In the privileged area of Peristera, just 2 kilometers east of Ierapetra, in one of the most impressive seaside locations of Southern Crete, a unique beachfront property of exceptional standards is offered for sale, literally on the water’s edge.
The property is situated directly in front of an outstanding sandy beach stretching for kilometers, with a width of approximately 50 meters. The shoreline becomes a natural extension of the garden, offering a rare sense of privacy and absolute harmony with the sea. The unobstructed panoramic views of the Libyan Sea from every level of the building are truly breathtaking.
The property consists of a building with a total surface area of 1,030 sq.m., constructed on a 4,500 sq.m. plot, with a building permit issued in 1998 and completion in 2010. The entire property is fully legalized and in full urban planning compliance.
The layout is developed as follows:
• Basement level – due to the gentle slope of the land, this level is essentially at sea level – with a total area of 392 sq.m., consisting of a 44 sq.m. commercial space and 348 sq.m. of storage areas.
• Ground floor of 318 sq.m. featuring four spacious unfinished apartments of approximately 78 sq.m. each. The apartments are at the final stage of completion (painting completed), while sanitary ware, kitchens, and window frames remain to be installed, allowing the future owner to customize them according to their own aesthetic and functional preferences.
• First floor of 295 sq.m. comprising eight fully completed and operational studio apartments, ideal for high-yield tourist exploitation.
• Roof level of 33 sq.m., housing the boiler room and auxiliary mechanical installations.
The exceptional location of the property, the direct access to the beach, the uninterrupted sea views, and the expansive verandas make it ideal for conversion into two luxurious beachfront villas with swimming pools, as the property can easily be divided into eastern and western sections.
A truly remarkable property combining the natural beauty of Southern Crete with outstanding investment potential, in a location of unparalleled charm and exclusivity.




















