Overview
- Hotel
- 540 m²
- 16598 m²
- 17
- 11
- 16
- Under construction
Description
This unfinished holiday apartment building of 540 m² enjoys sea views and a prime location just 2.3 km from the north coast of Crete, near the traditional village of Angeliana and the seaside resort of Panormos.
Positioned in a sought-after area east of Rethymno, it presents both lifestyle appeal and strong investment potential.
The property stands on a generous plot of 16,598 m², with a total permitted building capacity of 3,320 m² plus basement (subject to a tourist development license). This allows for the construction of an additional 2,780 m² of hotel facilities or holiday apartments and suites, making the site ideal for expanding into a full-scale tourist development.
The existing ground-floor building includes:
- Two apartments with 4 bedrooms each, all bedrooms with en-suite WC, plus a master bathroom, corridor, and open-plan kitchen, dining, and living area.
- One apartment similar in layout, but with 3 bedrooms instead of 4.
- A 44.15 m² reception area.
- Three common WCs, one designed for accessibility.
- A 30.25 m² common breakfast room.
The design also provides for three private swimming pools of approximately 42 m² each, one serving every apartment.
Details
Updated on February 12, 2026 at 9:19 pm- Property ID EU-2829113
- Price €780.000
- Property Size 540 m²
- Land Area 16598 m²
- Bedrooms 17
- Rooms 16
- Bathrooms 11
- Property Type Hotel
- Property Status For Sale
- Condition Under construction
- Ref. number RMA-HT1
Address
Open on Google Maps- Address: Panormos, Greece
- Zip/Postal Code: 74052
- Country: Greece
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