Located in Ierapetra.
This plot of land is 17.683 m2 in size, divided into 4 separate plots.

So the possibilities here are great.
It is allowed to build a total of about 600 m2 (incl. basement) on each plot. On each of the four plots you can build about 200 m2 of cave building, about 200 m2 of ground floor building (in front and above the cave building) plus 200 m2 of basement under the ground floor part.
It is also possible to obtain an EOT tourist development license for this land to build a small hotel or tourist apartments of up to 3530 m2.

All buildings on this site will have fantastic panoramic, uninterupted sea and island views.
The land is situated just above a quiet beach near the village of Kavousi. This beautiful traditional village is a 25 minute drive to Agios Nikolaos or 15 minutes to Ierapetra. The sea, mountain and island views from this land are just spectacular. There is road access and water and electricity lines are nearby.

Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 45 mins away from the international airport of Heraklion.

Geographically the town is well protected from strong winds allowing sea sports and swimming nearly all year round.

Although Agios Nikolaos has a population of less than 20,000 it has several banks, supermarkets, shops of every kind, doctors, a modern hospital of high standard, public swimming pool and tennis courts, yacht marina, harbour, cinema, theatre, gyms, a 9-hole golf course, schools ranging from nurseries to 6-level high school and generally all the amenities you would expect to find in a modern European town.

The microclimate is one of the best in Greece and the moderate temperatures rarely exceed 30c in summer or fall below 15c in wintertime. This wonderful dry climate together with the natural beauty of the area has attracted most of the high class hotels of Greece to operate here.