- Completed all permits and architectural drawings (1,500 sqm resort)
- Archeology & Byzantine Permits
- Local Authorities Permits
- Forestry Permits
- Environmental Permits
- EOT Permits (Hotel feasibility & Approval of Architectural Plans for 5 Star Rating)
- Building bureau permit submittal, initial pre-approval of project

The legal structure under the Greek Law as an LLC which hold the project exists.

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Demeures de Grece, your first class real estate agency based in Athens will assist you in finding more Greece Real estate for sale. Search our listing to scan properties for sale, homes for sale, villas for sale and lands for sale in all Greece. Our real estate agency covers the Cycladic islands of Kea, Andros, Paros, Mykonos, Kythnos and Tinos; the Saronic islands of Aegina, Hydra and Spetses; the Ionian islands of Corfu and Zakynthos and the island of Crete. Contact now Demeures de Grece, Greece Real Estate agency, to find your dream home.
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