Excellent choice for investment and tourism development on Crete, € 360,000, 355 m²

For sale is a residential complex totalling 355 sq. m., complete with a 40.85 sq. m. swimming pool. The property is situated on a 1,393 sq. m. plot filled with olive groves, fruit trees and flowers. Consisting of six independent residences, each with a kitchenette, bathroom, air conditioning and private balconies or terraces, the property can accommodate up to 24 people in total.

A licence from the Greek National Tourism Organisation (EOT) permits commercial use of the property.

The courtyard is a unique space combining entertainment, relaxation and tradition — ideal for group experiences and creating unforgettable moments in nature.

There is a spacious outdoor relaxation area with stunning views of nature by the pool.
Thanks to its location and proximity to amenities, the city, and Heraklion Airport, the property is an excellent choice for investment and tourism development.

The complex is located in a traditional Cretan village at the foot of Mount Psiloritis, 25 km from Heraklion. The village is characterised by cobblestone alleys and stone-built houses, and has an authentic Cretan atmosphere. The local population is primarily engaged in agriculture and the cultivation of olives, as well as the production of traditional goods such as honey and raki.

The location is ideal for hikers and nature lovers, as there are trails in the surrounding area leading to gorges, caves and picturesque chapels. The village has retained its traditional character and offers visitors a sense of authentic Cretan hospitality and tranquillity away from the crowds.
Key points of interest include the old church, traditional coffee shops and local festivals, which are mainly held in the summer and are filled with music, dancing and Cretan delicacies. The central square of the village is just 100 metres from the complex.

The plot area is 1,393.51 sq. m. and it is located within the boundaries of the Municipality of Malevizi settlement. In accordance with current urban planning regulations, it is a full-sized lot and has become buildable following the cession of a 42.29 sq. m. portion, which has increased the width of the public road to 2.00 m.
There are no overhead high-voltage power lines or natural gas pipelines passing through the property.
A two-storey building with a total area of 355.86 sq. m and a 40.85 sq. m swimming pool have been constructed on the plot.
The building is fully compliant with all legal requirements and ready for immediate purchase. However, it requires renovation.

The above information is provided by the property owner, which is subject to any typographical errors or price change by him. Pursuant to law 4072/2012 it is necessary to provide your ID and TAX NUMBER which must be indicated in the DEMONSTRATION AGREEMENT.
The indication on the map shows general area in which the property is located. For any further information do not hesitate to contact us.