Prime High-Street Development Opportunity Chania Centre for sale. This ground floor retail unit of 68.15sqm sits on a 219sqm plot — positioned on one of the most established pedestrian commercial axes of Chania’s historic centre, just a few metres from 1866 Square. It is an investment profile that combines location, frontage and future development flexibility — a combination that is extremely rare to find inside the core.
The key advantage is not only the current use — but the buildability. The asset offers a total allowable development of 569.40sqm with 70% coverage. This allows the construction of a new above-ground building — unlocking the potential to reposition the site into something substantially higher-value.
Prime High-Street Development Opportunity Chania Centre for sale. This ground floor retail unit of 68.15sqm sits on a 219sqm plot — positioned on one of the most established pedestrian commercial axes of Chania’s historic centre, just a few metres from 1866 Square. It is an investment profile that combines location, frontage and future development flexibility — a combination that is extremely rare to find inside the core.
The key advantage is not only the current use — but the buildability. The asset offers a total allowable development of 569.40sqm with 70% coverage. This allows the construction of a new above-ground building — unlocking the potential to reposition the site into something substantially higher-value.
This micro-location supports multiple premium concepts:
boutique hotel
luxury suites / serviced apartments
mixed hospitality + commercial scheme
This is not simply a shop.
It is a land-based hospitality opportunity in the most prime pedestrian zone of the centre — with steady high pedestrian traffic and established commercial visibility. It is a strategic position where demand is not theoretical — it is proven.
High-street opportunities with this level of buildable allowance, frontage and placement inside the historic commercial core of Chania rarely reach the open market.
A selective urban development asset — suited for investors aiming at long-term value creation in a micro-location that continuously outperforms.
Prime High-Street Development Opportunity Chania Centre for sale. Location Information:
Chania is considered to be the most poetic city of Crete; when you walk through it, it leaves you with a pleasant taste of beauty. Chania’s Venetian port, picturesque at any time and season, is attractive to visitors and locals for its beauty and for its choices of entertainment for all tastes and demands.
The “Old Town” consists of the old Venetian harbor and the small Venetian blocks located behind the harbor; it is characterized by narrow and picturesque alleys – similar to an enchanting labyrinth – full of life, and the plentiful remaining Venetian and Turkish buildings.
The Lighthouse, the Fortress of Firka, the Mosque of Kioutsouk Hasan, the Great Arsenali, and the Neoria have become landmarks of the city. Most of the buildings are rejuvenated and they compose a puzzle of contemporary, Venetian, and Turkish architecture; they are al*
/-+so a ‘living’ exhibition of the city’s history. Today they work as shops, taverns, cafes, and tourist accommodations.
The most famous part of the Old Town is the lively round waterfront along the Venetian harbor, which is full of small hotels, cafes, restaurants, taverns, and bars. The Lighthouse at the end of the harbor is a landmark of Chania.
Location
The property is situated at Chania, Chania, Chania.
Contact Agent
Ktimatoemporiki Real Estate
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