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Prime Development Plot in Plaka – Hotel or Luxury Villa Complex

€1,750,000

Description

A rare investment opportunity in the heart of the highly sought-after village of Plaka, Apokoronas. This 4,895 m² plot offers spectacular views of the sea and the White Mountains and is just 1 km from the sandy beach of Almyrida.

The land features a gentle slope toward the sea, ideal for a step-style hotel design, ensuring unobstructed sea views from every room. It is quietly located yet just a short walk from the village center with its tavernas, cafés, and shops.

Development Options:

  • Hotel complex of up to 1,773 m², or

  • 4 luxury tourist villas totaling 2,076 m² of buildable area.


Hotel Project – 3-Star with 4+ Star Services

Project Highlights:

  • 9 independent buildings, harmoniously integrated into the landscape

  • 28 guest rooms (56 beds):

    • 7 rooms with private pools

    • 5 rooms with shared pools

    • 16 standard rooms

  • Room size: approx. 35 m² each

  • Reception and common areas designed to emphasize aesthetics, water features, and landscape integration

Amenities:

  • Central restaurant-bar: 65 m² indoor + 40 m² sea-view terrace (65 seats)

  • Pool bar: 12 m²

  • 11 outdoor pools: Total 348 m²

  • 2 decorative water pools: 79 m²

  • Operational season: May 1 to October 31


Alternative Project: 4 Luxury Villas for Tourist Use

Each villa features a private heated pool with a waterfall effect and extensive indoor/outdoor living space.

Villa 1 – 564 m² total + 80 m² pool

  • Ground floor (282 m²): open-plan kitchen/living/dining, pantry, 5 en-suite bedrooms, guest WC

  • Basement (282 m²): gym, wine cellar, billiard room, hammam, shower, storage

Villa 2 – 522 m² total + 80 m² pool

  • Ground floor (201 m²): large open-plan living/kitchen, pantry, guest WC, 2 en-suite bedrooms

  • First floor (120 m²): 3 en-suite bedrooms with balconies

  • Basement (201 m²): gym, wine cellar, billiard room, hammam, shower, storage

Villa 3 – 519 m² total + 94 m² pool

  • Ground floor (297 m²): open-plan kitchen/living/dining, pantry, 5 en-suite bedrooms, guest WC

  • Basement (222 m²): gym, wine cellar, billiard room, hammam, shower, storage

Villa 4 – 471 m² total + 80 m² pool

  • Ground floor (270 m²): open-plan kitchen/living/dining, pantry, 5 en-suite bedrooms, guest WC

  • Basement (201 m²): gym, wine cellar, billiard room, hammam, shower, storage


This plot offers flexibility for both hospitality investors and high-end developers, with ready-to-build designs in place and proximity to one of Crete’s most desirable coastal villages.