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Corfu, Greece

Development – Investement – Ano Korakiana




Technical report

This report concerns investing in the development and exploitation of three (3) privately owned plots in the area of ​​Ano Korakiana, Municipality of Corfu, at a distance of 14 km from the city of Corfu and the port. The total area the three plots cover is ​​164,414m2. The area is located on the provincial road Corfu-Sidari, which connects the city of Corfu with the north part of the island. The development stands on an amazing hill which provides a panoramic view of the island of Corfu.

The three (neighbouring) plots can be used for the construction of:
1) a hotel unit of 70 furnished 5-star apartments
2) a nursing home with a capacity of 100 guests and
3) a group practice which will serve the needs of the nursing home and, also, the needs of the hotel, which aims at special groups of tourists e.g. (artificial kidney unit).

[This plot of land can be sold without the investment part.
Price €1,500,000]

Plot 1: 95,823m2 (+ 20% capacity for further building)
Plot 2: 31,891m2 (+ a 4000 m2 capacity for further building)
Plot 3: 36,700m2 (+ a 1250 m2 capacity for further building)

Basements can be built on all three plots due to the morphology of the soil; the area can be equal to the coverage provided. All paperwork for the plots is ready and approved by the Forestry Commission. In addition, plot 1 has received pre-approval by the Greek National Tourism Organization for the construction of a hotel unit of furnished apartments, and swimming pools (a total of 8 swimming pools) as well as the creation of 2 tennis courts and 1 mini golf court.

  • ID: 3604
  • Published: March 9, 2021
  • Last Update: May 7, 2021
  • Views: 45