Lygaria, Crete, Address available on request

This property is a rare opportunity to acquire a complex of six unfinished villas located in the scenic area of Agia Pelagia, Heraklion, on the island of Crete. The complex is situated on four contiguous plots with a combined area of 20,353.55 sq.m. The development potential of this property is significant, with valid building permits in place for three of the plots.

Property Details
Total Area: 20,353.55 sq.m.
Plot A: 6,341.81 sq.m.
Building Permit: 287/2009
Development: One residence totaling 466.38 sq.m.
Plot B: 4,657 sq.m.
Building Permit: 340/2009
Development: Three residences totaling 408.58 sq.m. (118.84 sq.m., 129.74 sq.m., and 160 sq.m.)
Plot C: 5,055.47 sq.m.
Building Permit: 291/2009
Development: Two residences totaling 398.89 sq.m. (200.38 sq.m. And 198.51 sq.m.)
Plot D: 4,299.27 sq.m.
Status: Undeveloped, designated as forest land.
Development Specifications
Hotel Development Requirements:
Minimum Required Area: 20,000 sq.m.
Coverage: 20% of the total area, equating to 4,070.71 sq.m.
Buildable Area: 3,663.63 sq.m.
Permits: Existing permits for plots A, B, and C have exhausted the allowable building coefficient, coverage, and semi-outdoor spaces.
The current state of the buildings includes completed bearing structures and walls, providing a solid foundation for further development.

Additional Features
Proximity to Agia Pelagia Village: The property is close to the charming village of Agia Pelagia, known for its beautiful beaches, traditional taverns, and a range of tourist amenities.
Scenic Location: Nestled in an amphitheatrical bay, the property offers stunning views and easy access to multiple beaches, including the main beach of Agia Pelagia and smaller, more secluded beaches.
Agia Pelagia  A Thriving Tourist Destination
Agia Pelagia is a picturesque seaside village on the northern coast of Crete, approximately 23 km northwest of Heraklion city and 25 km from Heraklion International Airport. The village is renowned for its scenic bay, sandy beaches, and vibrant tourist infrastructure. The area has seen significant development over recent decades, attracting visitors with its natural beauty and historical sites.

Historical Significance: The village is named after the church of Agia Pelagia, with ruins of the Monastery of Sebbathiana nearby. The area is also close to late Minoan tombs and the ancient city of Apollonia.
Tourist Amenities: Agia Pelagia offers a variety of dining options, bars, cafes, shops, and boutiques. The area is perfect for visitors looking for both relaxation and exploration.
Beaches: The main beach of Agia Pelagia is the most popular, but there are several other beaches nearby, including Lygaria, Mononaftis, Made, Psaromoura, and Ammoudi, each offering unique experiences and varying levels of seclusion.
Nearby Attractions
Minoan Palace of Knossos: A short drive away, this archaeological site offers a glimpse into ancient Minoan civilization.
Heraklion Archaeological Museum: Home to extensive collections of Minoan artifacts.
Traditional Villages: Nearby villages such as Ahlada, Fodele, Rogdia, and Anogeia offer authentic Cretan experiences and stunning landscapes.
Mount Ida (Psiloritis): The highest peak in Crete, offering hiking opportunities and panoramic views.
Investment Opportunity
This property offers a unique investment opportunity in a prime tourist destination. The existing building permits and significant development potential make it ideal for a hotel, resort, or luxury villa complex.

Contact Information
Price: 4,500,000
Contact: Keller Williams Cretan Properties
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