PRIME INVESTMENT LAND 20,680 sq.m. ON VOAK HIGHWAY - EXCEPTIONAL VISIBILITY, € 1,000,000, 20,680 m²

  • Land Plot
Code 19826687
Price per m² € 48
Neighborhood Skaleta (Arkadi)
Zone Industrial zone
Building coefficient 0.9
Facade 1
Facade length 125
Coverage ratio 30%
Type Investment, Agricultural use
  • Distance from sea (m): 130
  • View
  • Slope: Plane
  • Facade length: 125
  • Orientation: North
  • Road type: Asphalt
  • Facade

PRIME INVESTMENT LAND 20,680 sq.m. ON VOAK HIGHWAY - EXCEPTIONAL VISIBILITY
Description:
Ideally located near the Skaleta area, in one of Crete’s most strategic locations. This property boasts a massive 125-meter frontage directly on the National Highway (VOAK), offering maximum commercial exposure and effortless accessibility.

Key Features:

Location: Directly on the VOAK (National Highway), eastbound (towards Heraklion).

Total Surface Area: 20,680 sq.m.

Composition: Comprised of four (4) adjacent land plots of equal size (5,168.42 sq.m. each).

Permitted Land Use: Ideal for the construction of commercial, professional, or industrial buildings, showrooms, retail stores, offices, or residential complexes.

Strategic Advantages:

Unrivaled Exposure: Thousands of passing vehicles daily, making it a perfect spot for businesses requiring high brand visibility.

Proximity to Infrastructure: Just a "stone's throw" from the Hellenic Mediterranean University (HMU), the PAGNI General Hospital, and the Estavromenos interchange.

Excellent Accessibility: Direct connection to the Port and the Airport of Heraklion.

This is a rare investment opportunity in an area with rapidly increasing real estate value.

Building Regulations & Specifications
1) For Industrial Buildings:
The building terms for industrial installations are defined as follows:

Setbacks: Minimum distance of 10 meters from the property boundaries.

Coverage Ratio: Maximum 30% of the total surface area.

Building Height: Maximum of 3 floors with a maximum height of 11 meters (measured from natural or finished ground level).

Floor Area Ratio (FAR): 0.9.

Volume Coefficient: 3.3.

Multi-structure allowance: Permission to construct more than one building on the plot.

2) For Office & Retail Buildings:

Total Build Area: For buildings intended for office or retail use, the total surface area across all floors may not exceed 600 sq.m.

3) For Residential Use:

For plots up to 4,000 sq.m.: Building coefficient of 0.18.

For plots from 4,000 sq.m. to 8,000 sq.m.: 186 sq.m. plus (Total plot area - 4,000) × 0.018.

Building Height/Floors: Maximum of 2 floors.

Coverage Ratio: Maximum 10%.

Key Notes for the Buyer:
The fact that the property is split into four adjacent plots allows for greater flexibility in building permits and potential separate exploitation.

The 125-meter frontage is a massive advantage for any commercial endeavor requiring high visibility on the busiest highway of Crete.

PRIME INVESTMENT LAND 20,680 sq.m. ON VOAK HIGHWAY - EXCEPTIONAL VISIBILITY



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