- Land Size: 642,280.42 square meters, in case you need somewhere to park all your yachts.
- Lease Period: 99 years because 100 would just be excessive
- Winning Bid: 4 million euros (unless someone finds change behind the couch).
- Date of Decision: June 24, 2025; mark your calendars – or not.
- Official Quote: “The Sani/Ikos Group has been declared the highest bidder for the property Sani Kassandra (North Section),” reports the board.
- Location Admin Blurb: Outside the city limits, naturally, near “Metochi Stavronikita,” for those who like cryptic GPS clues.
- Special Restrictions: The land is subject to the General Urban Plan and also falls within an Archaeological Protection Zone.
The North Section of Sani Kassandra: A Landlord’s Dream
If anyone wondered where to dump a few hundred thousand square meters, wonder no more. The Sani/Ikos Group now holds the rights to a juicy slice of real estate stretching over 642,280.42 square meters in the Sani Kassandra area. Yes, it’s the northern part for people who keep track of these things. The deal secures the land for 99 years for the low price of just 4 million euros, which sounds great unless you value public access to nature.
Sani Kassandra in All Its Overregulated Glory
Let’s take a moment to appreciate the layers of red tape decorating this plot. The “Metochi Stavronikita” site doesn’t just sit within spitting distance of tourist hotspots. It’s bound by rules galore, including a General Urban Plan and protection rules for those sensitive “archaeological areas.” So, building anything will be a fun dance with town planning and the environmental police. You may be hoping for peaceful vistas or a new mega-resort. “The property is an independent, northern section of a larger 915,099.72 square meter lot,” brags the official description, as if that helps anyone sleep better at night.
- Sani/Ikos Group won the property Sani Kassandra (North Section)
- 642,280.42 square meters, part of an even larger estate
- 99-year lease, single round tender, payment upfront
- Strict planning, environmental, and archaeological restrictions
- Awaiting the final blessing (or curse) from the Audit Court
The Bumpy Road to Tourist Heaven
The process ran as a one-shot public tender. There are no multi-round marathons here, just one pass at showing who’s got the cash. “The financial consideration will be paid upfront,” says the board – no payment plans are available for this neighbourhood. If bureaucracy gives you joy, here’s your fix: the contracting documents are now en route to the Audit Court for a pre-contract check because Greece loves paperwork almost as much as it loves beautiful beaches.
What’s the Problem Here? Let’s List It
- Ancient sites mean more than old stones – expect intense building restrictions.
- The area is subject to strict zoning, so don’t expect a Vegas-style transformation overnight.
- Locals and tourists may notice a decrease in green space.
- Decision-making lies far from public reach.
- Uncertainty over how “high-level tourism” will impact the environment and daily life
Sani Kassandra, once another scenic part of Halkidiki, now prepares for years of plans and paperwork. Anyone hoping for a quick transformation is due for a long wait, with enough legal checks to make your head spin. Expect a new era – don’t expect it to arrive before your grandkids grow up.