Full Description
A substantial estate of approximately 157,314 sq.m. located in the area of Foinikia, Heraklion, offered as a single acquisition comprising multiple adjoining cadastral parcels, several of which are buildable and suitable for development.
The property is currently a certified organic olive grove with approximately 4,000 mature olive trees aged between 30 and 45 years, providing immediate agricultural production and long-term value.
The estate benefits from strong agricultural infrastructure, including licensed water rights, a private borehole (25m depth) within the property, and a fully installed irrigation network covering the entire site. The land is fully irrigated and terraced, allowing efficient access and cultivation.
In addition to its agricultural use, the property offers significant development potential, with permitted uses including hospitality, agrotourism, agricultural operations, storage facilities, light industrial activities and mixed-use schemes, subject to the relevant approvals.
The estate also includes an existing 200 sq.m. residence and traditional stone ruins offering further potential for restoration, subject to permissions.
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