Chania, Crete | Greece

Status:

In recent years, Crete has emerged as one of the most dynamic markets in the Mediterranean region, with strong real estate activity, significant infrastructure development, and growing interest from international buyers.

The Chania area, combining history, culture, and some of Greece’s most beautiful beaches, is characterised by high demand for new properties and a shortage of modern supply—creating an attractive environment for real estate development and investment.

The tax framework for the activity is managed with the guidance of the national firm Artzi, Hiba, Cohen – Tax Solutions Ltd., which specialises in advising Israeli investors on overseas real estate activities.

Project Scale

2 Buildings

Property Type

Residential

Project Duration

3 Years years

Project Area

8,560 sqm

Skalidi Project – New Urban Development in the City Centre

Construction of a modern seven-storey boutique building on land acquired in the heart of the city. The project will include 15 functional apartments, ranging from 27 to 40 sq m, as well as a strategically located commercial unit on the ground floor. The total built area will be approximately 560 sq m.

Skalidi Street is Chania’s main and most vibrant commercial thoroughfare, home to flagship stores of leading international brands and located near Zara. Vacant land available for ground-up development in this area is extremely rare. The location benefits from steady year-round pedestrian traffic and consistently strong demand from both local residents and tourists. A supply of entirely new-build compact apartments in the heart of the historic and commercial centre is expected to support a rapid sales pace and high liquidity.

Plaka Complex, Chania – Luxury Sea-View Villas

Development and construction of an exclusive, spacious villa complex on an existing 8,000 sq m plot with completely unobstructed views of the Mediterranean Sea.

The project includes the construction of 14 detached units, each measuring approximately 100 sq m and featuring a private swimming pool.

Plaka, in the Apokoronas region, is considered one of the leading luxury areas along the Chania Riviera. The land is situated on an elevated hillside overlooking Souda Bay, just minutes from the golden beaches of Almyrida. The location enables the development of a private gated complex offering complete privacy and spectacular panoramic views, while remaining within immediate reach of traditional tavernas and a short drive from central Chania. Newly built villas with private pools in this area are highly sought after by premium European travellers and affluent holiday-home buyers.

Important Disclaimers

The information presented on this page is general in nature only and does not constitute an investment offer, investment marketing, investment advice, or an invitation to participate in any venture.

All information, including building areas, specifications, and plans, consists solely of preliminary planning estimates and may change in accordance with planning requirements, engineering constraints, and commercial considerations.

Any engagement or consideration of an investment opportunity, should one be offered, will take place only on the basis of complete official documentation and in accordance with applicable law.

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