# Prime Residential Plot with Approved Building Permit for Two Luxury Villas with Private Pools – Arkadi, Rethymno, Crete An exceptional investment opportunity in the sought-after area of Arkadi, Rethymno. This level, fully buildable residential plot is situated within the village boundaries and comes with an **approved building permit**, allowing the immediate construction of **two contemporary detached villas**, making it an ideal choice for investors, developers or private buyers seeking a premium project in Crete. The plot offers a building capacity of up to **400 sq.m.**, a **60% building coverage ratio**, and a maximum permitted building height of **7.5 metres**. The approved architectural plans include: **Two detached two-storey villas**, each comprising: **Ground Floor** * Open-plan living and dining area with modern kitchen * One spacious bedroom * One bathroom **First Floor** * One master bedroom * One bathroom Each villa also features a **private swimming pool measuring 3.5 × 8.0 metres (27 sq.m.)**, creating the perfect setting for luxury holiday rentals or exclusive private residences. The property enjoys an excellent location close to beautiful beaches, supermarkets, restaurants, cafés, local amenities and the National Road, offering convenient access throughout Crete. **Distances** * 7.5 km from Stavromenos * 18 km from the centre of Rethymno * 77 km from Heraklion International Airport * 85 km from Chania International Airport This is a rare opportunity to acquire a development-ready property with planning permission already in place, significantly reducing both the time and cost required to commence construction. Whether your objective is to create two high-end holiday villas, generate an attractive rental income, or develop premium residences for resale, this property offers outstanding investment potential in one of Crete's most desirable locations. **NOVESTA – REAL ESTATE • INVESTMENTS • CONSTRUCTION** **Mobile:** +30 694 731 2713 **Office:** +30 2825 181231 **Email:** info@novesta-crete.com **Website:** http://www.novesta-crete.com