Plot 50000 m²

5.000.000€

• Ermioni, Argolis
• 31/10/2025

Argolida, Ermioni:

Two adjacent land plots for sale with a total development potential for high-end hospitality investment.

Plot A – 33,511.08 sq.m.:

Maximum buildable area: 8,000 sq.m.

Proposed development scenario: 5-star luxury hotel featuring a shared swimming pool, restaurant, spa, and outdoor tennis courts.

Building coefficient: 0.18

Usable building coefficient (excluding common areas): 0.70

Average suite size: 45 sq.m.

Potential yield: 90 suites (calculated as: 33,511.08 × 0.18 × 0.70 / 45 = 90 suites, rounded)

Plot B – 17,304.01 sq.m.:

Proposed development scenario: 3-star hotel in the form of villas/apartments (bungalow style) each with private pools.

Building coefficient: 0.18

Usable building coefficient (excluding common areas): 0.60

Average villa/apartment size: 50 sq.m.

Potential yield: 35 villas (calculated as: 17,304.01 × 0.18 × 0.60 / 50 = 35 villas, rounded)

Total Asking Price: €5,000,000 | Property ID: 5588