Plot for sale
€2,500,000
|
€76 per sqm
sqm
33000
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Seafront investment land of 33,000 sq.m. / 3.3 hectares for sale in Pachia Ammos, Ierapetra, Crete, in a privileged location with direct contact with the sea. The property is located outside the town plan and benefits from a rare seafront position, offering strong investment potential. One side of the land has frontage to the sea, while the rear side has access from an agricultural dirt road, which connects to the National Road at a distance of approximately 200 m. The land is mainly flat, with a slight slope at the point leading towards the beach, maintaining an open horizon and a distinctive natural setting. Due to the height difference at the seafront edge, access to the beach requires proper configuration, such as steps. The location combines natural surroundings, seafront character and strategic access to important destinations in eastern Crete. It is approximately 20 minutes from Elounda and approximately 40 minutes from Kastelli Airport. Clean ownership titles are available, along with a Forestry certificate and Archaeology certificates. The coastline and beach boundary have been officially determined. Key features: - Land area: 33,000 sq.m. / 3.3 hectares - Sale price: €2,500,000 - Location: Pachia Ammos, Ierapetra, Crete - Position: Seafront - Distance from the sea: 0 m - Frontage: To the sea and to an agricultural road - Access: Via agricultural dirt road, connecting to the National Road in approximately 200 m - Land morphology: Mainly flat, with a slight slope towards the beach - Distance from Elounda: approximately 20 minutes - Distance from Kastelli Airport: approximately 40 minutes - Ownership titles: Clean - Forestry certificate: Available - Archaeology certificates: Available - Coastline and beach boundary: Officially determined A property with strong investment character, suitable for buyers seeking a large seafront land asset in Crete, with rare natural features, clear legal background and future development potential.
Property details
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Property code
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Airbnb
A registration number can be issued and the property may be rented short term legally. However, if this property is actually used for the Greek Golden Visa route, it cannot also be used as a short-term Airbnb rental.
Golden Visa
This property meets the visa threshold for a high-demand area (Tier 1).
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.
Ierapetra is a municipality in Crete and the surrounding area with an area of 467.8 sq km. Average used price per sqm is about €1,664 with a gross yield of 5% On GREI there are 1 properties for sale in Ierapetra from a wide range of local agencies.
Key metrics
New price per sqm
-
Used price per sqm
€1,664
Monthly rent
€505
Gross yield
5.33%
Price list for municipality Ierapetra
Price per sqm
Total price
sqm
Used price per sqm
Monthly rent
10-39
-
€10
40-64
€1,550
€7
65-89
€1,579
€6
90-119
€1,688
€5
120+
€1,797
€5
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.
Property surroundings
This property is close to the sea.
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Neighborhood insights
Ierapetra Hospital Hospital is located in the neighborhood