Renovated historic building in a tourist area on the island of Crete

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Greece, Chania
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165 m²
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3 Bedrooms
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1 Baths
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ID GR42814

€550,000+

165 m²
Property sold
This property is sold, but we will help you find another one
Elena Kozyreva
Elena KozyrevaExpert on real estate and residence permit by investment in Greece
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Greece Golden Visa

€250,000+4+ months

The property is eligible for the Golden Visa.

Immigrant Invest helps select real estate and get a Greece residence permit.

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Cost

Property cost

€550,000+

Distances

Sea 2 km
Infrastructure 200 m
Airport 14 km

Yield and management

Yield

3-5%

Property management

By agreement

We will help you sell the object if you decide to exit the investment

Description

For sale is a renovated 4-storey building in the old town of Chania, located in the heart of the old Venetian quarter in the popular area of Mahairadika, on the island of Crete. The area of Mahairadika is known for its shops where traditional Cretan knives are made and sold. All amenities are within a few meters from the house, and the nearest sandy beach is only 2 km away. The building consists of 1 store with an area of 25 sqm on the ground floor and apartments of 142 sqm, located on 3 levels. This special house is an example of Ottoman architecture and has been completely renovated and designed for year-round living.
On the ground floor of the building is an open plan commercial property facing a very busy tourist road, so it can be easily rented out as a shop.
The main entrance to the house is located directly above the commercial property with a wooden staircase leading to the second floor, where there is a living room with a stone fireplace and a kitchen. On the third floor there are two spacious bedrooms and a bathroom. On the fourth floor there is a third bedroom with a terrace of 26 sqm, which overlooks the old town. The house has central oil heating and is ideal for both permanent living and tourism investment after the necessary changes.

This object is applicable for 250 000€ investment option.

Real estate

Object type

House, Retail

Object category

Secondary

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

165 m²

Number of storeys

4

Bedrooms

3

Baths

1

Parking

No

Renovation

Standard

View

City

Equipment

Central heating

Properties

Garden on the plot
Fireplace
Terrace
Internet
TV

Location

Chania: Similar offers

Greece: best offers

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Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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