Investment Opportunity: 2000 sq.m. Apartment Complex with Panoramic Views in Elounda
Lasithi, Dimos Agiou Nikolaou, Agios Nikolaos
For sale
Seafront apartment complex is for sale in an exceptional location, situated between the cosmopolitan resort of Elounda and Plaka, offering panoramic views over the Bay of Elounda and the historic island of Spinalonga. Specifically, the property is located just 1.8 km from Elounda, in a beautiful setting on the road to Plaka, 11 km from Agios Nikolaos and 76 km from the International Airport of Heraklion. The complex is set on a plot of approximately 16.900 m² and comprises 35 fully equipped tourist apartments, with a total built area of approximately 2.000 m² and accommodation capacity for up to 94 guests. The apartments are furnished and feature kitchenettes, air conditioning, and private balconies or terraces with unobstructed sea views. The complex also includes a 52 m² swimming pool and a caf? conveniently located next to the pool. In addition, the new owner may have the possibility of obtaining a license to create a small beach area directly in front of the property, with sunbeds and umbrellas for guests. A further significant advantage is the potential to expand the existing building by approximately 370 m², allowing for the addition of approximately 8 new apartments, each measuring around 45-50 m². This is a highly attractive investment opportunity in one of Crete's most sought-after tourist destinations, offering a unique seafront location, strong tourism appeal, and significant potential for further development.
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