REAL ESTATE IN CRETE
Residential property > land
For sale
Crete, Panormos: Building plot directly by the sea for sale
420.000 €
E-1037
783 m²
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Building plot for sale in Panormo, Rethymno, directly on the seafront. The plot, with a total area of 782,98 m², is located in the Panormos development, block 98, in a prime location right on the seafront.
The building plot is available and is being sold as a single property comprised of two separate plots belonging to the same owner, in order to achieve maximum building density. The first of the two plots is 259,54 m² and is located only 55 m from the sea, while the second is 523,44 m² and is 72 m from the sea.
Building conditions:
Maximum coverage factor: 60%
Maximum structuring factor: (0–100): 1,6, (100–200): 0,8, (200–300): 0,6, and above 300: 0,4 for residential use and 0,6 for other uses. Number of stories: 2
Maximum height: 7,5 m + 1,5 m roof
Due to its location – just a few meters from the sea, the port of Panormos, and the cafes and restaurants along the beach promenade – the plot of land is an ideal investment. Situated within the Panormos urban development plan, it offers a high degree of structural potential and is therefore suitable for the construction of a residential house or holiday home – a villa for personal use or a residential complex for tourist use.
The village of Panormo lies about 20 km east of Rethymno. It is a quiet resort town that has developed considerably in recent years without losing its traditional character. The village's picturesque location, beautiful sandy beaches, and easy access via Crete's main northern road network have contributed to this development.
In the region's recent history, Panormo was the most important port for transporting agricultural products from Mylopotamos. The province produced large quantities of olive oil and carob. The restored carob mill, which now serves as a cultural center, can still be visited today.
The picturesque village of Panormo near Rethymno boasts many beautiful beaches where visitors can swim. The main beach, located directly in front of the village, is sandy and shallow. It is serviced by beach clubs. To the east lies a smaller, more natural beach.The settlement has several rooms for rent, taverns, cafes, mini-markets, a pharmacy, a bakery, a butcher shop, etc.
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Surfaces
- Land area: 783 m²
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We are German real estate agents and specialize in real estate from Crete. In addition to finding suitable properties on Crete for you, our portfolio also includes organizing viewing appointments on Crete.
We are at your side at every stage of your property purchase in Crete and will accompany you from the first conversation through to the notary contract.Your ideas are important to us, such as the location on Crete in combination with sea views, proximity to the beach, sandy beach, stone house or swimming pool. There are also important points to consider, such as the dimensions of the rooms in a property. In Greece and therefore also on Crete, the walls are included, i.e. external wall to external wall. In contrast to German real estate, here measurements are taken from the inside wall to the inside wall.
We strongly recommend that you check the living space specified when visiting Crete, as this can differ greatly from German information (calculation, living space regulations, DIN standards) and usable areas may have been included (cellar, technical room, balcony, terrace, etc.).
Please also note that when specifying the location of real estate offers on Crete, these are approximate values.
The Greek energy certificate (if required) is available during the inspection.Additional costs such as commission, real estate transfer tax, notary fees and legal fees are added to the stated purchase price. You can find more details on our homepage at INFOS.
All properties from Crete offered through our portal have been carefully checked and translated. However, errors can creep in, so we assume no liability for the accuracy of the information.
If you have any questions about the topic of buying a property or land on Crete, we are happy to help you and can clarify further details in a conversation.
Our general terms and conditions apply, which you can find on our homepage under general terms and conditions and right of withdrawal.
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🏡 Panormos (postcode 740 57) – Charming coastal paradise in the heart of Crete
Panormos is a picturesque fishing village on the north coast of Crete that perfectly balances traditional charm with sustainable tourism. Situated between Rethymno and the island's interior, the village has retained its original character with narrow streets, whitewashed houses, and an idyllic harbor. The sheltered location of the bays ensures calm waters, making the beaches particularly attractive for families and those seeking tranquility. Surrounded by rolling hills and expansive olive groves, Panormos is a place where Cretan joie de vivre meets the serenity of the sea.📜 Character & Lifestyle
Life in Panormos is characterized by a warm, almost familial atmosphere. In the village's winding alleys and around the harbor, the hustle and bustle of the modern world seems far away. Here, people gather in the excellent tavernas, renowned for their fresh seafood and Cretan specialties. While the summer months lend the place a gentle vibrancy, winter brings with it the peaceful stillness that defines authentic village life. Panormos is a true "home away from home," where community and the hospitality of the locals are still deeply rooted.📍 Location
Panormos enjoys an excellent strategic location on the north coast in the Rethymno prefecture. Its direct connection to the national highway (VOAK) provides quick and easy access to both the island's cultural centers and its two major airports.🚗 Distances
Rethymno (center): 21,4 km | 23 mins
Chania Airport (CHQ): 88,9 km | 1 hr 23 min
Kastelli Airport: 94,2 km | 1 hour 20 minutes
🌿 Nature & Excursion Destinations
The area around Panormos offers a wealth of opportunities for exploration. Local beaches like Limani and Limonaki, with their gently sloping shores, are perfect for relaxing swims. Just a short drive away lies the historic city of Rethymno, with its Venetian fortress and vibrant old town. Nature lovers can enjoy hikes in the nearby hinterland, for example to the Melidoni Cave or the pottery village of Margarites. The central location also makes it easy to take day trips to the archaeological sites of central Crete or to the ruggedly beautiful south coast.🧱 Real estate market
The real estate market in Panormos is highly attractive due to its combination of coastal location and authenticity. Restored village houses with character and plots of land on the first or second line of the sea are particularly sought after. These locations are ideal for building a luxury villa or a modern new-build villa with a swimming pool, often offering unobstructed views of the Aegean Sea thanks to the elevated topography. Due to the area's popularity with discerning individual holidaymakers, properties in Panormos also have excellent potential for tourist rentals. As your real estate agent specializing in Crete, Schmidbauer Immobilien Kreta is your experienced local partner for securing first-class properties in this picturesque coastal region.
Panormos – Rethymno – Crete – from above – 4K drone video- Outlook: Seaview
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- Sale price: 420.000 €
- Buyer's commission: 3,1% (including VAT) of the sales price