Building for Sale

Ierapetra-Katharades, South East Crete: Just 250m from the beach, the property is 214m2 divided into 5 independent houses of approximately 40m2 each plus a small common area on a plot of approximately 3400m2. It has its own water supply, electricity and TOEB/irrigation water meter for irrigation water. The plot is airy with 45 meters of frontage on the Ierapetra-Sitia provincial road and approximately 170 meters back on a community road, it has both mountain and sea views, and includes 70 olive trees and pine-planted gardens. The property is 250m from the sea and on a long beach (about 2Km) under development, as it is located directly opposite the 5* hotel Numo Curio Collection by Hilton and 500m from the 4* Ostria Beach Resort. It is located 2.5 km from the Great Beach in Koutsounarii and 4.5 km from the city of Ierapetra. On the property there is a fully renovated and furnished house of 40m2 with modern aluminum/reclining/screens, water tank, solar water heater (Maltese) and two A+ air conditioners. Additionally included is an active small-scale renovation license transferable for immediate use, and there is also a mature investment plan for the tourism development of 4 key rooms (to possibly seek debt financing). Nevertheless, the building can also be configured as a country house with the appropriate architectural plan as needed, as the properties are in a single complex. The property does not carry any debts and there is the possibility of small changes before the finalization depending on the use that will be of interest to the future buyer.