ARCHANES - ASTEROUSIA - EPANO ARCHANES
Property Code: 476278
Traditional Stone Building Complex for Sale in Ano Archanes, Heraklion, Crete Located in the heart of the picturesque village of Ano Archanes, one of Crete's most charming and sought-after traditional settlements, this unique property presents an outstanding opportunity to create a remarkable private residence, boutique accommodation, or investment project. The property consists of two adjoining two-storey buildings, offering exceptional flexibility for renovation and redevelopment. The first building is a traditional stone-built house, preserving the authentic character and architectural charm of old Crete. It enjoys direct access to a private courtyard, which can be beautifully landscaped into an outdoor living area or converted into a private parking space. Adjacent to it is a second two-storey building with multiple layout possibilities. The ground floor can be transformed into a spacious storage area or an independent one-bedroom residence, while the upper floor can be redesigned as a separate two-bedroom apartment, making the property ideal for multi-family living or rental income. The entire property requires renovation, offering the new owner the freedom to design and customize the spaces according to their own vision and requirements while significantly increasing its market value. A major advantage is the possibility of dividing the property into two independent buildings through a vertical ownership arrangement, providing excellent flexibility for resale, separate ownership, or multiple investment strategies. An excellent opportunity for: A unique private residence with authentic Cretan character. Boutique holiday accommodation or luxury rental units. Short-term or long-term rental investment. Property developers seeking a renovation project with significant added value. Investors looking to create two independent properties for maximum return. Combining traditional Cretan architecture, generous redevelopment potential, and a prime location in one of the island's most attractive villages, this property represents an exceptional investment opportunity with outstanding future prospects.
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| Renovation : | Some |
| Elevator : | No |
| Floors : | Tile |
| Satellite Antena : | --- |
| Furnished : | Some |
| Solar heater : | Yes |
| Heating : | Without elevator heating |
| Pets acceptable : | Yes |
| Air conditioning : | Yes |
| Kitchen : | Independent |
| Kitchen (number) : | 2 |
| Stairs : | Interior |
| Type Power : | Single phase |
| Property area : | 220 |
| External appearance : | Good |
| Balconies (s.m.) : | 2 |
| Surrounding area : | Close to market, Quiet area |
| Storehouse : | Yes, Big, In the house |
| No. Floors : | 2 |
| Number of apartments : | 2 |
| Zone : | Residential zone |
| View : | Mountain |
| Position : | Facade |
| Suitable for Vacation House : | Yes |
| Suitable for Business use : | Yes |
| Suitable for Students : | No |
| Property status : | Unfinished |
| Quality construction : | Modern construction |
| Orientation : | Northern |
| Transportation : | Bus |
Example: Loan of €100,000, total duration 30 years. For the first three years, final interest rate 2.92% and for the remaining 27 years, final interest rate 4%. Indicative installment for the first three years ~€420 and for the remaining 27 years ~€500
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