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Sale, Land, Residential

IERAPETRA - MAKRIS GIALOS

Property Code: 470450

Area 11861 m²

1186100

or by acquiring a mortgage €/ΜONTH

100 € / m²

Modify Date: 19/12/25

Description

FOR SALE – LAND PLOT 11,861 sq.m. IN MAKRY GIALOS ONLY 500 m FROM THE SEA | PANORAMIC SEA & MOUNTAIN VIEWS** A prime land plot of 11,861 sq.m. is available for sale in the highly sought-after area of Makry Gialos, just 500 meters from the sea. The property enjoys unobstructed panoramic views of the sea and surrounding mountains, offering an exceptional natural setting with strong investment appeal. Its location makes it ideal for tourism development, including hotel units or tourist accommodations, with building terms depending on the type and use of the development (hotel or residential). It is also suitable for private residence development or agricultural use. Key Features: Total area: 11,861 sq.m. Distance from the sea: 500 m Panoramic sea & mountain views Open horizon, gently sloping terrain Multiple development possibilities Ideal for: Tourism investment (hotel development, villas, rental units) Luxury private residence Agricultural exploitation A rare opportunity in one of Crete’s most promising coastal areas, combining proximity to the sea, stunning views, and strong investment potential.

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Distance from the sea (m) :	500
Zone :	Outside the zoning area, Rural
Position :	Facade
Noise :	Quiet
Building :	Yes
Enclosure :	No
Facade street :	Asphalt
Transportation :	Bus
Building existence :	No
Depth :	1
View :	Sea, Mountain, Unlimited, Panoramic
Building width :	1
Building(s.m.) :	200

Building permission :	No
Good condition :	Yes
Number of facades :	1
Drilling :	No
Slope :	Level
Benefits :	Electric, Water, Phone
Urban condition :	Outside the zoning area
Building height :	7.5
Structure factor :	10
Cover factor :	10

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)

Loan Interest

Loan Repayment Period

Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500

Indicative Installment Amount

Interest Amount:

*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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