Unfinished Villa with Pool and Sea Views for Sale near Lakka, Paxos

Unfinished Villa with Pool and Sea Views for Sale near Lakka, Paxos

Chase Real Estate is pleased to present this exceptional unfinished villa for sale near Lakka on the island of Paxos, set on a 4,071m² plot in one of the most naturally striking and privately positioned locations available on the island. With a main building of 101.6m², a large 50.75m² pool already in place, a 32m² water tank, an additional 85m² of buildable allowance, uninterrupted sea views across the Ionian, and the option for the villa to be delivered fully finished depending on the buyer's requirements, this is a development opportunity of genuine quality and rarity in one of the most prestigious and supply-constrained property markets in the Greek islands. At €750,000 for an already-structured villa on a 4,071m² sea-view plot with a pool in place near Lakka on Paxos, the value here is clear and the opportunity entirely compelling.

The Villa

The existing structure of 101.6m² provides the primary built foundation of the finished property, with the structural work already in place and the remaining programme of work focused on the finishes, fixtures, and personalisation details that allow a buyer to create a home entirely suited to their own intentions and aesthetic preferences. The option for completed delivery means that buyers who do not wish to manage the finish programme themselves can acquire the villa in a turnkey condition, while those who prefer the creative engagement of defining the final specification personally can approach the remaining work on their own terms and to their own timeline.

The additional 85m² of buildable allowance within the plot provides a meaningful expansion potential that extends the total possible floor area of the finished property to approximately 186m², a figure that supports a villa of considerable scale and ambition for a two to three bedroom island property and one that is entirely consistent with the expectations and quality standards of the Paxos residential and rental market at this price point. Whether the expansion is used to add further bedrooms, expand the principal living areas, create a dedicated guest suite, or develop additional outdoor covered spaces, the remaining buildable allowance gives the finished property a scope and flexibility that a fully completed structure with no remaining permit capacity could not offer.

The Pool and Infrastructure

The 50.75m² pool is already in place within the site, a development investment of genuine significance that is included in the acquisition price and that removes the most complex and time-consuming outdoor construction element from the buyer's remaining programme of work. A pool of this scale is generous by any standard for a villa of this footprint, and it gives the outdoor space a leisure dimension of resort quality that is directly reflected in the rental performance and achievable rates of pool villas in the Paxos market. The 32m² water tank provides an independent water storage capacity that supports the long-term self-sufficient operation of the villa and is a particularly practical infrastructure asset on an island where water supply management is an important consideration for any residential property of scale.

The Views and Setting

The views from the plot across the Ionian Sea are the defining natural asset of the site and the element that gives it its most immediate and lasting commercial and personal appeal. From the elevated position of the villa near Lakka, the sea view is uninterrupted and expansive, stretching across the water in a panorama of the quality that Paxos is celebrated for and that consistently drives the island's premium property values and rental returns. The 4,071m² plot provides a generous private landscape around the structure, with space for gardens, terracing, and outdoor living areas of whatever ambition and specification the buyer chooses to pursue, and the overall setting of elevated privacy, natural Paxos landscape, and open sea outlook creates a residential environment of extraordinary quality and character.

The Location

Lakka is one of the most charming and naturally beautiful villages on Paxos, a small harbour settlement at the northern tip of the island whose turquoise bay, seafront tavernas, and authentic Paxiot character have made it one of the most loved destinations on the island for both visiting sailors and land-based visitors. The village is within a short distance of the villa, providing the local amenities, waterfront dining, and social atmosphere of a working Paxos village without the property being positioned within the village itself. The combination of proximity to Lakka and the elevated privacy and sea views of the hillside setting is one of the most valued location profiles in the Paxos property market.

Paxos as a whole is one of the most consistently prestigious and desirable destinations in the entire Greek island chain, valued by an international and discerning buyer and visitor base for its intimacy, extraordinary water clarity, natural beauty, and the unhurried and genuinely exclusive character that distinguishes it from larger and more commercially developed island destinations. The island's strict planning environment means that the supply of buildable land and available development projects is essentially fixed at a very limited level, and the scarcity of opportunities of this quality near Lakka on a plot of this scale with a pool already in place is a fundamental component of the value being presented at this price.

Investment Potential

An unfinished villa with a 50.75m² pool in place, 4,071m² of private land, uninterrupted Ionian Sea views, 85m² of additional buildable allowance, and a location near Lakka on Paxos, with the option for completed delivery, represents a development acquisition of exceptional rarity and quality in one of the most prestigious property markets in the Greek islands. The finished asset, completed to the standard that the Paxos market and the quality of the setting demand, would be positioned at the premium end of the island's holiday rental and residential sales market, where structural supply constraints, consistent international demand, and the enduring prestige of the Paxos address support values and returns that few other Greek island locations can match.

At €750,000 for this combination of land, structure, pool, views, and location near Lakka, this is a price that will not remain available in a market where comparable opportunities simply do not arise.