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Plot for sale
€850,000
|
€131 per sqm
sqm
6509
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Zante Hospital Hospital is located in the neighborhood
Property surroundings
This property is close to the sea.
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Property description
A plot of land measuring 6,500 sq.m. in the Tragaki area, located in a place that combines natural beauty with a serene atmosphere, while also experiencing development in recent years. The area offers seclusion and growth, with investments enhancing the property's value. The plot is situated in a prime location, just 600 meters from the nearest beach, allowing easy access to the sea. This short distance makes the property attractive for investments, as the nearby beach is one of the area's tourist assets. The plot is within a settlement and has a 71.71-meter frontage on a main road, ensuring accessibility and facilitating the construction and operation of any type of project. Its prime location allows for easy connection to the area's main infrastructure while offering privacy and direct access to local amenities and attractions. The building potential amounts to 400 sq.m. for residential use, and this capacity increases for hotel or other commercial use. The plot's size, location, and large building potential make it ideal for various development options. Luxury Villa Construction: The location and sea access make the plot suitable for building luxury holiday homes, which could be rented out as high-standard villas to tourists or used as permanent residences. The demand for luxury accommodations makes this option appealing. Hotel or Tourist Accommodations: The tourist growth in the area offers potential for the construction of a small to medium-sized hotel, which could meet the demand for quality accommodations. The plot offers space to create a facility with modern amenities, serving the number of visitors arriving in the area every year. The tourist influx, especially during the summer months, supports the viability of such an investment. This plot presents an investment opportunity with enormous development potential. Its proximity to the sea, location within a settlement, natural beauty, and frontage on a main road offer advantages for anyone looking to capitalize on the area's dynamic growth. Whether for luxury residential development or tourist expansion, this property is an ideal choice for investors seeking to benefit from the tourism and growing market in Zakynthos.
Property details
sqm
6509
Price per sqm
€131
Property code
2-219
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Airbnb
A registration number can be issued and the property may be rented short term legally. However, if this property is actually used for the Greek Golden Visa route, it cannot also be used as a short-term Airbnb rental.
Golden Visa
This property meets the visa threshold for a high-demand area (Tier 1).
Disclaimer: This property assessment is calculated automatically from available listing data and is only an estimate. It does not guarantee actual eligibility or licensing outcome and should be verified with local counsel and the relevant authorities.
Airbnb
Short-term rental is allowed subject to AMA registration. Note: new Golden Visa properties in Greece are broadly barred from Airbnb.
Golden Visa
The investment threshold is EUR 800,000 for a single property of at least 120 sqm. Long-term rental only (no Airbnb).
Disclaimer: Regional information is indicative only, may change, and should not be treated as legal, regulatory, tax, or investment advice. Please verify with the relevant authorities.
Key metrics
New price per sqm
-
Used price per sqm
€1,915
Monthly rent
€792
Gross yield
5.12%
Municipality of Zakynthos is a municipality with an area of 406.1 sq km. Average used price per sqm is about €1,915 with a gross yield of 5% On GREI there are 201 properties for sale in Municipality of Zakynthos from a wide range of local agencies.
Similar opportunities
Price list for municipality Municipality of Zakynthos
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
-
€12
40-64
€1,737
€8
65-89
€1,805
€6
90-119
€1,804
€7
120+
€1,937
€5
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.