Sea Front Plot in Kasteli For Sale Exceptional Investment Opportunity

For sale, unique sea front plot in Kasteli with a total area of ​​10,043 m2. It is a unique investment proposal. Maximum building allowance 800 m2 for residences and 1.600 m2 for a tourist development.

Description

For sale, beautiful sea front plot in Kasteli with a total area of ​​10,043 m2. It is a unique investment proposal for the building either luxury residences or for tourist development. The plot has excellent access as it has a 140 meter frontage on the National Road and a 20 meter frontage on the coastal road.

  • Prime Sea-Front Location: This plot offers unparalleled views and access to the sea, perfect for luxury residences or a high-end hotel.
  • Development Potential:
    • Residential Construction: Up to 800 m² of residential development space, ideal for luxury villas, apartments, or holiday homes.
    • Hotel Development: Up to 1,600 m² of hotel space, providing a remarkable opportunity for a boutique or larger hotel project catering to the growing demand for high-quality accommodations.

Investment Highlights:

  • High Demand Area: Kasteli is rapidly becoming one of the most sought-after destinations for both residents and tourists, providing excellent potential for rental income or resale.
  • Tourism Growth: The area is experiencing growth in tourism, making it an ideal location for a hotel investment.
  • Flexibility: The plot offers the flexibility for both residential and commercial (hotel) development, making it suitable for various investor profiles.

Details

Property code: CAV-209522

Plot size: 10043 m2

Allowed build: 800 m2

Price: 1,200,000€

Availability: For Sale


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