73200 Investment Project 2 x 400sqm Villas with Pool
Situated in the best area in Chania, 3min from the main road connecting the international airport of Chania (5min drive) with the City of Chania (10min drive) and the port of Souda Bay (5min) drive overlooking Souda Bay with undistracted views to the white mountains (LefkaOri) on a plot with 100 olive trees you find a superb investment opportunity.
With building allowance for a total of 800 sqm living area, on a plot with 4000sqm, we can create for you 2 luxury Villas build on the highest quality standards for less than 2000 EUR/ sqm delivering the project within 8 months for a total amount of 1.800.000 EUR which equals a return of investment of over 50% with an worst-case estimate of 3.000.000 EUR value for the completed property while there are no Villas of that size and that build quality available below 4000EUR/sqm in Chania and the western part of Crete although demand has increased significantly due to the East-Med agreement, the upgrade of the nearby (5min drive) NATO Base in Souda Bay and yearly increasing rates for luxury tourism in Crete.
- ID: 3555
- Published: March 9, 2020
- Last Update: March 9, 2020
- Views: 25