Land Plot for Sale

An excellent investment plot in Bali Rethymnon.
The particular plot for sale is a huge 18,000 sq.m., sloping, overlooking the beautiful bay of the tourist resort of Rethymno located a few kilometers north. The size of the plot allows for building either 438 sq.m. in the case of a housing complex or a villa, or 3,240 sq.m. in the case of a hotel unit. The property is located close to the main road which provides easy access to all nearby locations and facilitates transportation.
There is also the possibility of selling the adjoining plot, thus creating an area with a total size of 27,000 sq.m. with the possibility of building a total of 5,200 sq.m.
In this case, the two lands together are sold at the price of 1,300,000 euros.
The wider area has been an ideal tourist destination in recent decades, one of the most popular in Crete. The unique view and slope of the plot allow for the creation of an excellent tourist accommodation that can be a stable source of income for many years for the buyer/investor.