Unique acreage in Plaka of Saint Nikolaos opposite the island of Spinaloga.
The plot under sale has a size of 42.000 sqm and is located in the famous fishing village ‘Psaroxori’ of Plaka in Saint Nikolaos, just opposite the island of Spinaloga. Plaka is only 5 km away from the famous touristic destination of Elounda where some of the most exclusive and expensive hotels of Greece are situated.
The process of the expansion of the town plan in the region is being completed. A part of the estate is located within the extended town plan. One the plan is approved and the roads are constructed, the area of the part of the plot within the town plan will be 11.775 sqm and will be distributed into 6 or 7 building squares with a building coefficient of 0,6. The remaining acreage which is located outside the town plan has an area of 21.360 sqm and can be divided into 5 plots or alternatively can be utilized as a single unit for the construction of a hotel unit.