Exceptional 7108 sq.m. Land in Vagia, Aegina – Ideal for Residential or Tourist Development

Pireas, Dimos Eginas, Vagia
For sale
385.000 € 350.000 €

A plot of approximately 7,108 sq.m. that offers an excellent investment opportunity for residential development or tourist exploitation.
Building Capacity
According to the current urban planning terms:

Total building permit: approx. 655 sq.m.

Maximum allowable height: 7.5 m.

Possibility of construction up to 2 floors (Ground Floor + First Floor)

Allowed roof up to 1.5 m.

Building Calculation

400 sq.m. for the first 2,000 sq.m.

Additional 255 sq.m. for the remaining area

Total building capacity of approximately 655 sq.m.

Segmentability
The property can be divided into 3 independent plots of approximately 2,369 sq.m. each, offering:

optimization of residential exploitation,

development of multiple luxury residences,

restriction of co-ownership,

a significant increase in the total buildable area.

After the subdivision, the total building capacity for houses can reach approximately 1,250 sq.m.

Tourist Use
The property is also ideal for:

boutique hotel,

tourist villas,

luxury hospitality residences,

high-end short-term lease investment.

For hotel development, maintaining the plot as a single property is considered particularly advantageous.

Key Benefits

Large land area

Strong investment outlook

Suitable for residential or tourist development

Possibility of segmentation and surplus value

Ideal for luxury residential development or high-end hospitality projects

Category
Plot
Sq. m.
7108
Area
Vagia
See other real estate sales in the Plot category
Characteristics
  • Property code:
    14967462
  • Category:
    Plot
  • Area:
    7108m2
  • Price:
    385.000 € 350.000 €
  • Location:
    Pireas, Dimos Eginas, Vagia
  • Structure factor:
    80
  • Distance from the sea:
    170 μ meters
  • View

Map

Are you interested in viewing this property?

Click the red box "I am interested in viewing this property", fill in your details, sign in the box, and click submit. The cooperating real estate agency will contact you shortly to arrange an appointment. For more information, call us now at +302102205676 or +30 6944 870 180.

I am interested in viewing this property
Order to Indicate Real Estate
×

** I hereby declare that the above information is true, accurate and corresponds to my personal details. I assume full responsibility for its correctness and acknowledge that the submission of false or inaccurate information may result in the applicable legal consequences.

The present email also serves as a directive to indicate the purchase of the property I am interested in, which is being presented to me for the first time by you, the real estate agency «RE1», and which has never been shown to me by anyone else. In the event of a purchase in my name or in the name of any member of my family, or in the name of my partner or associate, or by a company of which I am a member, and which concerns the aforementioned property in whole or in part, I am obliged to pay the brokerage fee of 2.48% including VAT, based on the stated price, which I consider reasonable and not excessive, and I waive the right under Article 707 of the Civil Code to request a reduction from the court, and will pay on the day of the contract. I also acknowledge and accept that this directive is indefinite, and the aforementioned real estate agency may also act on behalf of the counterparty.

I also declare that I have been informed that my agent, in accordance with European Regulation 679/2016, maintains my personal data and I consent to any form of communication between us. The real estate agency «RE1» bears no responsibility for anything that may happen in the future after the purchase of any of the aforementioned properties. The contracting parties agree that for the resolution of any dispute that may arise from the interpretation or execution of this contract, the Courts of the Heraklion Crete First Instance Court have jurisdiction.

This directive is valid via email, and I have received a copy of this directive in my email.

Signature
Clear signature