Land Plot for Sale

Investment plot with a total area of 22,600 sq.m. located in the Gialia area, Heraklion, Crete. The property is situated on a sloped terrain with panoramic, unobstructed sea views, offering an ideal setting for the development of luxury tourist residences or a high-end hotel complex. The location is particularly advantageous, being just ten minutes from Lygaria Beach and five minutes from Palaiokastro Beach, with easy access to the road network and a short distance from Heraklion and the airport, enhancing the area’s potential for tourism and investment development. The plot offers significant development opportunities, as it can be utilized either for a set of four autonomous luxury villas or maisonettes with private pools, a complex of ten semi-underground residences with infinity pools, or a complete development of sixty semi-underground units with private plunge pools, in the form of a hotel structure. The terrain allows for high-quality architectural designs that harmonize with the natural environment, while the sloped position ensures panoramic views of the Aegean Sea from every point. The property is characterized by excellent orientation, absolute privacy, and unique views, making it ideal for the development of high-quality residences or tourist facilities. It represents a rare investment opportunity combining strategic location, substantial size, design flexibility, and immediate development prospects. It is suitable for tourism, vacation, or mixed-use purposes, offering a unique opportunity in rapidly developing northern Crete, where demand for luxury accommodations and modern resorts continues to rise. https://marketplace.theprosperty.com/listings/14188 ☎️ 210 6812500