Top class urban development project

For Sale Price on request - Land
PLPLA25 173319 m2 Build up to: 34664 m2Freehold sale - title deeds available

Top class urban development project.
Individual privat housing in countryside village estate.

The area of the project lies between Elounda und Plaka on the slope of the hill, facing the sea and Spinalonga and Kolokytha Island.
It is about 500 meters from the sea at an altitude of 40m to 130m height, parallel to the shoreline at an East-facing direction, enjoying the sun rise from inside the sea and the islands below.

The area is world famous as a top class tourist destination.
It enjoys a very nice dry climate. It is considered one of the best in Greece.
Also the beaches are very clean and calm.

People are very friendly and welcoming and criminality is one of the lowest in Europe, making the place peaceful and safe.
As a result the area is dotted with several high class hotels (5*-6*).
Also a lot of luxury villas have been erected in the area both as permanent residences for rich people from all over the world and for renting out at top prices for high class tourists.

The size of the land is 173.319 m2.
Out of that, 50% is used for roads, squares and public use and the other 50% for the development of private housing.
The total area occupied by the houses could be 86.660 m2.

The possible total building size is 34.664 m2.
The total building size breaks down as follows:

– Housing: 21.539 m2
– Hotel: 10.384 m2
– Shops: 2.305
– F&B Facilities: 167 m2

For the maturation of the business plan all the necessary approvals and permits from the authorities have been granted.

The property is supported by the existence of large and integrated access infrastructure and service of its residents and visitors.

Road Connection:
14 Km from Agios Nikolaos Crete,
4 km from Elounda.

Plane Connection:
40´ from Heraklion international airport “Nikos Kazantzakis”.

Sea Connection:
50´ from Heraklion city port,
15´ from Agios Nikolaos city port.
370m from the shore (on a straight line).

High protection network of the urban space.

14 km from Agios Nikolaos hospital.

Related Infrastructures:
Extended network of 5* hotel units.

Surrounding Environment:
Unparallel natural beauty,
Infrastructures and constructions of high luxury.

  • Measurements and distances are approximate and intended as a guide only.
  • The price does not include buyer's purchase expenses (purchase tax, legal/administrative costs and real estate agent fee).


Location on Map