East Crete investment land. ID 33-118

Account Deactivation: Your account will be immediately marked as inactive and you will be logged out.
Admin Review: A deletion request will be created for admin review. The admin team will process your request within 7-14 business days.
Data Retention: Some data may be retained for legal and compliance purposes as required by law.
Property Listings: All your property listings will be removed from public view immediately.
No Recovery: Once the deletion is processed by admin, this action cannot be undone and your account cannot be recovered.
Communication: You will receive an email confirmation once the deletion process is complete.

Zakros 723 00, Greece

€1,000

Description

East Crete investment land, 3.118.440m² of unspoilt land surrounded by spectacular sea scenery; this one of a kind is just perfect for your development ideas in one of the most rapidly developed areas on the beautiful island, Crete... Photos speak for themselves; these sea views are just unbelievable! Flat and easy to handle for 2.000.000m² and slightly slopping for the rest surface, this piece of paradise is excellent for investment, as it has a frontage of 1.600m to the crystal blue sea from which the highest point is set at 510m. The frontage to the paved road is 1.000m. Clear for the forestry department for 350.000m², the unique land comes with a ratio of 0,10 for residential use and 0,20 if someone wishes to use it commercial. Therefore, 35.000m² are at your disposal for the construction of ultra luxury villas ideally used to generate a great income by leasing them, or 70.000m² for the construction of an outstanding 5***** hotel enjoying the sea breeze from all its points. Kept in its natural state, this property has plenty of privacy as located in a secluded area, but yet just 1,8km from the picturesque village of Zakros, with the best of sea vistas. The commercial value is set at 11.000.000 Euros while the objective value is 25.800.000 Euros. A unique opportunity for a unique buyer! Nowadays it is really difficult to find this kind of land for a still reasonable price. Because the whole area is developing rapidly you will have a really good appreciation for many years. Grab this chance! With power and water at a close distance, this property is ready to fulfill your investment plans. Well appointed at a truly magical place, this seafront land offers you some of the best locations in Crete and that rarely come to market.