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Seafront Hotel for Sale in Ierapetra.
ID 36-594
€1.100.000
Description
Seafront Hotel for Sale in Ierapetra. In the heart of southeastern Crete, near the lively town of Ierapetra, lies a rare seafront investment opportunity. This fully operating hotel enjoys a privileged position just 50 metres from the crystal waters of Makrygialos, offering guests immediate access to one of the island’s most beautiful stretches of coast.
The property stands on a private plot of 1,300 m² and comprises 625 m² of built space thoughtfully arranged across three levels.
Inside, a total of twelve guest apartments provide a flexible mix of accommodations. On the ground floor there are four one-bedroom apartments, two spacious two-bedroom apartments and the welcoming reception area.
The property stands on a private plot of 1,300 m² and comprises 625 m² of built space thoughtfully arranged across three levels.
Inside, a total of twelve guest apartments provide a flexible mix of accommodations. On the ground floor there are four one-bedroom apartments, two spacious two-bedroom apartments and the welcoming reception area.
Seafront Hotel for Sale in Ierapetra. In the heart of southeastern Crete, near the lively town of Ierapetra, lies a rare seafront investment opportunity. This fully operating hotel enjoys a privileged position just 50 metres from the crystal waters of Makrygialos, offering guests immediate access to one of the island’s most beautiful stretches of coast.
The property stands on a private plot of 1,300 m² and comprises 625 m² of built space thoughtfully arranged across three levels.
Inside, a total of twelve guest apartments provide a flexible mix of accommodations. On the ground floor there are four one-bedroom apartments, two spacious two-bedroom apartments and the welcoming reception area.
The first floor hosts four more one-bedroom apartments along with two bright studios. Each unit has been carefully designed to combine comfort with authentic island charm, many enjoying serene mountain views or glimpses of the shimmering Mediterranean Sea.
The interiors reflect a tasteful renovation carried out in 2015, enhancing the original 2002 construction with fresh finishes and modern amenities. Light-filled living spaces open onto private balconies or terraces, creating a relaxed holiday atmosphere that invites repeat visitors.
Moving outside, the property is framed by a beautifully landscaped garden that sets a tranquil tone and offers inviting corners for outdoor relaxation. Guests benefit from ample private parking, ensuring convenience whether they arrive by car or transfer. The hotel’s layout and infrastructure allow for easy operation and promise strong occupancy potential throughout the long Cretan tourist season.
The location is equally compelling. Makrygialos is a charming seaside village that blends authentic Greek character with all the comforts of a modern resort. Traditional tavernas, cafés and small shops are within walking distance, while Ierapetra, the southernmost city of Europe, is only 3 km away. The international airport of Heraklion is 118 km from the property, providing reliable year-round access.
Crete itself offers a unique combination of unspoiled beaches, dramatic mountain landscapes and a warm Mediterranean climate. The island enjoys one of the longest tourist seasons in Greece and continues to attract visitors seeking both leisure and culture. Investing here means entering a market with stable growth, high occupancy rates and proven appeal to international travellers.
With its exceptional position just steps from the sea, its twelve well-appointed apartments and its proven operational history, this hotel is a turnkey hospitality asset. It is ideal for an investor seeking immediate rental income as well as long-term capital appreciation in one of the Mediterranean’s most resilient tourism destinations.
A beachfront property of this calibre is not simply a purchase—it is the key to owning a piece of the Cretan dream and to capturing a share of the island’s thriving hospitality market.
Seafront Hotel for Sale in Ierapetra
Location Information:
Ierapetra is in southeast Crete, in an extremely strategic position controlling the south coast of Crete and the Libyan Sea.
Favoured both by position and by nature, Ierapetra has always been an important centre of the island. It has grown into the largest town in south Crete and a major tourist destination. When you visit it you will find a lively, active town – much more so than Agios Nikolaos or Sitia.
What makes Ierapetra stand out is that it has the highest average of sunny days and the highest temperatures in Crete and Greece, with an annual average of 20 C.
Ierapetra is a town which has everything in abundance, but the one thing you won’t need here is an umbrella, since it rarely rains. According to the experts, the mountains of West and Central Crete act as barriers, stopping the clouds on their way to Ierapetra.
Ierapetra is one of the most fertile areas in Greece, and therefore one of the most productive. Its inhabitants mainly cultivate greenhouse fruit and vegetables, exporting them to many European countries.
The property stands on a private plot of 1,300 m² and comprises 625 m² of built space thoughtfully arranged across three levels.
Inside, a total of twelve guest apartments provide a flexible mix of accommodations. On the ground floor there are four one-bedroom apartments, two spacious two-bedroom apartments and the welcoming reception area.
The first floor hosts four more one-bedroom apartments along with two bright studios. Each unit has been carefully designed to combine comfort with authentic island charm, many enjoying serene mountain views or glimpses of the shimmering Mediterranean Sea.
The interiors reflect a tasteful renovation carried out in 2015, enhancing the original 2002 construction with fresh finishes and modern amenities. Light-filled living spaces open onto private balconies or terraces, creating a relaxed holiday atmosphere that invites repeat visitors.
Moving outside, the property is framed by a beautifully landscaped garden that sets a tranquil tone and offers inviting corners for outdoor relaxation. Guests benefit from ample private parking, ensuring convenience whether they arrive by car or transfer. The hotel’s layout and infrastructure allow for easy operation and promise strong occupancy potential throughout the long Cretan tourist season.
The location is equally compelling. Makrygialos is a charming seaside village that blends authentic Greek character with all the comforts of a modern resort. Traditional tavernas, cafés and small shops are within walking distance, while Ierapetra, the southernmost city of Europe, is only 3 km away. The international airport of Heraklion is 118 km from the property, providing reliable year-round access.
Crete itself offers a unique combination of unspoiled beaches, dramatic mountain landscapes and a warm Mediterranean climate. The island enjoys one of the longest tourist seasons in Greece and continues to attract visitors seeking both leisure and culture. Investing here means entering a market with stable growth, high occupancy rates and proven appeal to international travellers.
With its exceptional position just steps from the sea, its twelve well-appointed apartments and its proven operational history, this hotel is a turnkey hospitality asset. It is ideal for an investor seeking immediate rental income as well as long-term capital appreciation in one of the Mediterranean’s most resilient tourism destinations.
A beachfront property of this calibre is not simply a purchase—it is the key to owning a piece of the Cretan dream and to capturing a share of the island’s thriving hospitality market.
Seafront Hotel for Sale in Ierapetra
Location Information:
Ierapetra is in southeast Crete, in an extremely strategic position controlling the south coast of Crete and the Libyan Sea.
Favoured both by position and by nature, Ierapetra has always been an important centre of the island. It has grown into the largest town in south Crete and a major tourist destination. When you visit it you will find a lively, active town – much more so than Agios Nikolaos or Sitia.
What makes Ierapetra stand out is that it has the highest average of sunny days and the highest temperatures in Crete and Greece, with an annual average of 20 C.
Ierapetra is a town which has everything in abundance, but the one thing you won’t need here is an umbrella, since it rarely rains. According to the experts, the mountains of West and Central Crete act as barriers, stopping the clouds on their way to Ierapetra.
Ierapetra is one of the most fertile areas in Greece, and therefore one of the most productive. Its inhabitants mainly cultivate greenhouse fruit and vegetables, exporting them to many European countries.
Features
- Garden
- parking
- balconies
Location
The property is situated at Lasithi, Ierapetra, Ierapetra.
Contact Agent
Ktimatoemporiki Real Estate
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