Over the past few decades, the global population and the built environment’s vulnerability to natural hazards have risen dramatically. As a result, decisive actions, such as the SENDAI framework, have emerged to foster a global culture of successful disaster risk reduction policies, including actions to mitigate the social and economic impact of geohazards. The effective study of natural disasters requires meticulous and precise monitoring of their triggering factors, with ground- and space-based techniques. The integration of GNSS and SAR observations through the establishment of permanent infrastructures, i.e., Continuously Operating Reference Stations (CORS) networks and arrays of Corner Reflectors (CRs), may form a seamless ground displacement monitoring system. The current research literature provides fragmented guidelines, regarding the co-location of SAR and GNSS permanent infrastructures. Furthermore, there exist no guidelines for the determination of the most suitable locations using a holistic approach, in terms of criteria and required data. The purpose of this paper is to present a semi-automatic multicriteria site suitability analysis and evaluation of candidate sites for the installation of a permanent CORS and two CRs; one for each pass, taking into account various parameters and criteria. The first results demonstrate that the collocation of SAR and GNSS permanent infrastructures, utilizing a holistic criteria-based approach, is successful and complies with all the literature’s requirements.