80,000 sq.M. Land For Sale In Elounda

Lasithi Crete Greece

80,000 m²
1,000 m²
Listing ID: EU5947

Agios Nikolaos, Elounda, Area For Sale, 80,000 sq.m.

With Building 1000 sq.m., View: Unlimited, Features: Buildable, Investment, Tourist exploitation

The plot is located just outside the town of Agios Nikolaos, in eastern Crete. It is five minutes by car from the center of Agios Nikolaos and the center of Elounda. The location of the plot is amphitheater on a hillside, with a spectacular bird’s eye view of the town of Agios Nikolaos and the entire bay of Mirabello.

The plot is located in an area where “private urban planning” is allowed and approved by the state authorities. We have already started the private urban planning process by obtaining the initial permits (feasibility and environmental study, road connections, etc.) and the architectural study is underway.

The surface of the plot is 80,000 sq.m. today. After the completion of the urban planning, approximately 40% of the plot will proceed to the construction of roads and common areas and 60% will remain for the construction of the villas and houses.

This means that 48,000 sq.m. they will have the permission to build 11,520 sq.m. of buildings, as well as terraces, as well as basements. This leads to 100 to 120 houses, depending on the architectural design.

Property Features
  • Land
  • Land is 1,000 m²
  • Floor Area is 80,000 m²
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