Seafront land of 60,170 m2, 540m shoreline, suitable for hotel development

For Sale €3,500,000 - Hotels, Land
PLIST5 70170 m2 Build up to: 5876 m2Freehold sale - title deeds available

This large seafront plot with a shoreline of 540 meters, suitable for hotel development, is situated in a natural reserve area, facing a small island, near to the lovely tourist village of Istron, Kalo Horio, just 10 minutes drive from Agios Nikolaos.

The plot is 60,170 m2, of which 32,643 m2 has been cleared by the forestry commission.
It is possible to build 5 houses of 120 m2 each plus basement on this land.
Alternatively, a 4 or 5-star hotel resort with 265 beds or tourist apartments of up to 5876 m2 can be build on it.

The land is on a gently sloping hill overlooking the beautiful bay of Mirabello.
It is surrounded by virgin countryside and looks across to the magnificent mountains of Sitia.

Road access is good.
Water, electricity and telephone with broadband internet are present.

Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40mins 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 a 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 large 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.

Just a 45 minute drive to the international airport of Heraklion.

  • 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