An exceptional investment opportunity on the southern coast of Crete: a 32,564 m2 seafront plot with direct frontage of 114 meters along the Libyan Sea, ideally suited for premium hotel or resort development. Strategically located just 5 minutes east of Ierapetra, the largest town in southern Crete, the property offers uninterrupted sea views and excellent accessibility. Development Potential * Eligible for a tourism development license * Permitted buildable area: up to 6,500 m2 + basement * Ideal for hotel, resort, or holiday apartments * Ample space for swimming pools, landscaped gardens, terraces, parking, children’s play areas, sports courts, and other leisure facilities Infrastructure & Access * Asphalt road access directly to the property * Utilities available on site: electricity, water, telephone, and internet connections Location Highlights * Nearest beach: within 200 meters * Ierapetra town: 4 km / 5 minutes by car – offering shops, restaurants, healthcare, and all amenities * Heraklion International Airport: 97 km / approx. 85 minutes’ drive This rare seafront parcel combines prime location, development flexibility, and strong tourism demand, making it an outstanding proposition for investors seeking to establish a landmark hospitality project in Crete. Ierapetra - Embrace the authentic Greek way of life. This charming coastal town offers a relaxed pace, stunning beaches, and a vibrant local culture. Immerse yourself in the Cretan lifestyle, enjoy fresh produce at the local market, and savor delicious seafood at seaside tavernas. Ierapetra boasts a growing expat community, making it easy to connect with like-minded individuals. With convenient access to shops, supermarkets, and healthcare facilities, you can enjoy a comfortable and fulfilling life in this idyllic Mediterranean setting.