Elounda, Lasithi, Crete, Greece

This unique property offers a rare expansive footprint in the prestigious Elounda region, totaling 40.252,92 sqm.

The estate is comprised of two strategically combined land sections (12.807,84 sqm and 27.445,08 sqm), providing a massive, contiguous base for a high-end signature project.

Unrivaled Building Capacity
With a building coefficient of 0,20 for hotel development, the plot yields a substantial 8.050 sqm of total buildable area.

This generous allowance supports a large-scale masterplan, comfortably accommodating a central reception hub, 155 hotel rooms (32-36 sqm each) and 10 expansive luxury villas (approx. 150 sqm each).

Architectural Advantage: Maximizing Surface Area
The plot's natural sloped terrain and East-facing orientation do more than just guarantee unobstructed panoramic views of Spinalonga and Mirabello Bay; they offer a distinct construction advantage.

The slope is perfectly suited for earth-covered (bioclimatic) buildings, which allows for additional buildable surface beyond the standard allowance, significantly increasing the project's total volume and environmental appeal.

Connectivity & Scope
Despite its vast, untouched natural landscape, the site is highly functional. It features dual-road access, including a direct path to the charming village of Plaka, ensuring efficient internal circulation and logistical ease.

Located just 400-500 meters from the sea, the scale of this plot represents one of the last remaining opportunities to develop a significant, private, and unencumbered landmark at the southernmost edge of Europe.

Key Investment Highlight

- Total Land Footprint: An expansive 40.252,92 sqm consisting of two unified parcels (12.807,84 sqm + 27.445,08 sqm).
- Prime Hospitality Capacity: A building coefficient of 0,20 allows for a total buildable area of approx. 8.050 sqm for hotel development.
- Strategic Masterplan Potential: Initial designs accommodate 155 hotel rooms and 10 private luxury villas, plus a central main building.
- Additional Buildable Surface: The sloped landscape is ideal for earth-covered architecture, providing a legal pathway to exceed the standard buildable square meters.
- Unobstructed 180° Views: The eastern orientation ensures every square meter of the development enjoys permanent views of Spinalonga Island and Mirabello Bay.
- Ready for Development: The property is free from forest or archaeological restrictions, significantly accelerating the project timeline.
- Superior Accessibility: Features dual-road access and is located just 400-500 meters from the coastline and the village of Plaka.
- High-Volume Tourism Anchor: Located near Spinalonga, which draws over 300.000 international visitors annually, ensuring consistent demand and high brand visibility.
- The Center of Greek Luxury: Situated in Elounda, the nation's premier luxury hub, surrounded by world-class 5-star resorts and high-net-worth infrastructure.
- Seamless International Access: Located 70 km from Heraklion International Airport and Port, providing direct year-round connections to major European cities.
- Strategic Location: Only 10 km from Agios Nikolaos, offering full urban infrastructure, a modern hospital, and a high-end yacht marina.
Full documentation is available for review. This is an immediate and seamless land transfer, with all legal and technical files finalized for a swift transaction.