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Aerial view of a coastal town with houses nestled among green trees, overlooking a blue sea and distant mountains under a partly cloudy sky.

Prime Sea View Development Land in Katouna, Lefkada

€1,000,000
  • ~20,000 m² Plot surface

Description

Offered under exclusive mandate, this exceptional 20,000 m² sea-view property in the lush hills above Katouna, Lefkada, presents a rare opportunity to acquire one of the island’s most naturally privileged and development-ready parcels of land. Immersed in a landscape of ancient olive groves, wild herbs, and dense Mediterranean flora, the property offers a rare combination of seclusion, expansive sea views, and outstanding legal readiness for high-end residential or touristic development. The terrain is gently sloping, allowing for effortless integration with the natural surroundings and panoramic views from every elevation. From any vantage point, one gazes across the shimmering Ionian Sea and the tranquil maritime passage between Lefkada and mainland Greece, where sailboats drift by and the light dances endlessly on the water. The topography, orientation, and ambient greenery form a setting that is at once peaceful, private, and development-optimized — perfect for either a landmark hospitality project or a discreet residential sanctuary. Legally compliant with current Greek building legislation, this off-plan parcel is ready for immediate development. For tourism purposes, the land qualifies under the national tourism zoning framework, exceeding the minimum 15,000 m² threshold required for hotel use. It allows for the creation of up to 200 rooms or 400 beds, with an estimated buildable surface between 3,000 and 3,500 m² depending on hotel category (4-star or 5-star), layout, and communal facilities. This makes it ideal for a boutique hotel, a wellness retreat, an eco-luxury concept, or even a workation-focused resort. Furthermore, the land is eligible for Greek tourism subsidies (NSRF / ΕΣΠΑ), enhancing its value proposition for strategic investors. For residential development, the property allows for up to 400 m² of above-ground construction — ideal for an ultra-private estate with a pool and guest houses, or the development of two to three independent sea-view villas for resale or rental. The gentle slope of the land makes positioning structures for maximum privacy and sea exposure both intuitive and cost-efficient. Despite its secluded ambiance, the estate is exceptionally well located. It is just 10 minutes from Lefkada Town, with its cosmopolitan marina, restaurants, shops, and services; 5 minutes from idyllic east-coast beaches; and only 30 minutes from Aktion International Airport (PVK), which connects Lefkada to major European cities via direct seasonal flights. The nearby village of Katouna, with its cobbled alleys and traditional tavernas, adds an extra layer of charm and authenticity to this already compelling location. As a vision for a boutique 5-star hospitality concept, the land could support 50 to 60 generously sized suites ranging from 30 to 50 m² each, alongside a panoramic restaurant and lounge, a full wellness and spa center, multipurpose spaces such as yoga halls, and an infinity pool terrace overlooking the Ionian. Select suites could feature private pools, while the architecture would be designed bioclimatically, using natural stone, native wood, and local flora to ensure minimal environmental impact and maximum visual harmony. Discreet, underground or landscaped parking would preserve the integrity of the terrain. Infrastructure — including road access, electricity, and water — is already in place, ensuring an efficient and streamlined development process. A full topographical and legal dossier is available, and specialized technical support for permitting, planning, and architectural realization can be provided for a seamless investor onboarding experience. In a market where very few parcels of this size, legal clarity, and natural splendor remain, this land represents an opportunity of rare caliber — a place where timeless Ionian beauty meets buildable vision. Whether conceived as a signature hospitality destination or a private Mediterranean sanctuary, this is a site of lasting significance and investment strength. A true jewel of Lefkada — crafted by nature, ready for legacy.
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Engel & Völkers Greece Second Home MMC

Your advisor: Sofia Papathanasiou

Property ID: W-030GVX

Property details
  • Object type

    Site

  • Plot surface

    ~20,000 m²

Location: Lefkada, Ionian Islands

Lefkada is one of the few Greek islands accessible by car, enhancing both accessibility and demand. Known for its stunning beaches and growing tourism sector, it attracts buyers seeking holiday homes, boutique hotels, and premium land plots. The real estate market offers a range of opportunities, from renovating traditional houses to developing luxury villas with high rental yields. Its strategic location places it near Preveza, Paxos, and Kefalonia, making it a valuable hub in the Ionian region.

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Land & Lots for sale in Decentralized Administration of Peloponnese, Western Greece and the Ionian

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Engel & Völkers Greece Second Home MMC

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EV MMC Greece S.A.

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