Building with 20 Rooms for sale near Heraklion.
This expansive building in a sought-after area near Heraklion
presents an exceptional opportunity for investors and developers alike. Situated on a spacious plot of 1431 sq.m., this property features a total size of 1070 sq.m. and was constructed in 1982.
With its four levels, including three levels of 285 sq.m. each and a 90 sq.m. basement, this building offers immense potential for various purposes.
Boasting two facades, the property encompasses a grand total of 20 rooms, along with numerous communal spaces that can be utilized creatively.
Currently operating as a retirement home and generating steady income through a 12-year lease contract, expiring this year with a monthly rent of 2,500 euros, this building can be transformed into a magnificent hotel with a well-planned renovation. An 82 sqm swimming pool, currently not in use, further adds to the allure of this property, offering an opportunity to enhance its appeal.
Strategically positioned just 130 meters away from the stunning blue waters of the sea, residents and guests alike can relish the beauty of the coastal landscape.
Additionally, the property sits a mere 10 kilometers away from the bustling city center of Heraklion
, granting easy access to all the amenities and attractions the vibrant city has to offer.
With its autonomous heating, air conditioning, ample storage space, and security door, this building provides the utmost convenience and comfort.
Furthermore, the property offers parking facilities to accommodate both residents and visitors.
In conclusion, this extraordinary building in presents endless potential for exploitation and boasts wide profit margins.
Its premier location, coupled with the opportunity for renovation and transformation into a remarkable hotel, makes it an enticing investment prospect for those seeking a lucrative venture in the real estate market.
Building with 20 Rooms for sale near Heraklion
. Location Information:
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
Town, is one of the busiest city centers in Crete.
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.
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.
airport is about 5km east of the city. Major car-rental companies have desks at the airport. Taxi and public buses 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 for applying for and obtaining the Greek Golden Visa, as well as all its benefits.