Amorgos, Aegean 840 08

A rare investment opportunity is offered for sale in the traditional village of Tholaria, one of the most authentic and picturesque settlements on the island of Amorgos. Combining authentic Cycladic architecture, approved redevelopment plans and exceptional investment potential, this property is perfectly suited for both private ownership and hospitality development. Situated on a 275 sq.m. plot, the property enjoys beautiful panoramic mountain and sea views, offering a unique blend of natural beauty, privacy and authentic island living. The property currently comprises 140 sq.m. of built area arranged over two levels: Ground Floor - 80 sq.m.: currently in semi-finished condition, offering complete flexibility for customization and completion according to the new owner's vision. Upper Floor - 60 sq.m.: fully completed, immediately habitable and enjoying the property's stunning mountain and sea views. The property is offered together with an active building permit for the complete renovation and redevelopment of the existing building into three independent residences, creating an outstanding opportunity for boutique holiday accommodation, luxury residences or a premium rental investment. A major advantage of this project is that it has already obtained all required approvals from the Hellenic Archaeological Service and the Council for Modern Monuments, significantly reducing development time and eliminating much of the permitting uncertainty typically associated with traditional settlements. The outdoor areas further enhance the property's value and include: Private parking, an exceptionally rare and highly desirable feature within the traditional village of Tholaria. Rainwater storage cistern, which can be converted into a private swimming pool with minimal construction cost, substantially increasing both the property's lifestyle appeal and commercial value. Private vineyard, preserving the authentic Cycladic character of the estate. Mature trees and landscaped gardens, creating a peaceful Mediterranean setting with natural shade and privacy. Ideally located close to the beaches, the port of Aegiali and the village center, the property combines the tranquility of traditional Cycladic architecture with breathtaking natural surroundings. Amorgos has become one of the Aegean's most exclusive and authentic destinations, attracting discerning international travelers seeking privacy, natural beauty and genuine island living. The continuously growing demand for boutique residences and premium holiday accommodation makes this property an exceptional investment opportunity with excellent prospects for capital appreciation and long-term rental returns. Offering an approved redevelopment project, heritage approvals, panoramic mountain and sea views, private parking, potential for a private swimming pool, vineyard, mature landscaping, and an outstanding location, this is a truly unique investment opportunity in one of the Cyclades' most desirable destinations.