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Beachfront land for sale in Crete

Beachfront land for sale in Crete SKU :#13-338
Price : € 3700000,-
Location : Greece :: Crete :: Rethymno :: Municipality of Agios Vassilios
Category : Invest on Land

Beachfront land for sale in Crete, This magnificent land of 50.747m benefiting from a sea frontage of 130m at one of the most beautiful beaches in Crete, and a high building capacity of 10.000m, is definitely a diamond in the rough!


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The location fulfills all the specifications set by hoteliers in relation to its distance from points of interest relevant for the creation of touristic developments...

This flat plot of land for sale is ideal for tourists uses / hotels and comes with a buildable area of 10.000m (Ratio = 0,2).

This location has a 6 month long touristic season and for this reason it is a very popular destination for north European tourists.

Summary of location specs:
  • It can allow the development of a 200 room unit
  • It is close to a residential settlement (Plakias 5 min)
  • It is less than 60min from the town of Rethymno (37km)
  • It is less than 90min from Chania airport
  • It has a 130m frontage on a sandy beach
  • It is located on an area with quality tourism
  • It is close to areas of touristic interest (Moni Preveli, Agia Galini)
  • It is on the part of Crete with the longest touristic season
  • It has a building coefficient of 20%
  • It has the size of 50.747m

Concept #1 - HOTEL
Due to the sea frontage (130m), the monopolistic location and size of the property and the adequate inclination and orientation, the property is ideal for the development of a hotel with the following specifications:

Size: 10.000 m
Number of rooms: 200

It is very difficult to find plots with appropriate specifications for the development a hotel of such a size (10.000m). It is a location with all necessary characteristics (beauty, one of the most beautiful beaches on the island, 5 minutes from a tourist settlement - Plakias) to turn into a tourist destination on the most visited island of Greece.

Concept #2 - APARTMENTS (LONG-TERM LEASED)
Considering the increasing strong demand during the last decade from North-Europeans for second home in major tourist destinations in Greece, a complex of rooms / apartments under a long-term lease contract would be an alternative development concept with the following specifications:

Total Size: 10.000m
Number of rooms / apartments: 130 - 180
Size per room / apartment: 40-100m

The southern part of Crete will be the next hot spot of the island for second-home developments since the northern part is over-developed, and the apartments that will be developed could be massively sold to North-Europeans.

The time-sharing model could also be applied to this concept.


Location:


Rethymnon South coast includes many small villages along the narrow mountain road. The area is rugged and original, but the hospitality is true Cretan and never fails!


Price (Euros) 3700000
Build area (m) 10000
Land area (m) 50747
By sea yes
Sea View yes
Mountain View yes
Distance to airport, km 90(Chania)
Town Distance, km 37

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Beachfront land for sale in Crete
Beachfront land for sale in Crete
   

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