Corner Plot of 1,200 sq.m. in Pangalochori, Rethymno
Location: Pangalochori, Rethymno, Crete
Plot Area: 1.200 sq.m.
Building Capacity: Up to 400 sq.m.
Property Description
Available for sale is an excellent, corner plot of 1,200 sq.m., which is located within the boundaries of the settlement in the picturesque Pangalochori, Rethymno. The property is even and buildable, offering the possibility of a large building area of up to 400 sq.m.
The plot is located in a very quiet spot, ideal for those seeking privacy and contact with the authentic Cretan nature, while at the same time it has very easy and comfortable access from an asphalt road. Due to its angular location, it offers great flexibility in the architectural design and location of buildings.
Use of Property
Its location makes the property an excellent choice for dual use:
For Owner-Occupancy: Ideal for creating a spacious permanent or holiday home with a large garden, swimming pool and complete tranquility.
For Tourist Exploitation: Due to the large build-up area, it is ideal for the construction of one or more luxury villas for rent, an investment with extremely high returns in the area of Rethymno.
Location, Nature & Distances
The plot is surrounded by the lush, typical Cretan landscape with its vast olive groves and low Mediterranean vegetation, offering a tranquil lifestyle away from the hustle and bustle, but next to all amenities:
Sea / Beach: Just 8 km. from the organized sandy beaches of the area (Sfakaki / Pigianos Kampos).
Rethymno Town: A few minutes drive (about 11-12 km) from the city center and the Old Town.
Heraklion International Airport (HER): About 73 km. (easy access via the National Road).
Chania International Airport (CHQ): About 80 km.
A few words about Pangalochori
Pangalochori is a traditional, quiet and beautiful settlement of Rethymno, built at an altitude that offers a wonderful view of the surrounding green nature and the endless blue of the Cretan Sea.
The village maintains its traditional character unchanged with the stone houses and the picturesque alleys, while it is surrounded by olive groves that create a unique microclimate of coolness and tranquility. Very close is the historic Arkadi Monastery and the village of Pigi, where one can find traditional taverns, mini markets, pharmacies and cafes for their daily needs. In recent years, Pangalochori has developed into one of the hottest destinations for the construction of holiday homes and luxury villas, as it perfectly combines isolation in the Cretan countryside with direct proximity to the sea and the city.
See other real estate sales in the Plat category
There are some extra costs that must be added to the price of the property.
These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.
The total value of the above is about 9% of the price of the property.
| Property Price | € 110.000 |
| Cost & Taxes (9%) | € 9.900 |
| Estimated Total Price | € 119.900 |
For more information about this property call us now on our office phone +30 210 220 5676.
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