Prime Land for Sale in Milatos, Crete – Unmatched Investment Opportunity with Sea View Potential

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for Sale

Description

In a prime location in picturesque Milatos, a sloping plot within the settlement boundaries is offered for sale — ideal for a high-spec private residence or a profitable investment project.

Milatos, a charming seaside village on the island of Crete, is an authentic yet steadily emerging destination in Eastern Crete. Known for its quaint harbor, renowned seaside tavernas, and crystal-clear waters, the area offers exceptional quality of life along with increasing demand for holiday homes and boutique tourist developments. Located just a short drive from the cosmopolitan Sisi and approximately 30 minutes from Agios Nikolaos, it perfectly combines privacy, natural beauty, and convenient access to organized amenities.

Thanks to its sloping morphology, the plot enjoys elevated positioning and the potential for unobstructed views, making it ideal for an impressive architectural design with split levels, expansive terraces, and generous outdoor living areas. With a building coefficient of 0.5 and 50% coverage allowance, it offers the opportunity to develop a spacious residence or luxury villa with swimming pool and landscaped surroundings. The maximum permitted building height is 7.50 meters, and a loft (attic space) is also allowed, adding further flexibility and architectural value.

Being located within the settlement ensures direct buildability and easy connection to utility networks. All legal documentation is fully prepared and in place, allowing for a smooth, secure, and immediate transfer.

This is a property that combines location, views, clear building terms, and strong development potential — an excellent opportunity for both private use and strategic investment in an area with steadily rising demand.

See other real estate sales in the Plat category

Quick Summary

Property Number:
5294
Property Status:
for Sale
Property Type:
Plat
Price:
96.000   90.000
Location:
Lasithi, Dimos Agiou Nikolaou, Milatos

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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 € 90.000
Cost & Taxes (9%) € 8.100
Estimated Total Price € 98.100

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