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Invest on Land in CreteReference No : #03-1223
Location : Greece :: Crete :: Chania :: Municipality of Kandanos-Selino
Category : Invest on Land
 
For investment purpose - 3.000.000mē located at the southwest tip of Crete, facing the Libyan Sea, and offering spectacular panoramic views of it...
 
 

The mainly rocky land sale is suitable for a high standards hotel with its own heliport, golf course, riding centre, agricultural development, car tracks as well as convention centre.
 
For 500.000mē of the entire land the permit of the forestry department is already approved, and for another 500.000mē the procedure is already commenced.
 
Commercial Use of the building density :
 
Option 1 - using 500.000mē for tourist installation, with a ratio of 0,2, results in a total building density of 100.000mē
 
Option 2 - using 40% of the above mentioned building density (40.000mē) for the construction of residences, which can be sold immediately.
And - using 60% of the above mentioned building density (60.000mē) for the erection of a hotel, which could be sold after the first five (5) years of ownership.
 
These options will also apply to the other 500.000mē once the forestry permit is granted.

Paleochora is 77km from Chania on the road Chania - Tavronitis - Voukolies - Kandanos - Paleochora. The town of Paleochora is behind the castle on a small peninsula. There are also many Byzantine churches in the area. Although it is rapidly growing as a tourist centre, it still retains much local colour. The main street is shut off to traffic during the summer evenings and the restaurants and activities of the town extend into the street. On both sides of the peninsula there are public beaches that have long, wide stretches of sand. There are also many hotels and restaurants of all classes. Paleochora can be a base for many excursions in the area around.
Price (Euros) 8700000
Build area (mē) 100000
Land area (mē) 3000000
By sea yes
Sea View yes
Outskirt Village yes
On Hill yes
Distance to airport, km 88
Town Distance, km 77
Contact us - Main office
Contact us - Main office



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Detailed Images

Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
Invest on Land in Crete
Aspects of the land :: Invest on Land in Crete
 
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