Fantastic value for money – opportunity for prime investment near the famous lake of Agios Nikolaos.
Just a few meters from the lake of Agios Nikolaos, is a property that has huge potential! At present, it is made up of two plots, each with a house. Semi-detached. The one is a plot of about 113m2 with a house of about 60m2. The other is a plot of 84m2 with a house of about 56m2.
They can be renovated, or they can be demolished and replaced by a large house or apartment block.
Both plots add up to about 196m2. This is prime land with a high construction factor. In other words, one is allowed to build an apartment block of 3 or 4 floors (depending on the relevant studies) with a total size of about 420m2 plus basement and auxiliary areas.
The property is in an area that is a popular tourist location. The would-be apartments, especially the higher ones, would have an amazing uninterrupted view of the lake, port, and sea beyond,
![IMG_6687[1]](https://www.crete-homes.com/wp-content/uploads/2025/03/IMG_66871-300x108.jpg)
