Plot for sale
€140,000
|
€140 per sqm
sqm
1002
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We will forward your request to the listing publisher and they will get back to you soon
Your details will be shared with Creta service so they can contact you about this property.
By submitting this form, you accept our Terms of Use and Privacy Notice.Price list for municipality Sitia
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
€1,100
€9
40-64
€1,326
€7
65-89
€1,404
€5
90-119
€1,424
€5
120+
€1,545
-
Prices do not represent ground floor or basement apartments, which are often lower by tens of percent. This list is not an official source or a substitute for professional advice.
Neighborhood statistics reflect listings collected up to December 2025. They are not updated in real time and may not reflect current prices or availability.
Neighborhood statistics reflect listings collected up to December 2025. They are not updated in real time and may not reflect current prices or availability.
Key metrics
New price per sqm
-
Used price per sqm
€1,401
Monthly rent
€397
Gross yield
6.18%
Property surroundings
This property is close to the sea.
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Sitia is a municipality in Crete and the surrounding area with an area of 699.0 sq km. Average used price per sqm is about €1,401 with a gross yield of 6% On GREI there are 12 properties for sale in Sitia from a wide range of local agencies.
Property description
Prime Investment Opportunity in Makry Gialos – Two Building Plots with Sea Views, Only 5 Minutes’ Walk from the Beach A highly attractive investment opportunity in Makry Gialos, offering an excellent combination of strong building potential, unobstructed sea views and one of the most important features for the international property market in Crete: the beach is only approximately 5 minutes away on foot. Available for sale are two independent adjoining building plots, each measuring approximately 1,000 sq.m. The plots may be purchased separately or together, giving buyers and investors complete flexibility depending on the scale of the project they wish to develop. Selling Price: €140,000 per plot Each plot offers a residential building allowance of approximately 400 sq.m., subject to the applicable planning regulations and final architectural design. If both adjoining plots are purchased together, the total land area reaches approximately 2,000 sq.m., with a combined residential building potential of approximately 800 sq.m. An Excellent Opportunity for Investors & Developers The possibility to acquire one or both plots creates several attractive investment strategies. A buyer may purchase one plot and develop a private villa, a small complex of holiday residences or rental properties. Alternatively, the two adjoining plots can be acquired together to create a larger and more substantial residential or tourism-oriented development, while still retaining the advantage of two separate independent properties. This flexibility makes the opportunity especially appealing to developers, investors and international buyers looking for a project with multiple future options. Only 5 Minutes’ Walk from the Beach One of the strongest advantages of these plots is their exceptional proximity to the sea. The beach can be reached in approximately 5 minutes on foot, an increasingly valuable feature for holidaymakers and international property buyers. For a tourism-related development, walking distance to the beach can significantly increase the attractiveness of the finished properties, strengthen rental demand and enhance their future resale potential. Guests and owners can enjoy easy access to the sea without depending on a car, making the location ideal for holiday villas, rental apartments and tourist accommodation. Unobstructed Sea Views The elevated position of the plots provides beautiful open and unobstructed views towards the Cretan Sea. This combination of sea views and walking distance to the beach is particularly desirable and creates excellent potential for designing residences with large terraces, private pools and outdoor living areas overlooking the sea. Ideal Development Options The plots are particularly suitable for: Independent luxury villas with private pools Holiday homes for international buyers Short-term rental residences Rental apartments or rooms Boutique tourism accommodation Small residential development Construction and future resale of individual properties A larger investment project if both plots are purchased together Flexible Purchase Opportunity Each plot is available independently at €140,000. Investors therefore have the option to acquire: One plot of approximately 1,000 sq.m. with approximately 400 sq.m. residential building potential or Both adjoining plots, creating approximately 2,000 sq.m. of total land with approximately 800 sq.m. combined residential building potential. The two plots can remain legally and functionally independent, offering additional flexibility for future development, operation or resale. A Strong Investment Proposition in Makry Gialos Properties that combine substantial building potential, unobstructed sea views and genuine walking distance to the beach are increasingly difficult to find in coastal areas of Crete. For an investor, the opportunity is particularly interesting because it offers several possible exit strategies: construction for rental income, development and resale, creation of holiday residences, or acquisition of both plots for a larger tourism or residential project. With the beach only approximately 5 minutes away on foot, impressive sea views and the possibility to purchase one or both plots, this is a compelling opportunity for international investors seeking a development project in one of Crete’s attractive coastal destinations. Selling Price: €140,000 per plot Available for purchase separately or together.
Property details
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Airbnb
A registration number can be issued and the property may be rented short term legally.
Golden Visa
This property does not meet the threshold for a Golden Visa in Greece.
Disclaimer: This property assessment is calculated automatically from available listing data and is only an estimate. It does not guarantee actual eligibility or licensing outcome and should be verified with local counsel and the relevant authorities.
Airbnb
Short-term rental is allowed subject to AMA registration. Note: new Golden Visa properties in Greece are broadly barred from Airbnb.
Golden Visa
The investment threshold is EUR 800,000 for a single property of at least 120 sqm. Long-term rental only (no Airbnb).
Disclaimer: Regional information is indicative only, may change, and should not be treated as legal, regulatory, tax, or investment advice. Please verify with the relevant authorities.
Neighborhood insights
Sitia Hospital Hospital is located in the neighborhood