Hotel with 10 Apartments and a Restaurant in South Crete.
ID 22-597

Hotel with 10 Apartments and a Restaurant in South Crete. Nestled in a tranquil environment of extreme natural beauty, surrounded by verdant expanses stretching all the way down to the endless Libyan Sea, this unique hotel of 980sqm includes a restaurant and 8 luxurious apartments, as well as solar panels for self-consumption, resulting in a unique investment opportunity featuring an abundance of exploitation options!

The estate is holding an exceptional location at an altitude of 700m, nestled amongst the unspoiled virgin environment 60km away from Heraklion city, and just 20km away from the International Airport of Kastelli will be finished and 2026. Read more

Hotel with 10 Apartments and a Restaurant in South Crete. Nestled in a tranquil environment of extreme natural beauty, surrounded by verdant expanses stretching all the way down to the endless Libyan Sea, this unique hotel of 980sqm includes a restaurant and 8 luxurious apartments, as well as solar panels for self-consumption, resulting in a unique investment opportunity featuring an abundance of exploitation options!

The estate is holding an exceptional location at an altitude of 700m, nestled amongst the unspoiled virgin environment 60km away from Heraklion city, and just 20km away from the International Airport of Kastelli will be finished and 2026.

This one-of-a-kind property spreads on a vast piece of fine unspoiled land in the heart of a beautiful landscape, enjoying jaw-dropping panoramic views of a unique scenery like those in the movies. It includes 120 olive trees producing extra virgin olive oil every year, for which a subsidy is collected every year for the annual cultivation.

It consists of a restaurant, 10 luxurious apartments, and a Trucker solar panel of 20KW producing energy that the owners are selling to the national power supplier, generating an annual income of 20.000 euros

The restaurant and communal areas were constructed in 2000 and renovated in 2011, with a budget of 500.000 euros including the installation of solar panels.

The main space of the restaurant is 110sqm and comes with a 150sqm mezzanine floor used as a storage, and a basement of 150sqm hosting the refrigerators and the office, that can be converted into a studio with a WC. It also consists of 4 toilets (2 for women and 2 for men), and a playground for kids to have fun.

A huge covered veranda is attached, with magnificent views of the verdant expanses and the sparking sea stretching endlessly, ideal for any kind of event as it can host up to 400 people.

Here, guests can experience the amazing flavors of Cretan cuisine made from pure local ingredients and enjoy their coffee or drink while gazing at the unique view of the endless blue Libyan sea.

There are solar panels installed (20KW) on the restaurants roof, enabling self-consumption.

A budget of 1.000.000 euros was invested in 2020 for the construction of 8 Luxurious Apartments used as Holiday Rentals coming fully equipped and furnished, divided as follows:

1 Apartment of 200sqm with 4 bedrooms, 3 bathrooms with Hydromassage, and a spacious living room with a dining area, as well as a large kitchen and a closet. A big veranda is attached, presenting unlimited views of the breathtaking scenery
1 Apartment of 100sqm with a capacious bedroom, a closet, a large bathroom with a bathtub and a shower, and a living room with a dining area and a kitchen. A large veranda is attached, with plenty of space for an outdoor seating area.
1 Apartment of 120sqm with two bedrooms, a large bathroom, a storage room, and a spacious living room with a dining area and a kitchen. A large veranda is attached, with plenty of space for an outdoor seating area.
5 Studio Apartments of 30sqm each with open plan spaces with kitchenettes and sleeping areas, ideal for couples or individuals traveling to explore the endless beauties of Crete Island.

All the units are fully equipped with all electric appliances and washing machines and fully furnished with high-quality furniture and luxurious touches. They combine modern architecture with the natural elements of the surrounding area, being harmoniously adapted to the geographical landscape.

As if this is not already enough for a successful investment, a license for 10 ncaved apartments is now being issued, along with a license for the construction of 3 swimming pools for the guests to spend ultimate relaxation moments.

Merging traditional elements with modern style, and eco lifestyle with luxury living and conveniences, it offers the ultimate relaxation and entertainment experience for your guests and visitors, and a golden investment for you.

It is ideal for those seeking to reside in beautiful Crete to improve their quality of life due to the ideal conditions that this blessed place offers, and at the same time grow professionally in the tourism sector with an already successful property.

An excellent investment and lifestyle purchase with the location suiting those looking for rental income, whilst also ticking all the boxes for those looking to live in Greece!

Hotel with 10 Apartments and a Restaurant in South Crete Location Information:

Heraklion Greece is the most popular region of the island and is located on the eastern side of Crete, between Rethymno and Lassithi.

The beautiful capital of Heraklion region, Heraklion Town, is one of the busiest city centers in Crete.

Heraklion or Iraklion has undergone a significant makeover in recent years because of the city’s increasing prosperity.

Infrastructure works have included the redevelopment of the waterfront, improved roads, and a city bypass to ease traffic congestion and maybe the most important much of the historic center has been turned into pleasant pedestrian strips.

The Heraklion airport, named after the Cretan writer Nikos Kazantzakis, is one of the biggest in Greece and receives approximately 15% of the total tourist traffic of Greece.

Heraklion’s airport is about 5km east of the city. Major car-rental companies have desks at the airport. Taxi and public bus are available for transfer from/to Iraklion.

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.