In one of the most sought-after coastal locations of Paros, just a few steps from the small port of Pounta and its famous kitesurfing beach, this unique property offers a rare opportunity for investors seeking both immediate income and significant development potential. Set on a prime 2,000 sq.m. plot within the urban plan, the asset currently consists of a well-maintained former hotel building of 320 sq.m., arranged into eight independent apartments distributed over two levels, all enjoying magnificent, unobstructed sea views toward Antiparos, which lies just across the strait and is easily reached within minutes via the nearby ferry connection. From an investment perspective, the property stands out due to its significant development flexibility, as the 2,000 sq.m. plot can be divided into two separate plots of 1,000 sq.m. each. The first plot, which will include the existing 320 sq.m. building, allows for an additional 80 sq.m. of construction, while the second plot offers the possibility to develop a new building of up to 400 sq.m. This creates multiple strategic options for the new owner, including the immediate operation of the existing structure as a tourist residence, its upgrade into a boutique hospitality concept, or the parallel development of a new residential or rental complex on the second plot. The location combines natural beauty with excellent accessibility, as the property is only 9 kilometers from Parikia, the island’s main town and port, and just 7 kilometers from Paros Airport, while the cosmopolitan village of Naoussa can be reached within a comfortable 20-minute drive. In addition to the immediate beachfront setting, some of the island’s most popular beaches, including Agia Irini and Parasporos, are also located just a short distance away, further enhancing the appeal of the area as a tourist destination. The combination of its seafront position, uninterrupted views, proximity to one of the island’s most active kitesurfing hubs, and valuable building rights within the urban plan makes this property a truly compelling investment. Opportunities of this scale and flexibility are increasingly rare on Paros, positioning this asset as an ideal choice for those seeking both strong current yields and long-term capital appreciation in one of the Cyclades’ most dynamic markets. (translate into greek German, French and polite italian