A plot of 762 sq.m. is available for sale within the extension of the new city plan of Ierapetra, in the location of Tziveri, with a frontage of 20 meters on the city's ring road. The plot has a building capacity of 610 sq.m., it is plane with flat surface and is suitable for a multi-storey building with a maximum height of 12 meters, which makes it ideal for residential use or investment. The plot is located in a quiet area, 300 meters from the sea and approximately 900 meters from the town center, close to schools and shops, while the area is expected to develop further in the coming years. It is a unique opportunity to acquire a plot of land with excellent development prospects within the new city plan. Department stores, shopping centers and of course residences with the possibility of building a private residence such as a Villa or a residential complex are allowed in the area and it is an excellent investment property. Its prime location offers easy access and high visibility, making it an excellent choice for those looking for a property in a developing area. The sales price for this exceptional property is 280,000 euro. It consists of two vertical properties of 381 sq.m. each with street frontage and there is also the option of selling the two vertical properties separately at the price of 150,000 euro each.