Land Plot for Luxury Hospitality Development, Palaiochori, Milos, Cyclades Islands | Property for sale | Savills
2,094 sq m(22,539.64 sq ft)
Asking price €1,800,000

Land Plot for Luxury Hospitality DevelopmentPalaiochori, Milos, Cyclades Islands


    Key features

    • 10,470 sqm land plot with built permit for a 5-star hospitality retreat
    • Building coverage: 20% - Building coefficient: 0.20
    • Distinctive Architecture
    • Majestic sea views from the villas
    • Ultimate Seaside Experience

    An exceptional opportunity to develop a 5-star hospitality retreat on one of the Cyclades’ most beautiful and sought-after islands

    About this property

    • The property will feature 27 apartments, swimming pools, a reception area, restaurant, spa, event hall, and underground auxiliary spaces.

      Built permit already issued

      21 underground villas with private pools (1 bedroom)

      2 first floor villas with private mini pools with jacuzzi (2 bedrooms)

      4 ground floor villas with private pools (1-3 bedrooms)

    Local information

    • Located in Palaiochori village, this plot is just steps from the renowned Paliochori Beach, offering stunning volcanic scenery and easy access to crystal-clear waters. The area combines natural thermal springs, vivid cliffs, and a peaceful yet well-connected setting on one of Milos’ most popular southern shores.

    Additional information

    • Palaiochori Beach: 790 m

    • Milos Airport: 2.9 km

    • Milos Port: 7.5 km