Land for sale in Eleytherios Venizelos, Chania

€ 25,000,000*

Mun. unit of El. Venizelos, Chania, Crete

The plot is on a slightly sloped hillside, in the southern edge of Chania city. It is a luxury property, which has views over Chania and at the same time is visible from almost every area around the city. The entire plot has been designated as farm land by the forestry department and a large part of about 162,000 m² is in the city planning zone. This part includes 124 plots for residential use, which can be built with floor area ratio of 0.5. They have cover rate of 30% and an area of about 500 m². Approximately 1,000 m² are provided for commercial purposes while the part of the land that is not in the city planning zone can be divided into smaller sections, with a minimum area of 4,000 m² each one and with a maximum allowed buildable area of 200 m².

The property has very good access to the city center and is very close to the junction of the highway to Chania-Rethymnon. It has a frontage on an asphalt road and slight slopes on its largest part, which makes easy any kind of construction. It is a very good investment with great potential in the future. It currently constitutes a unique option for a large-scale residential development, in a short distance from the center of Chania.

DOCUMENTATION & STATUS

✓Cadastre registration status: ready for transfer