According to the construction company AVAX, infrastructure upgrades, the strengthening of the port, and plans for the development of a new tourist complex with a marina are playing a pivotal role in the transformation of the area.
These projects are expected to significantly enhance the region’s connectivity and functionality, boosting both tourism and overall economic activity. At the same time, Kissamos is being strategically positioned as a gateway to western Crete, offering an alternative option for investors seeking markets with a lower level of maturity and greater potential for capital appreciation.
In contrast to more developed tourist destinations on the island, where asset valuations already reflect much of the anticipated growth potential, Kissamos remains at an early stage of development. This creates opportunities for investments “ahead of the curve.” The prospect of new tourism and maritime infrastructure is expected to act as a catalyst for the real estate market, hospitality services, and job creation.
As Crete steadily strengthens its position as an international, year-round tourist destination, Kissamos appears to combine all the characteristics of an area with a strong investment narrative for the coming years: a strategic location, expanding infrastructure, and substantial untapped potential.
What Investors Are Looking For
As the company explains, for investors with more limited budgets, the area also offers older houses and apartments at lower price levels, providing opportunities for entry into the local real estate market. These options primarily appeal to those seeking an initial investment with prospects for renovation or future value appreciation.
At the same time, newly built residential complexes that meet nZEB standards and hold EPC Class A energy certification incorporate features of long-term sustainability, lower operating costs, and enhanced market appeal. These characteristics make them an attractive investment option for international buyers seeking a combination of quality, energy efficiency, and value.
