St. Athanasios Island, Agios Athanasios

St. Athanasios Island, Agios Athanasios

Itea, Delphi, Fokida, Corinthian Gulf, Greece · 2.6 acres · Freehold

€2,200,000 EURListed 1 days ago
Acreage
2.6
Price/acre
€846,154 EUR
Ownership
Freehold
Development
Development potential

About This Island

St. Athanasios is the smallest island in the Greek market. But, its manageable size, flat land, and picturesque location provide ideal conditions for private residential development. The island lies just one kilometre from the shore and can be reached by boat from the nearby coastal town of Itea. Olive and pine trees inundate St. Athanasios’ interior, while a small sandy beach marks the northwestern coast. Though, perhaps the island’s greatest asset is its unrestricted freehold title. The property also boasts an indispensable ensemble of supporting documents from all relevant public authorities. Lastly, for investors with an eye towards development, St. Athanasios is free of Natura 2000 area restrictions. As such, there is scope for the construction of a private residence. St. Athanasios’ profile and potential surpasses its modest size.

Insights

Everything You Need To Know

Location
Greece
Approximate
Climate & Risk

Europe

Very Low Storm Risk
Monthly Probability Of Named Storm
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Best Months To Visit
May – October
Avoid
November – March (cool, rough seas)
Avg Named Storms / Year
0.0
Major Hurricanes (Last Decade)
0
Mediterranean is non-cyclonic. Storm risk minimal. Greek and Croatian islands are among the safest tropical-style climates in the world for storm risk. Trade-off: shorter warm season.
Sources: NOAA NHC, IPCC AR6, World Bank Climate Knowledge Portal · Updated 2026
Buying In Greece

Foreign Ownership Permitted

Allowed for EU nationals freely. Non-EU may face restrictions on border islands.

Ownership
freehold
Transfer Tax
3.09%
Annual Property Tax
0.1-0.7% (ENFIA)
Closing Time
30-90 days
Legal Fees (typical)
10.0% of price
Required Permits
Tax registration (AFM)
True Cost Estimator

What This Island Will Actually Cost

Beyond the asking price: closing, infrastructure, and the first year of operating costs.

$2.2MUSD
$300K$50M
Year-One Total Cost
$3,065,8001.4× Purchase
Purchase
$2,200,000
Closing Costs (~7%)
$154,000
Infrastructure
$540,000
Year 1 Operating
staff + tax + insurance + maint
$171,800
€2,200,000 EUR
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