Hillside development plot close to the sea
This property offers a unique opportunity to acquire a large land plot on one of the most visited Greek Islands. The great development potential of the land is supported not only by its location, but also by the unique natural environment and the physical characteristics of the property.
The property is a land plot of c. 103,650 sqm, located near the village of Paleloni in Crete. The land follows the slope of a small hill, neighbouring a beautiful gorge. Half of the property (c. 52,000 sqm) has been characterized as forest land from the relevant authorities, while the other half (c. 52,000 sqm) could have tourist or residential uses. Its size and location allow for diverse development potential, including a settlement of luxurious holiday villas or even a hotel, while the sloping ground offers magnificent panoramic sea views to the Aegean.
Crete is the largest island in Greece, and the fifth largest one in the Mediterranean Sea. Here, the remnants of brilliant civilizations meet the island’s rich gastronomic culture with a background of glorious beaches, impressive mountainscapes, fertile valleys and steep gorges. Crete is, after all, a small universe teeming with beauties and treasures that need a lifetime to get uncovered. The property is located in the region of Chania, on the western side of the island. The Prefecture of Chania provides tourist services and activities of all kinds, satisfying all the choices, and is an area of unique natural beauty and traditional villages.