Development Proposal : Construction of Two luxury villas with swimming pools

A development project involving the construction of two luxury villas, each one with a private swimming pool, at a total construction cost of 550.000 euro. One of the villas will be offered as consideration through a land-for-property exchange agreement (antiparochi). The project wiil be carried out on a privileged plot of land, comprising two maisonette-style villas, each situated on a 2500m² plot, offering beautiful sea view and high-end living standards.

The property is located in the tranquil seaside village of Ferma, on the southern coast of Crete, only 12km away from the city of Ierapetra. Ferma is well known for it’s natural beauty, crystal-clear waters, and unspoiled beaches, offering a perfect blend of relaxation and authenticity. It is an emerging destination that attracts visitors seeking peace, privacy, and a genuine Cretan atmosphere, while still being within easy reach of the vibrant town of Ierapetra and other points of interest in the region. This makes the area not only ideal for luxury living, but also an attractive investment opportunity in the growing tourism of southern Crete.