Exceptional 6,721 sq.m. Flat Land for Sale in Picturesque Milatos, Eastern Crete 6721 sq.m.

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for Sale

Description

In a prime location in picturesque Milatos, an exceptional flat plot of land with a total surface of 6,721 sq.m. is offered for sale — a rare investment opportunity in the steadily developing market of eastern Crete.

Out of the total land size, 1,027 sq.m. fall within the settlement boundaries, ensuring immediate buildability with a building coefficient of 0.5 and 50% coverage allowance. The property offers a total building capacity of up to 800 sq.m. of main spaces, plus attic (loft) space, providing outstanding flexibility for the development of luxury residences, a villa complex, or a high-end tourism project.

The plot is completely flat, a highly desirable feature that reduces construction costs and allows maximum architectural freedom. Its generous overall size ensures privacy, spacious outdoor living areas, landscaped gardens, and the potential for multiple swimming pools and premium amenities.

Milatos is an authentic seaside destination with growing investment momentum. Known for its charming harbor, traditional waterfront tavernas, and crystal-clear waters, the area attracts buyers seeking both quality of life and strong long-term value. It is conveniently located close to Sisi and within easy reach of Agios Nikolaos, offering access to all key services and infrastructure.

This is a property with clear building terms, substantial development potential, and strong capital appreciation prospects — ideal for private use or a strategic real estate investment in one of Crete’s emerging coastal locations.

See other real estate sales in the Plat category

Quick Summary

Property Number:
5299
Property Status:
for Sale
Property Type:
Plat
Area:
6721
Price:
170.000   160.000
Location:
Lasithi, Dimos Agiou Nikolaou, Milatos

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Map

Property Cost & Taxes

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 € 160.000
Cost & Taxes (9%) € 14.400
Estimated Total Price € 174.400

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