Resort Development Sites for Sale in Cyclades Islands

In the peaceful and tranquil area of Faros, this rare estate measures 16,034 square meters of gently sloping land which enjoys open views to all the major points of the island including the Caldera, Oia, and Firostefani, as well as to the nearby islands of Thirasia and Aspronisi and in the distance the islands of Milos, Folegandros and Sikinos. A permit has been issued to build a five-star hotel of 3,022 square meters with 46 rooms, eighteen swimming pools, and a main building. The permit expires in 2028. In what is known as the most beautiful island in the world, this property is an excellent opportunity due to its exceptional size and location.

(Code: 8863520)

Located on the south coast of the pristine Cycladic island of Milos, “The Peninsula” sits on a dramatic cliff enjoying sensational panoramic views of the Mediterranean Sea. The spectacular property comprises 5,584 square meters, or nearly 1.4 acres, of land with a permit to build a 730 square-meter eco-villa with a swimming pool. The home includes five bedrooms, all with en-suite bathrooms, and is carefully integrated into the landscape. Intimate stone-framed terraces are carved into the slope, unifying interior and exterior spaces. These terraces provide privacy while also opening to beautiful views of the horizon. The residence itself is concealed by a blanket of local Mediterranean flora flowing over it. This landscape is punctured with skylights and private atriums to bring natural light into the home, creating a sense of spatial discovery and delight. Movement within the house occurs through a central spine that joins the four levels. The skylights along its length align to the sun at different times of the day creating a virtual sundial. While offered for sale as a land plot with the permit to build the eco-villa, there is an alternative option for the buyer to purchase the residence already built to their exact specifications. Milos is one of the most attractive Greek islands, a refreshingly peaceful haven gifted with charm and stunning nature. Its 125-kilometer coastline is graced by some of the most beautiful beaches in the Aegean. It is also easily accessible with an airport that provides daily flights to Athens and frequent fast ferries that connect the island to the port of Piraeus.

(Code: 8868632)

Set above the famous beach of Kionia, this land plot of 15,362 m² in total is divided into four adjacent plots of 5,643 m², 4,131 m², 5,179 m² and 409 m² which enjoy open views to the sea and to Syros island. There is an existing permit to build 12 villas with a total of 1,318 m² which expires in December 2025. Only 5 kilometers from the main town of the island, this property is ideal for a touristic development or for the construction of one luxurious villa after a revision of the permit.

(Code: 8862651)