RENOVATION PROJECT WITH EXPANSIVE BUILDING POTENTIAL IN VLACHERONITISSA, CRETE – IDEAL INVESTMENT OPPORTUNITY

On the outskirts of the scenic village of Vlacheronitissa a renovation project with an attached building plot of 150 sqm is offered for sale at the price of 70,000 euros. The renovation project of 99 sqm can be rebuilt on the same lines as the existing structure. The attached plot of 150 sqm offers a building capacity of 150 sqm. Both properties are withing the settlement limits, which is the reason they have this substantial building capacity and no issue with the approval of building permits.

Together the two provide a capacity of 245 sqm. The plot enjoys proximity with the central square of the settlement, has electricity and water lines reaching both plots and most importantly enjoys an expanding view to the south of the lush countryside of Platanias with its green fields unfolding as far as the eye can see.

The renovation project can be sold individually for 45,000 euros and the plot for 25,000 although the two make more sense if joined together. The existing house would get an outdoor space or a space for a pool / garden, while it could increase the interior living space with a new construction.

The village of Vlacheronitissa is located just 25 km from the city of Chania and 9 km from the tourist hub of Platanias and 6 from the coastal village of Kolymvari. It is less than 4 minutes drive from the highway exit of Tavronitis. It is also 5 minutes from the beach of Maleme.

Recently the village of Vlacheronitissa has attracted a lot of investment due to its location and proximity, with dozens of holiday homes dotting its wider area. Most of them enjoy a fair piece of seaview due to the elevation of the ground around the village.