Seafront Property with Five Apartments for sale in Panormo Rethymno.
ID 14-6432

Seafront Property with Five Apartments for sale in Panormo Rethymno. Welcome to this exceptional opportunity to own a remarkable seafront property situated in the enchanting village of Panormo near Rethymno. This impressive two-story building boasts a total size of 400 sq.m., occupying a prime position with its 17,198.40 sqm on the sea.

Whether you are seeking a lucrative investment or a spacious property to customize according to your needs, this property offers endless possibilities in a highly desirable location.

The basement of this building spans an area of 259 sqm and features a flexible open-plan layout that can easily be modified into apartment units to suit your preferences. It is now modified as a garage, providing ample space for parking. Read more

Seafront Property with Five Apartments for sale in Panormo Rethymno. Welcome to this exceptional opportunity to own a remarkable seafront property situated in the enchanting village of Panormo near Rethymno. This impressive two-story building boasts a total size of 400 sq.m., occupying a prime position with its 17,198.40 sqm on the sea.

Whether you are seeking a lucrative investment or a spacious property to customize according to your needs, this property offers endless possibilities in a highly desirable location.

The basement of this building spans an area of 259 sqm and features a flexible open-plan layout that can easily be modified into apartment units to suit your preferences. It is now modified as a garage, providing ample space for parking.

On the ground floor, you will find three separate apartments. The first apartment measures 75 sqm and comprises a cozy living room, a kitchen, two bedrooms, and a bathroom. The second apartment covers 125 sqm and features a spacious living room, a kitchen, three bedrooms, and two bathrooms. Lastly, the third apartment, spanning 60 sqm, offers a living room, a kitchen, one bedroom, and one bathroom.

Ascending to the first floor, you will discover two apartments, each encompassing 45 sqm. These apartments present a fantastic opportunity for rental income or accommodating extended family members. The building's large facade facing a street near the highway ensures excellent visibility and accessibility. With its magnificent sea views and strategic location, this property in Panormo offers a phenomenal investment opportunity with immense potential for future development.

Panormo, a picturesque coastal village located in Mylopotamos, is renowned for its idyllic settings and serene ambiance. Blessed with crystal-clear waters and breathtaking scenery, this area captivates both tourists and locals alike.

Panormo boasts a charming harbor, beautiful beaches, and a variety of traditional taverns, cafes, and shops, guaranteeing a delightful village lifestyle. With its proximity to major tourist attractions, such as the historical city of Rethymno and the famous Melidoni Cave, Panormo ensures a perfect blend of tranquility and convenience.

In summary, this seafront building in Panormo presents an excellent opportunity to secure a valuable property with immense potential. Whether you desire a lucrative investment or a spacious property to make your own, this building is a rare find. Don't miss out on the chance to own a piece of paradise on the seafront of Panormo.

Seafront Property with Five Apartments for sale in Panormo Rethymno. Location Information:

Panormos is a beautiful fishing village lying 22 km east of Rethymno town, on the northern coast of Crete. The sandy beach is fully organized with crystal-clear waters and a serene atmosphere. Plenty of taverns and accommodations with an amazing view over the sea are available in the wider region.

Rethymno combines rarely united features: the old town’s charm and history, with proximity to a long sandy beach.

There are two sides to Rethymno offering two styles of visit: the endless big beach hotel strip that stretches from the east end of Rethymno, lapping up the coastal “villages” of Perivolia, Platanias, Adelianos Kambos, Pigianos Kambos, Sfakaki, Stavromenos and Skaleta – and – the Rethymno that allows you the character of the old town with its mix of architecture and history, cultural influences and styles ranging from Venetian to Ottoman empire.

We present the second and more romantic choice – leaving the all-inclusive beach and booze tours to others.

it’s a place that moves slowly, a very romantic plead, and most important preserves much of its Venetian and Turkish appearance.

Explore one of the best-preserved medieval cities in Greece, and search for your fairy-tale romance in Rethymno.

Venetian fortification works mingle harmonically with orthodox and catholic churches, mosques, majestic mansions of Venetian architecture, arches and cobbled paths which create a magical atmosphere, and reminiscence of the city’s turbulent “yet glorious” past.

Before leaving the beach, we should mention that there are other visitors – the turtles. Turtles are regular visitors along the beaches of Rethymno and return between June and August to lay their eggs each year.

You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying and obtaining the Greek Golden Visa, as well as all its benefits.