Amphitheatrical sea-view plot with building permit in Meganisi

Nestled in the lush coastal landscape of Balos, Meganisi, the Balos Amphitheatre Plot presents a rare development opportunity in one of the island’s most exclusive residential locations. The property comprises a 2,100 sq.m. amphitheatrical plot situated approximately 400 metres from the sea, enjoying an elevated position, natural integration with the terrain, and open views across the Ionian landscape. The plot is offered with a valid building permit for the construction of two independent residences with private swimming pools. The approved design includes a luxurious 144 sq.m. subterranean villa with a 40 sq.m. pool, carefully integrated into the natural slope to maximize privacy, energy efficiency, and uninterrupted views. A second independent residence of 115 sq.m., featuring a basement, loft, and a 45 sq.m. private pool, provides additional flexibility for guest accommodation, family use, or high-end rental purposes. The architectural concept fully embraces the amphitheatrical topography of the site, creating distinct outdoor living areas, visual privacy, and a seamless relationship between the built environment and the surrounding landscape. Natural materials, landscaped terraces, pergolas, and Mediterranean planting contribute to an elegant Ionian architectural character. The existing building permit significantly enhances the property's value by reducing development time and planning uncertainty, offering a clear pathway toward immediate implementation. Combined with its proximity to the sea, easy access to Vathy harbour, and its location within a prestigious villa community, the Balos Amphitheatre Plot represents an exceptional opportunity for a private residence, family retreat, or premium investment development in Meganisi.