Two separated buildings for renovation

Rethimno 741 00, Greece
For Sale €299,000 + Expenses - Investment
IRA154 430 Sq M 10 Bedrooms 10 Bathrooms

Special Offer!!! Reduced price 299.000 euro (was 330.000 euro). 8 properties (5 studios and 3 maisonettes) in two separated 2-story buildings situated at just few meters from the sea and a walking distances to the centre of Rethymno.

This property is consisting of 2 building in total area of 430 sqm on a plot of 375 sqm.

The apartments have been built in 1985, are amphitheatrically positioned as the sea view could be enjoyed as much as possible.

The first building is in size of 196 sqm having actually 7 studios:
– ground floor of 60,27 sqm consisting of 3 studios
– first floor of 76 sqm consisting of 2 studios
– basement of 60,27 where are also 2 studios (legalized as studios from the initial destination of storage)

The second building has 232 sqm consisting of 3 maisonettes (each one with living area, kitchen and toilet on the ground floor and one bedroom on the first floor) and storage place:
– ground floor of 85,74 sqm
– first floor of 61,25 sqm
– basement of 85,74 – storage place.

Any investment in being renovated is fully justified by the huge potential in rental business area and also the great location – inside Rethymno, very close to the downtown and just across to the sea.
Absolutely all amenities are around, in a walking distance and the access to the main street of the town and the bus station is in few steps.

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Agent Phil

Phil Ambrose
  • Office : 0800 010 6038
  • Mobile : 07716 566 027

Hi my name is Phil, after 1st moving to Crete in 1998 and instantly falling in love with the island…
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