Building for Sale

Εxcellent complex, investment opportunity in Stavromenos for sale. It is comprised of an apartment of 120 sq.m., an apartment of 100 sq.m., a shop of 100 sq.m. a warehouse of 50 sq.m. and an adjacent plot of 800 sq.m. with independent building capacity of 400 sq.m. for residence. The total existing square meters of the property combined with the possibility of building another 400 sq.m. turn this property into an excellent investment opportunity. The sea is located at a distance of less than 300 meters, while the area is highly developed for tourism. In the wider area there are luxury hotel units while the property also offers direct access to the Northern Road Axis of Crete (BOAK) helping to get to and from the urban centers of the island. The city of Rethymno is about 20 minutes away by car, while the nearest port and airport, those of Heraklion, are about an hour away from the location. In addition to being close to the sea, the property also offers an excellent view of it. The condition of the complex is good, but in order to reach the perfect level of investment performance, it will definitely need some form of renovation. Both in terms of its beautification and its functionality. Its layout allows many and different uses. One can live in one space and take advantage of the others or see it purely as an investment and turn the space into a small tourist unit. Changes of use of the spaces can be made immediately, while the neighboring plot can either be built on or serve as auxiliary spaces for the existing one. In any case, this is an investment opportunity in a highly developed touristic area which can without exaggeration multiply the asking price. Responsible for the listing is Mr. Konstantinos Μoullos, licenced realtor with General Commercial Registry Number (GEMI) 349607. Despite the fact that Aspis Real Estate Rethymno takes all precautionary measures to ensure that everything that is written in our classified ads is true, these are by statement of the sellers therefore we cannot accept any responsibility for the correctness of the information. In any case we offer a strong recommendation to check the information with certified professionals before any down-payment.