Plot for sale in Glenrothes, Fife, Scotland

This is a wonderful front-line sea-side building plot on the island of Thassos in the Northern Aegean. The plot measures 19,549 sq. m. and is ideal for the development of a small residential estate or a luxury sea-side hotel. The plot???s size, proximity to the sea, secluded location and boat moorings offers a superb and increasingly rare investment scenario.

Villas

The plot could be divided into four separate building plots which would allow for the development of approximately 1,300 sq.m. (including semi-basements) of domestic housing. The land???s natural, gentle topography minimizes the amount of terrestrial modeling required and optimizes building costs for any development. A wonderful villa of some 300+ sq m can be built on a plot of 4,000 sq.m.. As the new owner of the whole plot, you could choose the exact location within the plot to build your dream villa. You could then divide the plot and build a further 3 similar villas enabling you to recoup your building costs for the whole development. The resulting scenario could see you owning a luxury villa, designed and built to your own specifications, in a superb location next to the sea at a zero net cost. Indeed, with intelligent planning and budgeting, a solid profit could ensue.

Hotel

The plot would support a hotel some 6,000 sq m. There is ample room for swimming pools, tennis courts, parking and perhaps a helipad. The land???s natural, gentle topography minimizes the amount of terrestrial modeling required and optimizes building costs for any development. With the extension of the EEC to include neighboring countries there is a growing demand for additional superior hotel accommodation on the island of Thassos. This is illustrated by the recent opening of a number of new 4 and 5 star hotels. Ferry companies are investing in new fleets of large, modern, ferry boats with which to cope with the expansion of tourist demand.

As a bonus the vendor will give you, free of charge, an additional plot of 1,017 sq m situated below the main plot, on its south side, directly next to the sea. This is the ???icing on the cake???. This gently sloping oasis nestling within the rocky coastline provides the opportunity to develop a private entertainment area: perhaps an artificial beach, an infinity pool, a bar and BBQ area, a hidden summer house with secluded bathing in crystal waters. The options go as far as your imagination.

The vendors hold certificates which confirm that the land is neither ???forestry??? nor of any archaeological interest and thus can be developed. The vendor holds clear and unequivocal title to the land. Electricity runs along the northern boundary of the site. The mains water supply is on the main road which circles the island and is only some 200m away.

The land is close to the village of Astris on the southern side of Thassos and benefits from the best climate on the island. Access from the mainland is via ferry boat to either Thassos town or Prinos. The ferry from Keramote on the mainland to Thassos town takes 35 minutes. Keramote is a short 15 minute drive from Kavala's International Airport. More information about Thassos can be found at the (dot com) web sites for Thassos-island or Gothassos.

Price  ???795,000