Discover a Prime Investment Opportunity on Corfu Island
Corfu, a jewel of the Ionian Sea, is renowned for its stunning landscapes, rich history, and vibrant culture. It’s a destination that attracts visitors from around the globe, making it a sought-after location for both holiday homes and strategic investments. Within this picturesque setting, a significant land parcel is now available, presenting a unique chance to develop a substantial project.
The Land Parcel: Size and Location
This offering features a substantial plot of land measuring 4451 square meters. The land is situated on the island of Corfu, a location that boasts well-established infrastructure and a steady stream of tourism. Critically, this territory falls within the city plan, a designation that significantly streamlines the development process and opens up possibilities for building. Being within the city plan means that the land is already zoned for development, and the necessary permits and regulations are likely to be more straightforward to navigate compared to land outside of urban or designated development areas.
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Infrastructure and Utilities
The property is equipped with essential utilities, a crucial factor for any construction project. It benefits from both a water supply and an electricity supply already connected. Having these services readily available on-site drastically reduces the initial setup costs and timeline associated with bringing a new development to fruition. Water and electricity are fundamental requirements for residential, commercial, or any other type of construction, and their presence on the land makes it immediately more attractive and feasible for investors and developers.
Building Potential
A key highlight of this land parcel is the existing building permission for an impressive 1424 square meters. This permission indicates that the local authorities have reviewed the plans and approved the construction of a structure of this size on the land. This substantial building allowance suggests a considerable scope for development, whether it be for a residential complex, a commercial enterprise, or a mix of uses. The approved building area provides a clear framework for potential projects and offers a tangible measure of the investment’s scale.
Investment Considerations
Investing in land with existing building permissions and utilities in a popular tourist destination like Corfu presents a compelling proposition. The island’s established appeal as a travel destination ensures a consistent demand for properties and services. The significant size of the land combined with the substantial building allowance allows for a project that can capitalize on this demand. The land’s inclusion within the city plan further simplifies the planning and construction phases, potentially accelerating the return on investment. Developers and investors looking for a project with inherent advantages in a desirable location will find this offering noteworthy. The existing infrastructure and approved building capacity remove many of the initial hurdles typically associated with land development, allowing focus to shift towards design, construction, and marketing.
It is important for potential buyers to note that all information regarding this property is based on details provided by the owner. While every effort is made to ensure accuracy, there is a possibility of typographical errors or subsequent price adjustments by the owner. Therefore, prospective buyers are encouraged to conduct their own due diligence. Furthermore, in accordance with specific legal requirements, viewing the property necessitates the provision of identification and tax identification numbers, which will be documented in a demonstration agreement. The map provided offers a general indication of the property’s location, not its precise position. For further details or to arrange a viewing, interested parties are advised to make contact.
