A seafront plot of land with a total surface area of 181 acres (181,000 sq.m.) is offered for sale in the Episkopi area of Rethymno, Crete. The property benefits from a valid building permit for the development of a five-star hotel, and is fully compliant and buildable according to current planning regulations.Building Terms:Building Coefficient:For 5-star and 4-star hotel developments, the permitted building coefficient is 0.20 over the entire land area, based on the relevant suitability approval and in accordance with Article 8 of Presidential Decree 08-10-1978 (Government Gazette 538D/17-10-1978), as amended by Article 41, paragraph 7 of Law 3105/2003 (Government Gazette 29/A/10-02-2003).Coverage Ratio:Maximum permitted land coverage is 20%, pursuant to Article 8 of Presidential Decree 08-10-1978 (Government Gazette 538D/17-10-1978).The plot enjoys an exceptional tourism-oriented location, situated just 50 meters from a sandy beach, approximately 18 km from the city of Rethymno, 94 km from Heraklion International Airport, and 127 km from the New Kastelli International Airport. Its size, seafront position, and approved development potential make it ideal for a high-end hospitality investment.Immediately availableProperty Code: ID 3197 RE/MAX Real www.remaxreal.gr Remax real 1: Heraklion, Crete, Sofokli Venizelou Avenue 107-109, 71303 Phone: +30 2810370598 Mobile: +30 6981465554 Email: [email protected] Remax real 2: Agios Nikolaos , Themistokleous 6 , 72100 Phone: 2841181240 Mobile: +30 6981465554 Email: [email protected] We are at your disposal for any additional information and to schedule a visit to the property. Contact us today to find the property you have always dreamed of!