Large seaside building land on top of hill near Agios Nikolaos, fantasic views

For Sale Price on request - Land
PLAG27 79000 m2 Build up to: 26860 m2Freehold sale - title deeds available

Large development land of 79,000 m2, situated north of the Agios Nikolaos, the capital of Lasithi, Eastern Crete.
It is a five minute drive from the center of Agios Nikolaos and the center of Elounda. The location of the plot is amphitheatrical on a hill side, facing east, with magnificent birds-eye views of the town of Agios Nikolaos, the whole bay of Mirabello, the mountains and beautiful sun- and moonrises.

Being positioned in a PERPO area that can be urbanized, it is suitable for the construction of high-end villas (permanent or holiday residence).
It can be divided into 79 plots of 1000 m2 each, with each plot having the potential to develop a villa or villas of 340 m2 + basement (total building capacity of 26,860 m2 for housing).
In this case, 50% of the plot goes as a land contribution to the Municipality for the creation of common areas.

The land is also eligible for the development of a five-star hotel, for which there has already be done a preliminary study. In this case, it is possible to build a hotel of 14,220 m2 plus 7,110 m2 of cave buildings.

The property is free of weights and there are all forestry and archeology approvals, soil engineering study, traffic connection (needs renewal) and everything else required.

The international airport of Heraklion is a 45-minute drive from this property.

Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion.
Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round.
Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.
The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.

  • 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