Parcel for Sale

Seafront Paradise for Luxurious Hospitality Development in Panormo, Rethimnon Prefecture, Crete Discover the epitome of coastal elegance with this exceptional seafront plot spanning 23,230 sqm, situated just a 15-minute drive from the charming town of Rethimnon in Crete. Boasting mesmerizing panoramic views of the azure Mediterranean Sea, this prime location offers an unparalleled opportunity for the development of a world-class luxury hotel unit. Key Features: Prime Location: Nestled along the pristine coastline of Crete, this seafront plot enjoys a privileged location, providing easy accessibility to Rethimnon while maintaining a serene and exclusive atmosphere. Breathtaking Views: Wake up to the gentle lull of the waves and witness stunning sunsets over the horizon. The unobstructed sea views create a picturesque backdrop, setting the stage for an unforgettable guest experience. Expansive Size: Spanning an impressive 26,230 sqm, the plot offers an extensive canvas for the creation of a luxury hotel unit. There is ample space for landscaping, recreational facilities, and other amenities to enhance the overall guest experience. Development Potential: The plot is strategically designed for a maximum building footprint of 4,700 sqm, providing an ideal canvas for crafting a sophisticated and spacious luxury hotel. Architects and developers will find this canvas ripe for creating an architectural masterpiece. Convenient Access: A mere 15-minute drive from Rethimnon ensures that your future guests will have easy access to the town's historic charm, vibrant culture, and modern conveniences. The distance from Heraklion International Airport is 65km. Investment Opportunity: With the tourism industry on the rise in Crete, seize the opportunity to invest in a property that combines natural beauty with strategic location, ensuring a sound return on investment. Development Possibilities: • Luxury Hotel • Exclusive Resort • Wellness Retreat • Boutique Accommodations Envision the creation of a luxurious haven where guests can indulge in the tranquility of the sea, relish exquisite accommodations, and create unforgettable memories. This seafront plot is not just an investment; it's an invitation to redefine the standards of hospitality in the heart of Crete. Serious inquiries and private viewings are welcomed. Contact us today to unlock the potential of this unparalleled seafront gem!