Situated in an amphitheatrical position with panoramic views over the bay of Milos, this exceptional plot of 7,843 sqm is available for sale. Located outside of the town plan but fully buildable, it has direct access from an asphalt road and is accompanied by a forest clearance certificate and archaeological exemption based on detailed studies. With a permitted building allowance of 500 sqm, the natural slope of the land allows for semi-underground development — ideal for luxury residences or a high-end hospitality project. The plot offers unobstructed sea views, excellent accessibility, and proximity to key areas of interest, making it an outstanding investment opportunity on one of the most charming Cycladic islands.