Asking price €14,000,000 The region of Loutra' is located 70 kilometers south east of Heraklion, on the southern coast of Crete in the Libyan Sea. The scenery is of exceptional beauty, combining serene landscapes of Cretan olive groves, without standing rock formations and views to the sea. Brief Description: Total land area 270.000 m2 Located at Southern Crete the area named Loutra' is near the village Ledas', prefecture of Heraklion. Small fishing harbour and a nice beach compose the sea front. Distance from Heraklion International Airport is 70km. Ground incline allow sun obstructed view. Approved for urban development -Housing, Hotel and Recreation building space exceeds 49.000 m2 Building space exceeds 49.000 m2 Figures: 106,000 m2,Classified as "residential area. Estimated max building space of 42.400 m2 14,000 m2, Classified as "Hotel, Recreation and Seasonal residence. Estimated max building space 5.400m2 for Housing and Hotel use. 3,500 m2, Classified as "local Urban Centre. Estimated max building space 2.950m2 of Housing and Civic Centre use. 124,500 m2 are shared between Communal Areas, roads and Parks.