Land for Sale in Chania & Building – Investment Plots in Crete Market Trends (Updated: 2020)
Looking for a land for sale in Chania? Intelligent real estate investors and real estate market professionals recommend that people should buy land due to its scarcity. With this in mind, investors need to realize the practicality of owning land or of running a land-based business venture.
However, they also need to be aware of the specific types of land investment options available.
Nowadays, local and foreign buyers can purchase a land for sale in Chania, Crete for personal use, recreation – and yes, investment. Unfortunately, most people do not want or they can’t afford to spend much money.
This begs the question: Are Chania land opportunities and building plots capable of generating an acceptable return on investment for small investors, while still affording them the joys and attributes associated with land ownership in Chania, Crete, Greece? To answer this question, you need to be able to evaluate eight general categories of potential land investments:
• Residential development land in Chania
• Commercial development land in Chania
• Livestock-raising land
• Vegetable farmland
• Vineyards
• Recreational land
Residential and Commercial Land for Sale in Chania – PotENTIAL ISSUES TO CONSIDER
Residential and commercial land in Chania, Agia Marina, Platanias, Akrotiri, Kissamos, etc, offers a feasible entryway into investment, because virtually an unlimited number of land development opportunities can be structured to meet an investor’s capital and time constraints.
Once the decision has been made to purchase this spectacular land for sale in Chania, either as an investment or for development, you need to understand many issues and risks about the legalities associated with the use of specific parcels of property.
For example, land-use restrictions may curtail the manner in which the land can be used by the owner and land easements may grant access to a portion of the property to an unrelated party. Fortunately, prospective land buyers can get answers to these questions by reviewing the legal specification for a parcel of land, which is found in a document known as a land deed.
In addition to legal issues, property buyers should consider the land’s access to basic utilities such as electricity or telecommunications. Property Buyers should also review the land’s annual property-tax obligation, and very carefully assess the forestry authorities’ decision.
Exclusively Listed Properties for Sale in Chania
Whether you are looking for a primary residence a holiday home in Chania, the real estate market of Crete remains one of the safest and most desirable real estate markets in which to purchase.
At ARENCORES we can assist with negotiations and professional advise on whether a property offers a secure investment with potential for high returns.
Our exclusive Chania houses for sale listings and portfolio covers all types of residential property, from studios, apartments and detached house to luxury villas and sea-front properties.
Off-Market Chania Crete Properties for Sale
Many of our investment and development plots are off-market and cannot be found on the internet or through other agents so we would encourage you to enquire.
Our dedicated and professional team look forward to helping you discover an exceptional land for sale in Chania and we can also connect you to a panel of carefully selected legal and tax consultants to assist you throughout the transaction process.
If you are looking to buy a land in Chania, Crete or need assistance in identifying a magnificent real estate asset or property investment, please contact us +30 2821112777 or email info@arencores.com.