Unfinished Luxury Villa Development for Sale in Mykonos
Mykonos, Cyclades
Property details
Specifications
- Property Type
- Hotels
- Bathrooms
- 12
- Property Size
- 43 m²
- Plot Size
- 4,760 m²
- Buildable Size
- 437 m²
- Floor
- 2
- Energy Class
- A+
Location & reference
- Prefecture
- Cyclades
- Municipality
- Mykonos
- Location
- Mykonos
- Ref No.
- MY2-785
Description
Unfinished Luxury Villa Development for Sale in Mykonos. Two independent five-bedroom villas, a separate guesthouse and 4,760.15 sq.m. of private land in one of Greece’s most celebrated island destinations. Whether envisioned as an exclusive family retreat or a high-end holiday accommodation investment, this development in the desirable Lino area, between Platis Gialos and Paraga, offers the opportunity to create something truly special in Mykonos.
The property comprises three independent buildings with a total recorded main-use area of 436.56 sq.m. The architectural layout provides 11 bedrooms across two five-bedroom villas and a separate one-bedroom guesthouse. The guesthouse features a kitchen and living area on the ground floor and a bedroom on the upper level, with the possibility of additional sleeping accommodation through a sofa-bed arrangement.
The development is offered in its existing unfinished condition, with the reinforced-concrete structural framework already constructed. This provides a foundation for the future owner to complete the residences according to their preferred architectural finishes, interior specifications and intended use.
The property comprises three independent buildings with a total recorded main-use area of 436.56 sq.m. The architectural layout provides 11 bedrooms across two five-bedroom villas and a separate one-bedroom guesthouse. The guesthouse features a kitchen and living area on the ground floor and a bedroom on the upper level, with the possibility of additional sleeping accommodation through a sofa-bed arrangement.
The development is offered in its existing unfinished condition, with the reinforced-concrete structural framework already constructed. This provides a foundation for the future owner to complete the residences according to their preferred architectural finishes, interior specifications and intended use.
For those seeking a private island residence, the configuration lends itself to an exceptional family compound, where separate villas provide independence while allowing relatives and friends to enjoy time together. The generous plot offers space for outdoor living, entertaining and landscaped surroundings, creating the potential for a private retreat shaped around the owner’s lifestyle.
For investors, the independent buildings and 11-bedroom architectural layout present an appealing basis for exploring a premium holiday accommodation concept. The location, close to some of Mykonos’ best-known coastal destinations, adds to the property’s appeal for those considering an exclusive hospitality development, subject to the necessary planning approvals and operating licences.
The proposed architectural design draws inspiration from traditional Cycladic character, combining natural stone, whitewashed surfaces and timber details with contemporary finishes. Expansive terraces, landscaped gardens, outdoor entertaining areas and private swimming pools are envisioned as part of the completed development, creating inviting spaces for relaxation and entertaining. These elements form part of the proposed design and have not yet been constructed.
The property benefits from existing planning and technical documentation, including Building Permit No. 17/2018, with a stated validity extension until 31 December 2027, and an Electronic Building Identity issued in April 2026. Architectural drawings, topographical plans and supporting documentation are available for review by qualified prospective purchasers.
Offered for outright sale in its present unfinished reinforced-concrete structural condition at €1,690,000, the property allows its new owner to undertake the remaining construction works according to their individual requirements. A separate turnkey completion arrangement may also be considered for genuinely interested purchasers, subject to individual agreement with the owner on specifications, costs and contractual terms.
With its substantial landholding, flexible three-building configuration and established Mykonos location, the development offers two compelling possibilities: the creation of a private residential estate or the development of exclusive holiday accommodation, subject to the applicable approvals.
Unfinished Luxury Villa Development for Sale in Mykonos. Location Information:
Mykonos is internationally celebrated for its Cycladic architecture, cosmopolitan atmosphere and spectacular Aegean coastline. Its whitewashed houses, iconic windmills and the waterfront district of Little Venice have made the island one of the Mediterranean’s most recognisable destinations.
Mykonos Town, known as Chora, combines traditional island character with contemporary sophistication. Its narrow streets are home to designer boutiques, acclaimed restaurants, waterfront cafés and lively entertainment venues, attracting visitors from around the world.
The southern coastline features renowned beaches such as Platis Gialos, Paraga and Agia Anna, known for their clear waters, beachside dining and vibrant summer atmosphere. The Lino area provides a convenient base for enjoying these coastal destinations and the wider island.
Beyond its famous nightlife, Mykonos offers traditional villages, beautiful landscapes and peaceful coastal settings, creating an appealing balance between privacy, relaxation and cosmopolitan island living.
For investors, the independent buildings and 11-bedroom architectural layout present an appealing basis for exploring a premium holiday accommodation concept. The location, close to some of Mykonos’ best-known coastal destinations, adds to the property’s appeal for those considering an exclusive hospitality development, subject to the necessary planning approvals and operating licences.
The proposed architectural design draws inspiration from traditional Cycladic character, combining natural stone, whitewashed surfaces and timber details with contemporary finishes. Expansive terraces, landscaped gardens, outdoor entertaining areas and private swimming pools are envisioned as part of the completed development, creating inviting spaces for relaxation and entertaining. These elements form part of the proposed design and have not yet been constructed.
The property benefits from existing planning and technical documentation, including Building Permit No. 17/2018, with a stated validity extension until 31 December 2027, and an Electronic Building Identity issued in April 2026. Architectural drawings, topographical plans and supporting documentation are available for review by qualified prospective purchasers.
Offered for outright sale in its present unfinished reinforced-concrete structural condition at €1,690,000, the property allows its new owner to undertake the remaining construction works according to their individual requirements. A separate turnkey completion arrangement may also be considered for genuinely interested purchasers, subject to individual agreement with the owner on specifications, costs and contractual terms.
With its substantial landholding, flexible three-building configuration and established Mykonos location, the development offers two compelling possibilities: the creation of a private residential estate or the development of exclusive holiday accommodation, subject to the applicable approvals.
Unfinished Luxury Villa Development for Sale in Mykonos. Location Information:
Mykonos is internationally celebrated for its Cycladic architecture, cosmopolitan atmosphere and spectacular Aegean coastline. Its whitewashed houses, iconic windmills and the waterfront district of Little Venice have made the island one of the Mediterranean’s most recognisable destinations.
Mykonos Town, known as Chora, combines traditional island character with contemporary sophistication. Its narrow streets are home to designer boutiques, acclaimed restaurants, waterfront cafés and lively entertainment venues, attracting visitors from around the world.
The southern coastline features renowned beaches such as Platis Gialos, Paraga and Agia Anna, known for their clear waters, beachside dining and vibrant summer atmosphere. The Lino area provides a convenient base for enjoying these coastal destinations and the wider island.
Beyond its famous nightlife, Mykonos offers traditional villages, beautiful landscapes and peaceful coastal settings, creating an appealing balance between privacy, relaxation and cosmopolitan island living.
Features
- Parking space
- Veranda
- air conditioning
