Unfinished Building for sale in Heraklion. This unfinished building of 370sqm is an excellent investment for smart investors, as it can be turned into a highly profitable complex of apartments with high rental income potentials.
The apartment’s building is rising on an amphitheatrical piece of land of 2.500sqm, spreading over three levels and enjoying magnificent panoramic views of the verdant surroundings and the city of Heraklion.
It has an 80sqm basement which is considered ground level due to the sloping ground.
The ground floor and the first floor are measuring a surface of 145sqm each, and the existing building allowance is for a three-bedroom apartment to be constructed on each floor.
It was constructed in 2007 and the shell of the building has been completed, with the basement and the ground floor being at the concrete stage and the first floor being at bricklayer.
This highly promising building is only 7km away from Heraklion city, and can be finished to the buyer’s preferences and standards.
A golden investment opportunity guaranteed to generate a rental income from its offset.
Unfinished Building for sale in Heraklion Location Information :
The location of the plot is on a hill with splendid views of the eastern province and linked to the asphalted road to Iraklion, which is 12,9km away.
The area is meant to be the University Area of Iraklion, with 3 kindergartens, 2 elementary schools, the university library, the Institute of Computer Science and the University Hospital.
The people of the area are mainly involved in the cultivation of vines and the olives.
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