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Sale, Residential, Building

IRAKLIO KRITIS - KSIROPOTAMOS

Property Code: 506470

Rooms 6
Bathrooms 4
Floor 0 (Ground Floor)
Area 375 m2
Construction 1992

390000

or by acquiring a mortgage €/ΜONTH

1040 € / m2

Modify Date: 04/02/26

Description

Investment Opportunity: Prime 375sq.m. Multi-Unit Building in Xiropotamos ​An exceptional investment opportunity is now available in the sought-after area of Xiropotamos. This 375sq.m. detached building, constructed in 1992, is in excellent condition and offers immediate rental income. It is a fully legal and "settled" property, ensuring a smooth and transparent transfer of ownership. ​Property Layout: ​Ground Floor (125sq.m.): A spacious, open-plan commercial shop with high visibility. Perfect for various business uses, either for rental or owner-occupancy. ​1st Floor (125sq.m.): ​One spacious 3-room apartment (90sq.m.) featuring 2 bedrooms. ​One two-room studio (35sq.m.). ​2nd Floor (125sq.m.): ​One spacious 3-room apartment (90sq.m.) featuring 2 bedrooms. ​One two-room studio (35sq.m.). ​Key Investment Highlights: ​Immediate ROI: All four residential units are currently leased, providing a steady and guaranteed income stream from day one. ​Strategic Location: Situated in a very quiet neighborhood in Xiropotamos, conveniently located next to schools and mini-markets—ideal for families and professionals. ​Excellent Condition: The building has been meticulously maintained and is in superb structural and aesthetic condition. ​Legal Compliance: The property is fully legalized and compliant with all building regulations, with no pending legal or urban planning issues. ​Investor’s Tip: The vacant ground-floor shop offers significant upside potential. Leasing this commercial space can substantially increase the property’s total annual yield.

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Renovation : Some
Elevator : No
Floors : Tile
Furnished : Some
Heating : Central, Air condition, Solar water heater
Kitchen : Bright
Type Power : Single phase
Floor area 0 : 125
Level Use : Store
Floor area 1 : 125
Level Use : Apartment
Floor area 2 : 125
Level Use : Apartment
Property area : 165
Surrounding area : Very green, Close to school, Quiet area, Close to public transports
No. Floors : 3
Number of apartments : 3
Position : Facade
Transportation : Bus

Loan Calculation

Loan Amount *Minimum loan amount 10.000€ Floating Interest Rate: Euribor 3M (indicatively 2%) + spread (from 1.75%) + contribution L.128/75 (0.12%) Fixed Interest Rate: from 2.8% + contribution L.128/75 (0.12%)
Loan Interest
Loan Repayment Period

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

Indicative Installment Amount

Interest Amount:
*The final interest rate is determined based on the mortgage loan program (floating, hybrid, fixed) and the borrower's profile.

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