Iraklion, Iraklion, Crete, Greece

Plot of 580 sq.m. located in one of the most prime and commercial areas of Heraklion, Crete. The property features three frontages, two of which are on major, central, and highly busy roads of the city, offering excellent visibility and direct access.
Its location is a key advantage, combining strong commercial activity with constant foot traffic, while being just a 5-minute drive from the city center. This makes it ideal for both commercial and residential development, with easy access to all essential infrastructure and services.
The plot is perfectly suited for the development of ground-floor retail spaces, taking full advantage of the high exposure and traffic of the area, while also allowing for the construction of residential units on the upper floors. This creates the opportunity for a modern mixed-use building, combining commercial spaces with residential apartments.
It has a building coefficient of 1.8 and a coverage ratio of 70%, offering significant development potential and flexibility in design, meeting a variety of investment needs.
An excellent investment opportunity with multiple development options and high return potential, located in one of the most dynamic and rapidly growing areas of Heraklion.