for sale
€580,000
|
€3 per sqm
sqm
177000
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By submitting this form, you accept our Terms of Use and Privacy Notice.Property description
In Eastern Crete, in the area of Sitia, an amphitheatrical land plot / estate of 177,000 sq.m. is offered for sale, enjoying sea views. The land is located outside the town plan and has been officially cleared as non-forest land. According to a document issued by the Forestry Service, the property does not include any forest-designated section. Access is provided via an asphalt road, while the property is located approximately 7 km from Sitia and 7 km from a beach in the area. The property is registered with the Hellenic Cadastre, supporting a clear and well-organized ownership profile. Due to its size, location, amphitheatrical morphology and sea views, the land represents an attractive opportunity for agricultural, investment or tourism-related use, subject to the applicable planning regulations and land-use provisions. Size: 177,000 sq.m. Selling Price: €580,000 Price per stremma: approximately €3,276/stremma
Property details
sqm
Price per sqm
Property code
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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.
Key metrics
New price per sqm
-
Used price per sqm
€1,401
Monthly rent
€397
Gross yield
6.18%
Neighborhood insights
Sitia Hospital Hospital is located in the neighborhood
Property surroundings
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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.
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 9 properties for sale in Sitia from a wide range of local agencies.
