New Real Estate Development in Meganisi, Greece

Meganisi

Meganisi is located next to Lefkas in the Ionian Sea. With an area of 22.4 square miles, 1.090 residents and 30 kilometer coastline thanks to its shape with numerous fjords and safe natural beaches it is known as an off-the-beaten-track
destination which becomes more popular every year. Only the northern part of the island is being inhabited, having three villages: Spartohori, Katomeri and Vathi.

The closest airport is located in Aktion/ Preveza and is in one hour drive from Nydri, the small port town of Lefkada where the ferries to Meganisi depart from. There are three-to-four ferries per day from Nydri to the two ports of Meganisi, Spartohori, and Vathy. Ferries from Nydri to Meganisi depart all year round and the trip takes about 20 minutes. The private marina Odysseas at Vathy offers a complete range of amenities and services for yachts up to 100 feet.

Unique location & features

Our land has a surface of 12.000 m2 and is approximately two kilometers away from the village of Spartochori. The plot has a unobstructed view to Scorpios island and Lefkas, as well as easy access to the beach-front. The land has a large front western facade of 198 meters in front of the road and beach front. It has a smooth slope of 27 meters height allowing the amphitheatrical placement of the villas.
The plot of land for Elements is a total area of 12000,00 m2,which is to be divided into four equal parts of 2947,60 sqm approx., in which each villa will have it’s exclusive space. Each high end villa, will comprise of 380-400 m2 with ground floor, first floor, basement, private pool, parking space and exclusive use of garden.
The villas will have privacy, exclusive space, orientation towards the view and and adjustability to the landscape and to its stunning urroundings..

Investment potential

The area is poised to experience a strong rise in property prices due to the proximity to the island of Scorpios and due to the increasing interest of high-end buyers to invest in the island of Meganisi.
According to the following article at “www.newmoney.gr“ Sotheby’s Greece completed some purchases of properties at Meganisi that are really impressing. In one case a villa of 245 m2 was sold to a 50 year old buyer from Slovakia last February for 4,1 million euros, which counts for 17.734 euros per m2 . One month later a semi-excavated villa was sold for 5,4 million euros to a 55 year old buyer from London, price which counts for 14.000 per m2.