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.




