LAND FOR SALE
LAND FOR SALE
There is a fair amount of land available
on the island of Paxos.
Prices for a small
plot of land without a sea view start at 40,000 euros. With a sea view a
small plot will cost from 70,000 euros and on the sea we have a plot of
12,000 sq m for 700,000 euros.
Advantages and Disadvantages of Buying Land:
Buying a plot of land and building a new house is just one of the ways
of acquiring a property on Paxos. The advantage of choosing this option
is that it enables you to have a property tailor-made to your own design
and equipped with all modern facilities. The disadvantage is that it can
take up to two years from the time you complete the purchase of the land
to being able to move into your house. However, provided you are
prepared to wait this long, this is the option we often recommend, especially
to clients who are looking for maximum equity or interested in renting
out their property, when quality and location are so important.
The first thing you will need to do is to decide how important a sea
view is for you. If you are looking for an investment property to rent
out to a tour operator, a sea view will certainly help you to obtain a
good price and a fair amount of interest. However, sea views are
considerably more expensive.
Other important factors are how close you want to be to a beach or to
the sea and whether you want to be in or near one of the main villages
of Gaios, Lakka, Loggos, Magazia or Fontana.
You should also consider whether you want to be on a track away from the
road, or whether you are happy to be near to a road. The roads on Paxos
are never as busy as in the UK!!!
Land Classification and Size of
You will then
need to consider what size plot you want. We work in square metres and
1,000 sq metres is a stremma. Size of plot is an important issue when
considering the building potential of the land. In certain areas of the
island - outside a village you need a minimum of 4,000 sq metres of land in order to
obtain permission to build anything unless you buy a plot which already
has building permission.
The size of villa you want to build will be an important consideration
in determining the size of plot you will need and again we work in
square metres. For example on a plot of 4,000 sq metres you can be fairly certain of gaining permission to build a
house with a total floor area of 200 sq metres, as long as it is built
sympathetically in the Paxiot style and the land isn't classed as
‘forestry land’. 200 sq metres is a large villa!
’Forestry land’ is land for which you will not get building permission.
All land needs to be clear of forestry and you need confirmation of this
along with confirmation of the size and the boundaries of the plot.
Help with Getting
We can introduce
you to an engineer to carry out a topographical survey to confirm the
size, classification and boundaries of the plot. We can also introduce you to lawyers, architects
and the notary who will assist you with all aspects of the purchase.
Once you have bought the land and are ready to start building, we can
introduce you to project managers who will assist in the building
process and put you in touch with builders and developers on Paxos and
Just to give you a very rough idea of costs at this stage, you will need
to allow about 20% of your purchase price for taxes, lawyers,
agents fees etc. To build a house you will need to allow between 1,500 euros and
2,000 euros a square metre depending upon the difficulty of
the build. If you want particular top of the range additions to your
house or villa, these may increase this guide price considerably. So,
for example, if you want a two or three bedroom villa of 100 sq metres,
this will cost between 150,000 and 200,000 euros to build.
You need to bear in mind that all processes here in Greece take much
longer than you may imagine. It may well take three months to complete
the purchase, the planning permission, if you are lucky, may be through
in a further three months but can take much longer and building can take
many months!! So it is best not to be in a hurry and you may then be
pleasantly surprised with the rate of progress. It goes without saying
that we will do our best for you at all stages, even after you have
completed the purchase of the land and while your villa is being built.
You can easily contact us by email or phone and we speak English!
We have decided to provide a ‘Guide Price’ for the land and
properties on this website rather than a fixed price. It is always
possible that you may be able to persuade an owner to accept less than
the ‘Guide Price’, but on the other hand you may have to pay more. We
try to keep the ‘Guide Price’ for each property up to date and most of
them are accurate. However, please be aware that in the present climate
even when an owner has agreed a price for his property he may
subsequently decide to increase it. You might therefore like to consider
entering into a pre-contract with the owner but should discuss this with
LAND FOR SALE
LAND FOR SALE
Near Loggos Village
Levrekio or Marmari Beaches
Villas with Pools
Paxos for Couples
Paxos for Singles