Building for Sale

For Sale Exclusively by Keller Williams Cretan Properties We are delighted to present an exceptional investment opportunity in the form of a tourist apartment complex located in the sought-after area of Ligaria, within the Malevizi Municipality, Heraklion, Crete. This property offers a unique combination of luxury, functionality, and breathtaking natural surroundings, making it ideal for a premium hospitality business or private ownership. Overview of the Property The complex is situated on an expansive 5,735 sq.m. plot, designed to maximize the panoramic, unobstructed views of the stunning coastline, including the beaches of Ligaria, Agia Pelagia, Made, and Mononaftis. The property comprises two independent buildings with a total built area of 705 sq.m., offering eight apartments — each with its own private swimming pool. Building 1: A Fully Operational Gem This building is fully completed, furnished, and ready for operation. It consists of three levels, with each level featuring an independent, luxury apartment. All apartments are thoughtfully designed with high-quality finishes and are accompanied by their own private infinity pools (25 sq.m. each). Layout Level 1 (Ground Floor): Spacious 132 sq.m. apartment 3 Bedrooms, 2 Bathrooms Large 60 sq.m. veranda offering ample outdoor space Includes a 22 m³ water tank Level 2 (Ground Floor): Comfortable 130 sq.m. apartment 3 Bedrooms, 2 Bathrooms Expansive verandas spanning 100 sq.m. Level 3 (Elevated Ground Floor): Cozy 72 sq.m. apartment 2 Bedrooms, 1 Bathroom Outdoor spaces include 70 sq.m. verandas and a 170 sq.m. private garden area with natural grass and a stylish 25 sq.m. aluminum pergola Additional Features: The building includes a shared outdoor BBQ and oven area for residents or guests to enjoy. Building 2: A Promising Development Opportunity This second building is in an advanced stage of construction, with structural work fully completed and a partially landscaped surrounding area. It offers the potential for five apartments and four private swimming pools, making it a versatile option for further customization. Layout Level 1 (Ground Floor): 85.90 sq.m. apartment with 2 Bedrooms, 2 Bathrooms, and a 22 m³ water tank 47.90 sq.m. apartment with 1 Bedroom, 1 Bathroom, and a modern kitchen/living area Includes an additional single-room space suitable for use as a reception or office Level 2: Spacious 83.90 sq.m. apartment with 2 Bedrooms, 2 Bathrooms, and 170 sq.m. verandas A smaller 47 sq.m. apartment featuring 1 Bedroom, 1 Bathroom, and a kitchen/living area Level 3: A 72 sq.m. apartment complemented by 70 sq.m. verandas for scenic outdoor living Additional Features: The second building also offers a shared BBQ area, and landscaping work, including fencing and greenery, has been carried out to a significant extent. Key Infrastructure Water Supply: The property is equipped with a legal borehole (100 meters deep) capable of supplying up to 250 m³ of water daily for irrigation and general use. Energy Efficiency Funding: A detailed proposal has been submitted for inclusion in the EU ESPA funding program, with a budget of €400,000 and a potential subsidy of 60% (€240,000). Investment Potential This property presents a rare and versatile investment opportunity, combining: High-quality infrastructure ready for immediate use or further development. Natural beauty and panoramic views, offering an exceptional experience for visitors or residents. Potential for future growth through the completion of Building 2 and additional enhancements. Whether you are seeking a lucrative hospitality investment or a prestigious private retreat, this property delivers on all fronts. Contact Information For further details or to schedule a private viewing, please contact us: Phone: +30 6945800030, +30 6974521524 Email: d.achlati@kwgreece.gr, m.lakiotaki@kwgreece.gr Website: kwcp.gr