Newly Established Commercial Real Estate for Sale in Lechaio, Greece

Acquisition and development of commercial and beachfront properties in Greece, including the new adjacent project, structured as either a 120-room luxury hotel or 67 luxury beachfront apartments compliant with Greece’s Golden Visa program. Target users are Developers, international real estate investors, hospitality operators, and high-net-worth individuals seeking Golden Visa-eligible assets.
The holding business's objective is to identify high potential large scale real estate assets, unlock their development value and create attractive investment opportunities for international developers and institutional investors. - Tangible assets: The beachfront development in Agios Gerasimos, Lechaio, Corinthia, Greece, is a freehold coastal property of over 10,000 m², approximately valued at EUR 6 million on book value and EUR 10 million at market value, with a capital-improved yield valuation of EUR 23 million. It is being offered as an exceptional opportunity for international investors and developers to enter the bustling Greek property market, with the potential to achieve an impressive capital-improved value after construction, followed by a steady annual income stream, as we are looking for a quick transfer. The property is free of encumbrances and liabilities. The project includes architectural and engineering designs, development rights for either a 120-room luxury hotel or 67 luxury beachfront apartments, and compliance planning for Greece’s Golden Visa programme.
- Intangible assets:
Greek property legal due diligence, environmental license, archeological clearance, architectural and structure engineering due diligence, all municipal statutory planning approvals. (all combined worth EUR 1.5 million) The beachfront freehold site in Agios Gerasimos, Lechaio, Corinthia, Greece, with total land area exceeding 7600 m² as stage 1 and 10,000m2 when incorporating stage 2. The site is entitled and designed for either a 120-room luxury beachfront hotel at stage 1 and expanded into 210 room hotels when incorporating stage 2 or 67 luxury beachfront apartments compliant for the commercial to residential Golden Visa Policy. All legal, archaeological, engineering, and environmental studies have been completed, allowing immediate commencement of development, subject to investor strategy.
Company registered office address: Skouze 1, Piraeus, 18536, Greece. Business is personally funded through share capital from the 3 corporate Entities that hold 100% of shares. These entities are held by the 6 board of directors.