Andros, Aegean 845 01

Reference: FMTB-T873. This expansive and unfinished hotel complex on the island of Andros presents a unique opportunity for development in a burgeoning seaside locale. Located just 3.5 kilometers from the popular tourist resort of Batsi and a mere 400 meters from the beach, the property is set on a generous 5,000-square-meter plot outside the settlement boundaries. Its elevated, amphitheater-like design affords breathtaking, unobstructed views of the pristine Kypri beach. The property, which includes a total built area of 960 square meters, is currently in the skeletal stage of construction. The design incorporates five distinct buildings, each awaiting the final touches to complete their transformation into a fully operational hotel. The project benefits from a construction permit allowing for a 20% coverage of the plot. The central building, a key feature of the complex, boasts a 100-square-meter main area, complemented by 60 square meters of terraces and a substantial 160-square-meter ground floor that links internally and externally via stairs. This building is presently at the plastering stage, ready to become a focal point of the complex. Additionally, the complex includes a range of other structures. One building is planned to house six studios, each measuring 30 square meters, along with 30 square meters of auxiliary space. Another building will feature ten studios, also 30 square meters each, with an additional 30 square meters of auxiliary space. A third building mirrors this design, while the final structure will accommodate three more studios of 30 square meters each. The property benefits from an indefinite construction permit and is enclosed by a sturdy perimeter wall. Essential utilities such as a well, electricity, and a telephone line are already in place, enhancing the sites readiness for further development. The corner location and stunning views position this complex as a prime candidate for significant investment, offering immense potential for those looking to capitalize on the islands growing tourism sector. Athens - Thessaloniki - Cyclades - Rhodes - Crete Monica Seferovic