Land Plot for Sale

I. Geographical Location The parcel belongs to the administrative district of the Municipality of Messina of the Prefecture of Messinia.. It is located in the center of the Messinian Gulf and its south side has 40 meters of thin sandy beach widths of about 60 meters. It is about 3.8 km from Kalamata International Airport (now "Vassilis Konstantakopoulos") and just 2.5 hours by car from Athens "Eleftherios Venizelos"airport. Also at a distance of 15 km. there is the of Ancient city of Messini with theater, museum, archaeological site, etc., the palaces of Nestor at a distance of 30 km, Olympia at 50km and there is an coast link from the port of Kalamata with Kythira island and the island of Crete. II. The Property Located at the southern end of the Peloponnese, the property is ideal for summer holidays from April to October. Also because of its proximity to a residential area it is suitable for permanent residence. Also for the wider area of the Municipality of Messini there is a General Urban Plan (G.P.S.), which includes this property. The property is located within the tourist development zone of the G.P.S. and in particular in the zone of Municipal Urban Planning for holiday residence. (Until the completion of the Municipal Planning, the property is governed by conditions outside the building plan). The boundaries of the property are determined south by a sea-beach, to the east by a floating water channel, which communicates with the sea, in the southern part of which there is a port for the maneuvering of small boats, to the west with a public grove and to the north with foreign properties. It has two accesses, one north-west and one south with the sea. It is flat, about 64 acres, not including the border zone. The property is suitable for any tourist development, including a hotel from 100 to 400 beds. Finally, there is unfinished construction within the property and in the front part of it, which belongs to one of the co-owners. A planning permit had been issued for its construction in the past, meaning that the property did not encounter problems with archaeology, woodland and beach. This construction, which is located on an area of 4 acres at the front of the parcel, out of a total of about 65acres, is offered together with the rest of the land for sale. The associated transaction costs of the property purchase are in the range of 6%-7% and include: (a) the property transfer tax plus a municipal tax (3.09%), (b) the notary fees (typically between 0.5%-1%), (c) the registration costs at the Cadastral Office (typically between 0.5%-1%) and (d) the agent's fee typical of 2% plus 24% VAT. All these costs are calculated on the higher amount between the sale price and the objective value of the property, and are born by the Purchaser. It should be noted that buying-side legal fees may apply if a solicitor is involved from the Purchaser's side.