Rare investment plot of 15,200 sq.m. for sale, within the town plan, in Maltezana, Astypalaia, approximately 280 m from the sea. The property is located in a particularly interesting position for tourism or residential development, in one of the most recognizable areas of Astypalaia. From the first floor and above, it offers sea views, a feature that significantly enhances its commercial and investment value. According to the available information, the plot is within the town plan, with minimum plot size / buildability requirements from 300 sq.m., and can be subdivided into smaller plots. The building coefficient is stepped, while the reported building allowance exceeds 6,200 sq.m. for hotel use or tourist accommodation. The land offers significant development flexibility, either as a unified tourism project or through subdivision into smaller plots, depending on the buyer’s investment plan. The property is not seafront; however, it is located within a short distance from the sea and from well-known beaches of the area. The main beach of Maltezana is close to the property and offers easy access for swimming, while the distinctive beaches of “Plakes” and “Blue Limanaki” are located approximately 500 m away. The photos of the listing show nearby beaches and the wider natural surroundings of the area, with “Blue Limanaki” located approximately 500 m from the property. Astypalaia has an airport close to the area, approximately 20 minutes on foot according to the available information, while the island is also connected by ferry through Blue Star. Key features: - Surface: 15,200 sq.m. - Location: Maltezana, Astypalaia - Within town plan - Distance from the sea: approx. 280 m - Distance from “Plakes” and “Blue Limanaki”: approx. 500 m - Sea view from the first floor and above - Minimum plot size / buildability requirement from 300 sq.m. - Potential subdivision into smaller plots - Stepped building coefficient - Reported building allowance: over 6,200 sq.m. - Suitable for hotel use or tourist accommodation - Suitable for residential or tourism development - Close to well-known beaches of Maltezana - Close to Astypalaia airport - Strong investment potential A property with significant investment potential, due to its large surface, location within the town plan, short distance from the sea, high reported building capacity and proximity to beaches and infrastructure in Astypalaia.