Seafront holiday apartment complex (94 beds) in the prime tourist resort of Elounda, Crete

For Sale Price on request - Hotels
HTEL11 2000 m2 35 Bedrooms 36 Bathrooms Plot size: 16930 m2Energy Rating: Z (estimated) Freehold sale - title deeds available

Set right on the coast, between the luxury resorts of Elounda and Plaka Elounda.

This complex of 35 tourist apartments (2000 m2 in total) is built on a plot of 16,930 m2 and can sleep up to 94 people.
The apartments are equipped with furniture, kitchenettes, air conditioning and balconies or patios with panoramic views over the bay of Elounda, overlooking the historical Spinalonga Island.

The resort features a swimming pool of 52 m2 and an open cafe-bar next to the pool.

The owner can aquire a license to form a little beach right in front of the property where sunbeds and umbrellas can be placed for the guests.

It is possible (allowed) to expand the existing complex by another 27 two-bed bungalows/apartments, each 50 m2 in size (1360 m2 in total).
It is also possible to further expand by aquiring additional land next door which is available for sale as well.

The Elounda area is the Number One destination in Greece for A-class tourists.
Although the area is thriving in the tourist market it is not easy to get a license for a new hotel, this makes this sale a great opportunity for a sound investment.

The nearest beach is just in front of this property, across the road.
The popular coastal tourist town of Elounda is approx. 1 km away.
Agios Nikolaos, the province capital of Lasithi is approx. 10km from here.
The international airport of Heraklion is 60km (approx. a 1-hour drive) from here.

Elounta was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi).

  • 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