Description:

Photos speak for themselves; these sea views are just unbelievable!

Flat and easy to handle for 2.000.000m² and slightly slopping for the rest surface, this piece of paradise is excellent for investment, as it has a frontage of 1.600m to the crystal blue sea from which the highest point is set at 510m. The frontage to the paved road is 1.000m.

Clear for the forestry department for 350.000m², the unique land comes with a ratio of 0,10 for residential use and 0,20 if someone wishes to use it commercial.

Therefore, 35.000m² are at your disposal for the construction of ultra luxury villas ideally used to generate a great income by leasing them, or 70.000m² for the construction of an outstanding 5***** hotel enjoying the sea breeze from all its points.

Kept in its natural state, this property has plenty of privacy as located in a secluded area, but yet just 1,8km from the picturesque village of Zakros, with the best of sea vistas.

The commercial value is set at 11.000.000 Euros while the objective value is 25.800.000 Euros. A unique opportunity for a unique buyer!

Nowadays it is really difficult to find this kind of land for a still reasonable price. Because the whole area is developing rapidly you will have a really good appreciation for many years. Grab this chance!

With power and water at a close distance, this property is ready to fulfill your investment plans.

Well appointed at a truly magical place, this seafront land offers you some of the best locations in Crete and that rarely come to market.


Location

The village of Zakros lies at the East-End of Crete, at the bay of Zakros, approx. 42km from Sitia. The bay is very well protected from most winds and the only reason that it remained a small place is because of the Minoan palace of Zakros, which was discovered in 1961 by the Greek archaeologist N. Platon and is still not fully excavated. Nowadays in Kato Zakros live a few people, occupying with farming, and fishing - besides some taverns and bars available for the visitors.


Why Greece?

* It has strict build density regulations, which will avoid major developments in future and thus overbuilding
* Only 3½ hours from London and many European cities making it a viable weekend break holiday destination
* Voted by the Lonely Planet Guide 2010 as one of the top 10 countries in the world to visit

Price (Euros) 11000000

Build area (m²) 35000 / 70000

Land area (m²) 3118440

By sea yes

Sea View yes

Mountain View yes

Distance to airport, km 80

Seaport Distance, km 40

Other Distance 1,8 (Zakros & Medical Centre)