Unique seafront hotel development land, couth coast of Crete

For Sale €737,000 - Land
PLKN2 21983 m2 Build up to: 4397 m2Freehold sale - title deeds available

Unique and rare seafront building plot of 21,983 m2, nicely positioned at the western edge of the village of Kalo Nero, between Makrygialos and Goudouras, at the south-eastern coast of Crete.

With a shoreline of about 70 meters, the land enjoys unobstructed views of the sea in front and the mountains behind.

It is possible to get a tourist development license for this plot in which case a hotel or holiday apartment complex of up to 4397 m2 can be built.

Alternatively, it is allowed to build individual houses / villas of up to a total of 760 m2, built on either one or two floors, plus basement and attic.
Plenty of area would be left to make swimming pool(s), terraces, pergolas, parking space, garden, tennis court etc.

The land has road access and electricity, water and phone lines with internet are present.

There is a small beach right in front of the land and two more small beaches in the nearby village.
The nearest organized beach is a 15-minute walk / 2-minute drive away.

The tourist resorts of Analipsi and Makrygialos that offer shops for all basic needs and other amenities are about a 5-minute drive away.

Less than a 2-hour drive to international airport of Heraklion and about 45 minutes to the smaller airport of Sitia.

  • 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