€250.000

Approved Development Plot with Building Permit for 6 Villas – Falassarna, Chania

Located in one of Crete's most renowned coastal destinations, this 1,155 sq.m. development plot offers an exceptional opportunity for residential or tourism investment in Falassarna, Chania.

Situated within the settlement boundaries and only 1,000 metres from the famous Falassarna Beach, the property combines an excellent location with one of its most significant advantages: an approved building permit for six independent residences of 100 sq.m. each.

Unlike a typical development plot, this property is offered with a fully approved project, allowing the new owner to proceed directly to construction without the lengthy permitting process. For developers and investors, this represents a substantial saving in both time and development costs.

Property Details
Location: Falassarna, Chania
Plot Size: 1,155 sq.m.
Building Capacity: 600 sq.m.
Building Permit: Approved
Approved Project: 6 Independent Villas (100 sq.m. each)
Planning Status: Within Settlement
Distance to Falassarna Beach: 1,000 metres
Road Access: Asphalt Road
Utilities: Water & Electricity available adjacent to the property
Price: €250,000
Development Potential

The approved architectural study includes the construction of six contemporary independent villas, each designed with approximately 100 sq.m. of living space, making the project suitable for:

Boutique holiday villas
Luxury short-term rental development
Hospitality investment
Private residential development
High-yield tourism project

The combination of a prime location and an approved permit allows construction to commence immediately, significantly reducing the development timeline.

Location

Falassarna is internationally recognised for its crystal-clear waters, expansive sandy beaches and outstanding natural landscape. The area has become one of the strongest emerging investment destinations in Western Crete, attracting both private buyers and international developers seeking premium coastal properties.

The property enjoys convenient asphalt road access while maintaining a peaceful setting only minutes from the beach, restaurants and local amenities.

Included with the Property

The sale includes the complete approved development package, allowing the new owner to proceed directly to construction.

✔ Approved Building Permit
✔ Complete Architectural Plans
✔ Site Layout (Masterplan)
✔ Full Development Study
✔ Ready for Immediate Construction

Investment Advantages
Immediate project implementation with no permitting delays
Significant savings in time, licensing procedures and development costs
Excellent opportunity for boutique hospitality or luxury villa development
Located in one of Crete's fastest-growing investment destinations

Key Features

✔ 1,155 sq.m. Development Plot

✔ Approved Building Permit

✔ Approved Project for 6 Independent Villas

✔ 600 sq.m. Total Building Capacity

✔ Within Settlement Boundaries

✔ 1 km from Falassarna Beach

✔ Asphalt Road Access

✔ Water & Electricity Adjacent to the Property

✔ Immediate Development Potential

Price: €250,000

For further information, architectural plans or to arrange a viewing, please contact Verus Real Estate.