The Elounda Panorama: Unobstructed Sea Views & Scale In Crete’s Most Exclusive Enclave

This unique property offers a rare expansive footprint in the prestigious Elounda region, totaling 40.252,92 sqm.

The estate is comprised of two strategically combined land sections (12.807,84 sqm and 27.445,08 sqm), providing a massive, contiguous base for a high-end signature project.

Unrivaled Building Capacity
With a building coefficient of 0,20 for hotel development, the plot yields a substantial 8.050 sqm of total buildable area.

This generous allowance supports a large-scale masterplan, comfortably accommodating a central reception hub, 155 hotel rooms (32–36 sqm each) and 10 expansive luxury villas (approx. 150 sqm each).

Architectural Advantage: Maximizing Surface Area
The plot’s natural sloped terrain and East-facing orientation do more than just guarantee unobstructed panoramic views of Spinalonga and Mirabello Bay; they offer a distinct construction advantage.

The slope is perfectly suited for earth-covered (bioclimatic) buildings, which allows for additional buildable surface beyond the standard allowance, significantly increasing the project\’s total volume and environmental appeal.

Connectivity & Scope
Despite its vast, untouched natural landscape, the site is highly functional. It features dual-road access, including a direct path to the charming village of Plaka, ensuring efficient internal circulation and logistical ease.

Located just 400–500 meters from the sea, the scale of this plot represents one of the last remaining opportunities to develop a significant, private, and unencumbered landmark at the southernmost edge of Europe.

Key Investment Highlight
- Total Land Footprint: An expansive 40.252,92 sqm consisting of two unified parcels (12.807,84 sqm + 27.445,08 sqm).
- Prime Hospitality Capacity: A building coefficient of 0,20 allows for a total buildable area of approx. 8.050 sqm for hotel development.
- Strategic Masterplan Potential: Initial designs accommodate 155 hotel rooms and 10 private luxury villas, plus a central main building.
- Additional Buildable Surface: The sloped landscape is ideal for earth-covered architecture, providing a legal pathway to exceed the standard buildable square meters.
- Unobstructed 180° Views: The eastern orientation ensures every square meter of the development enjoys permanent views of Spinalonga Island and Mirabello Bay.
Ready for Development: The property is free from forest or archaeological restrictions, significantly accelerating the project timeline.
- Superior Accessibility: Features dual-road access and is located just 400–500 meters from the coastline and the village of Plaka.
- High-Volume Tourism Anchor: Located near Spinalonga, which draws over 300.000 international visitors annually, ensuring consistent demand and high brand visibility.
- The Center of Greek Luxury: Situated in Elounda, the nation’s premier luxury hub, surrounded by world-class 5-star resorts and high-net-worth infrastructure.
- Seamless International Access: Located 70 km from Heraklion International Airport and Port, providing direct year-round connections to major European cities.
- Strategic Location: Only 10 km from Agios Nikolaos, offering full urban infrastructure, a modern hospital, and a high-end yacht marina.
Full documentation is available for review. This is an immediate and seamless land transfer, with all legal and technical files finalized for a swift transaction.