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Crete, Heraklion, Greece

€950,000
Savills Hellas Ltd, Greece
SIZE

1,693,312 sq ft

157,314 sq m

Key features

  • Road access
  • Approx. 4,000 olive trees
  • 200 sq.m. residence
  • Non-forest designation
  • Multiple buildable parcels
  • Licensed water rights & borehole

Description

157,314 sqm olive estate with buildable parcels, water resources and development potential in Foinikia, Heraklion.



Further Information

A substantial 157,314 sq.m. certified organic olive estate in Foinikia, Heraklion, with approximately 4,000 mature olive trees, licensed water rights, a private 25-metre borehole and full irrigation infrastructure.


Beyond its established agricultural operation, the estate offers significant development potential, subject to planning and land-use approvals. Potential uses include residential and tourist residences, while hotel development allows a building coefficient of 0.18 for the first 50,000 sq.m., equivalent to approximately 9,000 sq.m. of building area. Commercial storage and industrial/light industrial uses are also permitted, subject to the applicable regulations.


The property also includes an approximately 200 sq.m. residence and traditional stone ruins with potential for restoration, subject to approvals.

Location

Located in Foinikia, the estate sits within easy reach of Heraklion city and the international airport, while maintaining a rural and productive agricultural setting. The wider area is well connected and benefits from strong year-round accessibility.

Directions
Heraklion Centre – 7 km (4 miles)
Heraklion Airport – 14 km (8 miles)
Kastelli Airport – 48 km (30 miles)
Rethymno – 80 km (50 miles)

Crete, Heraklion, Greece

Approximate location
Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Heraklion(International)
    6.3 miles
  • Sitia(Local)
    56.6 miles
  • Chania(International)
    57.4 miles

Advice on buying Greek property

Learn everything you need to know to successfully find and buy a property in Greece.

About Savills Hellas Ltd, Greece

Savills, 64 Louise Riencourt Str., Athens, Greece

About Savills

Savills plc is a leading international property services company with a full listing on the London Stock Exchange. The company has undergone dynamic growth in recent years establishing itself as a powerful player on the international stage with offices and associates throughout the UK, Europe, Asia Pacific and the US.

Savills Hellas Ltd. is one of the leading property services company in Greece. As of 1st May 1997, the Company is a full member of the Savills International Network. Savills Hellas Ltd. has undergone dynamic growth in previous years establishing itself as a powerful player on the local and regional property scene. Savills Hellas advises clients on commercial, residential, hotel and leisure properties. The team of the Greek office provides advice and support to help companies and investors to maximise the benefits and efficiency of their property investment.

We have extensive knowledge of both Greek and Balkan real estate issues coupled with advisory and implementation skills. Our services are focused on valuation and advisory services of all types of properties including residential properties (first and second homes), hotels, theme parks etc.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Savills Hellas Ltd, Greece (reference 6819) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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