£927,453

10 bed villa for sale

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£927,453

€1,100,000 (€98/sq. ft)

10 bed villa for sale

Ierápetra, Ierapetra, Lasithi, Crete, Greece

10 beds
10 baths
11,194 sq. ft

Local area information

Property location

Nearby amenities

Features and description

For Sale Panoramic Seafront Commercial Space – South East Crete | 1,040 sq.m.

We offer for sale an extraordinary commercial structure of 1,040 sq. M., built in a circular shape, directly overlooking the south-eastern coast of Crete. Situated on the first line of the sea, this property represents a high potential investment thanks to its uninterrupted view of the Libyan Sea and the multiplicity of uses it offers.

Property Features:

Total internal area: 1,040 m²Ground floor (595 m²): Event area with central stage, bar area, space for food preparation, large guest areasBasement – Part 1 (150 m²): Toilet area with multiple WCs, large professional kitchen for cateringBasement – Part 2 (300 m²): 4 large independent warehouses, with independent access from the external parkingPlot area: 5,064 m²Ample parking space for numerous vehiclesDirect access to the coast with breathtaking views

Current Use:

Currently used for private events, ceremonies, weddings and receptions, thanks to the versatile structure, the scenic context and the large spaces available.

Development Possibilities:

Change of intended use: It is possible to legally convert the property into a residential one and transform it into a one-of-a-kind luxury villa, with private access to the seaComplete renovation: Maintaining the circular architectural footprint to create an exclusive and iconic homeDemolition and new construction: Possibility of building from scratch (with a smaller size than the current one), designing a boutique resort, a residential complex or a customized villa

Competitive Advantages:

Exclusive seafront location in one of the most authentic and quiet areas of CreteLarge built surface area - advantage compared to current building regulationsEasy accessibility and excellent visibility for commercial activitiesIdeal for investors in the hospitality sector or for those who want a unique and scenic residence

A property with a strong personality, perfect to become a symbol of elegance and uniqueness on the Cretan coast. Ideal for entrepreneurs in the tourism sector or for those who dream of living in style in front of the sea.

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  1. Zoopla
  2. Overseas
  3. Greece
  4. Crete
  5. Lasithi
  6. Ierapetra