Information Organic farm with residence, close to Sitia east Crete.     For sale Property ID: KA477786 Location: Sitia Property Type: Special Properties Description: This is a fantastic opportunity to purchase an organic farm in eastern Crete. The plot is 40.000m2 of organically cultivated land approx 6km or 10 minutes’ drive from Sitia town with port and airport. Superbly maintained in a peaceful natural environment and surrounded by stunning scenery. The house is less than five years old and partly comprises a living area with stone fireplace, fitted kitchen, double bedroom and tiled shower room. The other part of the building is used as a warehouse to store farming tools and equipment. Total built area is 95m2. The plot is free of forestry restrictions and additional building is permitted. Electricity is currently from a generator but mains electricity can be connected from approx 450 meters’ distance. The farm comprises 750 olive trees in excellent condition, more than 100 different fruit trees, a plant nursery, and a vegetable garden. All the land has a network watering system which has been professionally installed. The olive trees are nine years old and currently produce 5 tonnes of organic virgin oil a year giving a net annual income of approx €15.000 after cultivation and harvesting expenses (including labour). In the next five years as the trees mature this annual harvest can reasonably be expected to double. EU grants can be obtained for maintaining the business and will be transferred from the current owner. The last 1600 meters’ access is currently dirt track but there are plans for the municipality to asphalt this part of the road. Price: Euro 250,000     Agent: Kostas Antonopoulos Agent Commision (%):     http://www.crete4you.com Kostas Antonopoulos Vogiatzopapa 13 str. Sitia Crete 72300 Mobile: +30 6976825186 - Telephone: +30 28430 29723