59,745.94 sq.m. of Land | 137.76 m of Beachfront Frontage | Indicative Tourism Development Potential in the Region of 10,460 sq.m. | Expansion Potential to Nearly 100,000 sq.m. An exceptionally rare large-scale investment opportunity in Makry Gialos, Crete, occupying a privileged beachfront position and ideally suited to the development of a luxury hotel, 4- or 5-star resort, bungalow resort, wellness retreat, holiday residences or a fully integrated international-standard hospitality project. The existing property comprises several individual land parcels with a total area of 59,745.94 sq.m., representing nearly 60,000 sq.m. of land, according to the available topographic survey. The true investment strength of the property lies in its rare combination of substantial development scale, direct connection to the sea, extensive beachfront frontage, favourable topography and the opportunity to create a major tourism destination. Significant Hotel & Tourism Development Potential The property is particularly suited to large-scale hotel and tourism development. Based on a preliminary application of the general development coefficients applicable to qualifying tourism installations outside planning areas, the 59,745.94 sq.m. landholding corresponds to indicative tourism development potential in the region of 10,460 sq.m., provided that all requirements relating to buildability, permitted use, parcel consolidation and planning status are satisfied. Final development capacity must be confirmed by qualified engineers and the competent authorities. This scale provides the opportunity to create a genuine destination resort, rather than simply a small holiday accommodation development. Potential concepts could include: Luxury Beachfront Hotel 4- or 5-Star Resort Bungalow Village Luxury suites and independent holiday villas Boutique Hotel Wellness & Spa Resort Serviced Residences A main hotel complex combined with independent bungalows Large swimming pools and leisure areas Restaurants, bars and beach facilities Spa, wellness and sports facilities Extensive landscaped gardens Parking and all supporting resort infrastructure The size and configuration of the property make it particularly attractive to hotel groups, international developers, hospitality companies and investment funds. 137.76 Metres of Beachfront Frontage One of the property's strongest features is its direct connection to the sandy beach of Makry Gialos. The existing topographic survey indicates a total seafront frontage of 137.76 metres, providing nearly 138 metres of frontage towards the sea. Furthermore, an official land-classification document issued by the Lasithi Forestry Directorate states that part of the property has the sea as its western boundary, confirming its physical connection to the coastline. This exceptional frontage gives the property significant potential for the creation of a genuine beachfront resort, incorporating premium seaside accommodation, suites, bungalows, restaurants, lounge areas and leisure facilities, always subject to the applicable shoreline, coastal-zone and setback regulations. Extensive Development Land on Both Sides of the Road The property extends beyond its beachfront section. Part of the land is divided by the Makry Gialos – Goudouras municipal road, with a substantial development area continuing on the opposite side. This configuration offers exceptional flexibility for master planning. The seafront section could form the premium beachfront component of the investment, while the larger landholding across the road could accommodate the main hotel complex, bungalow villages, private villas and suites, swimming pools, landscaped gardens, restaurants, spa & wellness facilities, sports areas, parking and all supporting resort infrastructure. Sections Within Settlement Boundaries Another interesting characteristic is that the existing topographic survey identifies individual sections of the property located within settlement boundaries. These sections could represent an important factor in the overall planning and architectural strategy and should be assessed in detail according to the current planning status. Their presence within settlement boundaries is also referred to in an official document issued by the Directorate of Agricultural Development. Strong Technical & Administrative Documentation The property is supported by a substantial technical and administrative file, including finalised official classifications of significant sections as agricultural land, official documentation stating that the examined property is not located within a NATURA 2000 protected area, and certification indicating that it lies outside the nearest officially designated and delimited archaeological sites. In addition, a significant part of the land has an almost flat topography, an important advantage for a major hotel or resort development, providing greater flexibility for the positioning of buildings, swimming pools, landscaped areas and supporting infrastructure. Additional Land in the Region of 37,000 sq.m. Available from the Same Owners For investors seeking an even larger-scale development, there is a further strategically important opportunity. The same owners have an additional adjoining/continuous landholding in the region of 37,000 sq.m., which may also be considered for acquisition and incorporated into a broader investment. Combined with the existing 59,745.94 sq.m., the overall investment landholding could reach 96,746 sq.m., bringing the total estate close to 100,000 sq.m. A landholding of this scale creates the conditions for a genuine Integrated Resort Development, potentially combining a central luxury hotel, bungalow villages, independent luxury villas, suites, multiple swimming pools, restaurants, beach facilities, spa & wellness centre, sports facilities, extensive landscaped gardens and additional leisure infrastructure. Why This Investment Stands Out The property brings together an exceptionally rare combination of characteristics: 59,745.94 sq.m. of existing land Indicative tourism development potential in the region of 10,460 sq.m., subject to planning confirmation 137.76 metres of beachfront frontage Direct connection to a sandy beach Extensive development land on both sides of the road Almost flat topography across a significant part of the property Individual sections within settlement boundaries Strong technical and administrative documentation Finalised classifications of parts of the land as agricultural land Outside NATURA 2000 according to the available official documentation Outside the nearest officially designated and delimited archaeological sites according to the relevant certificate Additional land in the region of 37,000 sq.m. potentially available from the same owners Potential for an overall investment landholding approaching 100,000 sq.m. Ideally suited to a luxury hotel, beachfront resort, bungalow village, wellness destination or integrated hospitality development A Strategic Tourism Investment in Southern Crete This property should not be viewed simply as a substantial beachfront landholding. Its real value lies in the opportunity to create a complete tourism destination in Makry Gialos. The combination of nearly 60,000 sq.m. of existing land, 137.76 metres of beachfront frontage, significant potential tourism development capacity, direct connection to the beach, substantial technical documentation and the possibility of expanding the overall investment to nearly 100,000 sq.m. creates an exceptionally compelling proposition for the Cretan hospitality market. For a hotel group, international developer, hospitality company or investment fund seeking the scale required to create a significant beachfront destination, this represents a rare investment opportunity with substantial development and long-term value potential. An exceptional foundation for the creation of a major new beachfront hotel and