MALEVIZI - PALEOKASTRO
Property Code: 516789
Prime 44.5-Acre Land Plot in Paleokastro, Crete An exceptional investment opportunity is now available in the sought-after area of Paleokastro, Municipality of Malevizi, Crete. This expansive land plot spans a total area of 44,461.85 sq.m., offering a unique blend of privacy, scale, and strategic location near Heraklion. Technical Specifications & Development Potential: The property is legally buildable and meets all requirements for development. Situated outside the city plan and settlement boundaries, it offers a tranquil environment for high-end projects. The maximum permitted building area is 300 sq.m., with a coverage ratio of 10% and a maximum building height of 7.5 meters (allowing for a two-story structure). Key Investment Highlights: Clear Status: Technical due diligence confirms the absence of forestry protected areas (Forestry: NO) or water streams (Stream: NO) on the site. Strategic Location: Positioned at "Patitra" or "Gialia," the plot boasts excellent coordinates for panoramic views and immersion in the Cretan landscape. Development Ready: The land is currently unstructured and comes with updated topographic plans (as of late 2022), facilitating a smooth transition to the design and permitting phase. Whether you are looking to develop a private luxury estate or a boutique agrotourism project, this vast plot provides the canvas for a signature development in one of Greece’s most popular island destinations.
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| Distance from the sea (m) : | 100 |
| Depth : | 200 |
| Zone : | Residential zone |
| View : | Sea, Mountain |
| Position : | Facade |
| Building width : | 355 |
| Building existence : | No |
| Building(s.m.) : | 360 |
| Energy Class : | F |
| Good condition : | Yes |
| Building height : | 7.5 |
| Slope : | Incline |
| Structure factor : | 0.08 |
| Cover factor : | 0.1 |
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
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