Plot, 1153 sqm, Arkalochori

Investment opportunity in Arkalochori, Heraklion. This 1,153.66 sq.m. plot is strategically located in one of Crete’s emerging growth areas, benefiting from proximity to the upcoming New International Airport of Kasteli, a landmark infrastructure project expected to boost investment activity, tourism, business development, and demand for residential and commercial properties throughout the region.

The property has a building coefficient of 0.8, allowing approximately 922.93 sq.m. of total buildable area. This substantial development capacity offers excellent flexibility for a variety of investment projects, including a residential complex, apartment building, office premises, mixed-use development, boutique hospitality project, or a combination of residential and commercial uses, subject to applicable planning regulations.

Its strategic location, generous building potential, and proximity to one of Greece’s most significant infrastructure developments make it an attractive proposition for investors and developers seeking long-term capital appreciation and future income-generating opportunities.

Offered at €120,000, this property presents a compelling opportunity to acquire development land in an area expected to experience sustained growth in the coming years.