Asset & Investment Overview
Terraced hillside land above the Elounda bay in one of the Mediterranean's most established luxury hospitality micro-markets.
Investment Thesis
Prime location
Panoramic bay views in an internationally recognised luxury enclave.
Limited comparable supply
Very limited titled hillside land remaining with build capacity.
Development potential
Six villas across terraced platforms with minimal earthworks.
Demand fundamentals
Deep buyer pool anchored by established five-star hospitality.
Attractive entry basis
Entry below replacement value for equivalent view positions.
Clear development path
Straightforward permitting route under current zoning.
Experienced local partners
Cretan architect and contractor with luxury villa track record.
AegeanInvest alignment
€350k AegeanInvest co-investment alongside investors.