5,350 sq.m. Investment Plot in Agia Paraskevi, Rethymno

Located in the quiet and steadily expanding enclave of Agia Paraskevi in North Rethymno, this expansive 5,350 sq.m. parcel presents exceptional flexibility for private residential development or high-yield commercial investment.

The property blends the peaceful atmosphere of the Cretan landscape with immediate accessibility to northern coastlines, organized beaches, and the municipal center of Rethymno.

Zoning and Development Scope

  • Commercial Capacity: Allows for up to 1,200 sq.m. of construction, making it an outstanding candidate for a boutique hospitality development, holiday rental complex, wellness retreat, or commercial enterprise.
  • Residential Potential: Features a 220 sq.m. residential building allowance, ideal for an expansive private villa surrounded by generous landscaped grounds, private pool facilities, and outdoor recreation areas.
  • Strategic Position: Situated in a developing district that benefits from open countryside surroundings while maintaining straightforward road connectivity to coastal amenities and everyday conveniences.