For development Fenced Frontage Flat

Plot with Panoramic View for Sale in Vasileias, Heraklion Basic Information Plot area: 1,228 sq m Possibilities for building a house up to 400 sq m Facade on an asphalted road Within a city plan Just 15 minutes from the center of Heraklion Altitude 330 m. above sea level Unobstructed view from three sides due to a privileged amphitheatrical location Sales Price 180,000 € Location The property is located in Vasileias, Heraklion, in one of the most qualitative and sought-after residential areas of the city. It is located within the school district of Vasileias Primary School, one of the most notable schools in the area. Distances: 7 minutes from the Archaeological Site of Knossos 10 minutes from the University Hospital of Heraklion (PAGNI) 12 minutes from the port of Heraklion 15 minutes from Heraklion Airport Within walking distance there are traditional taverns and mini markets, ensuring a comfortable everyday life. Additional Advantages All utilities are located within the boundaries of the plot (water, electricity, telecommunications). Building factor: 0.40 Coverage rate: 40% Maximum permitted height: 8.5 m. The plot is ideally suited for the construction of up to three modern residences, constituting an excellent investment opportunity. Indicative Development Scenarios Residential Development and Sale 3 residences of 130 sq m Estimated construction cost: €490,000 Estimated sale price per residence: €350,000 Touristic Operation (Airbnb) 3 residences of 130 sq m Upgraded construction of high standards Estimated daily income: €180 – €250 per residence Estimated occupancy: 80% Potential gross annual income: €60,000 – €80,000 Conclusion This is a rare plot of land with excellent views, direct access to the city and significant development prospects, either for a high-standard private residence or for investment development with particularly attractive returns.