Land Plot for Sale

New Price!! For sale: Plot of land 135 sq.m. in the traditional settlement of historic Psara, in an idyllic location with a beautiful view! The plot is situated in a quiet spot within the settlement, just 2 minutes from the central square and next to the local market, while the sea is only a few steps away. It is open on both sides, offering comfort and light, and lies in one of the most picturesque and traditional areas of the island. It allows for a total construction of 270 sq.m. on three floors, ideal both for a residence and for tourist development, such as rental rooms or a small hotel. An excellent investment opportunity in a place that combines history, culture, and natural beauty. If you dream of building your own home or investing in tourism in a paradisiacal destination, this plot is the perfect choice! For more information and to arrange a visit, please contact us. The photo shows the famous monument The Glory of Psara. For more information, please contact:6932367310 1. For Private Residence • Single-family house: Possibility to build a large home (e.g. 200–300 sq.m. on 2 levels), with a yard and garden. For Psara, this would be a comfortable family residence or a summer retreat. • Two houses: Option to create 2 separate homes (e.g. ground floor and upper floor, or side by side) – one for family use and one for rental. • Maisonette: A two-level house with sea view, more appealing if intended for tourist rental. ⸻ 2. For Investment (Tourism / Commercial Use) • Guest rooms / small hotel With 415 sq.m. of buildable area, you can create 6–8 self-contained studios or 10–12 smaller rooms. In Psara (with peak tourism in July–August and during Easter), such a property could operate successfully. • Airbnb / apartments Possibility to develop 2–4 apartments for short-term rentals. This offers flexibility, as one unit can be used by the owner while renting out the others. • Tavern / café with rooms On islands like Psara, it is common to have a ground-floor establishment (restaurant or café) with rooms above. The ground floor (up to 363 sq.m.) is ideal for this type of use. • Guesthouse – boutique hotel With a smart layout, the property could become a charming guesthouse with 5–6 rooms, common area, kitchen, and a veranda with a view. ⸻ Which option is more valuable? • For permanent residence: Utilizing the full 415 sq.m. would likely be excessive; a 150–200 sq.m. home is more practical. • For investment: The entire buildable area can be developed. Since Psara has a limited number of accommodations, a small tourist project (guest rooms, boutique guesthouse) has strong potential. ⸻ Conclusion: Because the island is small and peaceful, the most profitable use is for tourist accommodations (Airbnb, guesthouse, rental rooms). For purely personal use, it makes an ideal large holiday/family home, perfect for hosting children and grandchildren in the future.