Real Estate in Greece, Private Island for Development – Arkoudi
· Private island in an exclusive area of the Ionian Sea.
· Total area of 400 acres + 10.5 km of coastline.
· Approximately 125 acres available for development without forestry restrictions.
· Approved construction of approximately 350,000 sq.m. for residential/tourism and leisure.
· Highest point at 134 meters elevation, offering open views and gentle slopes.
· Secure area – no access from most coastal zones.
· The most suitable island for development in this sought-after area of the Mediterranean
· 10 km connecting rail track
· Fertile land with its own water supply and a history of agricultural production.
Arkoudi Island has a net area of approximately 400 acres and 10.5 km of coastline.
Consequently, it is the largest island among the small islands in the area. 275
275 acres of the 400 are catalogued as private forest area (20 acres of which are coastal area), while the remaining 125 acres are available for development.
In this area, approximately 350,000 sq.m. of residential/tourism and leisure can be built.
The highest point on the island at 134 meters elevation offers gentle slopes and open views in all directions.
The largest area of the coast does not allow direct access from the sea, making the island a very secure location.
Currently, access from the sea is possible from the eastern side of the island, and there is potential to develop other coastal areas for sea access.
A rail network (requiring repairs) of 10 km that was used for transporting agricultural produce is marked on maps and creates a foundation for a road network and land division.
The island is abundant with green areas and was previously used for agricultural cultivation.
Arkoudi Island, known in ancient times as Asteris, is an island located in an exclusive area of the Ionian Sea, between the popular islands of Kefallonia (Cephalonia), Ithaki, Lefkada (Lefkas) and Meganissi and other small islands.
Aktion (Preveza) International Airport is located 55 km from Sivota, which is 3.8 miles from the island or 22 miles as the crow flies.
This part of the Ionian Sea is rich in history and natural beauty and attracts yachts from all over Europe thanks to the beautiful coastline and calm waters.
The stories in the area near Ithaki tell of the island of Ulysses, Kefallonia (Cephalonia) is the island where the story “Captain Corelli’s Mandolin” took place, and the legacy of Aristotle Onassis lives on in many parts of Lefkada and the private island of Scorpios.
High-profile estates in the area such as Scorpios and Sparti were recently purchased by Rybolovlev, who acquired the neighboring island of Skorpidi.
Atokos Island belongs to the Tsakos shipping family, Kythros Island together with an area on Meganissi Island belongs to a company under the Rothschild and Monk group, and on the southeastern side, Oxeia Island was purchased by a sheikh from Qatar.