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Eleni Grigoriadou
Associate, RE Agency
Siteia, Lasithi, Crete
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Frontline marina mixed-use building with commercial showroom, apartments and redevelopment potential in central Sitia.
ID: 7193
FOR SALE
€2,100,000
1173m2 Size
Positioned directly on Sitia’s marina promenade, this substantial mixed-use building occupies a prime waterfront location in the commercial centre of the town, just 40 metres from the marina and 50 metres from the organised beach. Set on a 601 m² plot, the property combines large-scale commercial premises with residential accommodation, offering flexibility for investment, owner occupation or future redevelopment.
The commercial component extends across 3 levels with approximately 945 m² of internal space including storage and auxiliary areas. The layout provides large open-plan showroom areas, lift access, ventilation systems, fire safety infrastructure and multiple emergency exits, allowing continued commercial use or adaptation for retail, hospitality or mixed-use redevelopment.
The second floor incorporates three independent residential apartments totalling approximately 230 m². The principal apartment (125sqm) enjoys marina and sea views, spacious reception areas and a large veranda, while two additional apartments (75sqm & 30sqm) provide further residential or rental accommodation.
With its prominent marina frontage, mixed-use flexibility and structural potential for future expansion subject to permissions, the property represents a rare commercial waterfront asset within the Sitia market.
Located on the waterfront promenade of Sitia, within immediate walking distance of the marina, beach, cafés, restaurants and town amenities. Sitia is an emerging commercial and tourism hub in eastern Crete, supported by an active marina, passenger port and regional airport with year-round domestic connections.
The city of Sitia has 15,000 inhabitants, and the wider area it serves reaches approximately 30,000. It is an up-and-coming destination experiencing strong growth in both the tourist and commercial sectors.
The city features a passenger-commercial port with infrastructure for cruise ships, an organized marina for pleasure craft, active studies for the development of a seaplane water aerodrome, a diving park, and a modern airport operating domestic and international flights. Furthermore, it hosts a university department of Nutrition and Dietetics of the Hellenic Mediterranean University, alongside significant cultural and natural landmarks such as the Vai palm forest, the 14th-century Stavropegiac Monastery of Toplou, the Minoan Palace of Kato Zakros, the UNESCO Global Geopark, and the scenic Richtis and Zakros gorges.