1-bedroom flat Μίνωος 18, Ρέθυμνο 74131, Center, Rethimno

Multipurpose space of 61 sq.m. for sale in the Old Town. This is a space which, with the appropriate interventions, can be turned into an apartment for owner-occupation or for exploitation in the short-term lease. Its location is very central and the residents of this apartment will be very close to all the services of the city. Tourist use is indicated but it could well be used for owner-occupancy if one wishes to live in the Old Town and in a street with easy access as cars pass by. Its central location allows the specific property to be used as a business space for any use. Either in the Food and Beverage industry, or for the provision of services or of course as a commercial store. The initial asking price is attractive as it is a small and medium-sized investment that guarantees a stable income. Its excellent location as well as its versatility ensure the placement of the new owner's money. Its financial performance is expected to be stable for several years, while the repayment of the money is expected to be faster than other investments of a similar size. The fact that it is located on one of the main streets of the Old Town guarantees the maintenance of its resale value in perpetuity. Old Town real estate investment is characterized by a high acquisition value and maintaining that value. This property is offered at a very attractive price, thus giving it the character of an investment opportunity. The property is stone-built and in good condition, thus enabling the new owners to immediately begin the amortization of the investment without having to wait for a total reconstruction of the building as is often the case with properties in the area. Responsible for the listing is Mr. Konstantinos Μoullos, licenced realtor with General Commercial Registry Number (GEMI) 3469607. 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.