Sale, Residential, Residence complex

RHODES - AFANTA

Property Code: 518679

Rooms 6
Bathrooms 6
Floor 0 (Ground Floor)
Area 250 m2
Construction 2007

560000

Calculate my installment

2240 € / m2

Modify Date: 17/06/26

Description

A detached apartment building comprising 6 fully furnished units, situated on a 370 sq.m. plot at the edge of the traditional village of Afandou, along the old Rhodes–Lindos road. The property consists of two floors with a total of six apartments, including four apartments of 49 sq.m. each and two studios of 29 sq.m. each. All units are currently rented, generating a steady monthly income of €2,000, while offering excellent potential for significantly higher returns through short-term holiday rentals. The building is conveniently located just 300 meters from the village square, within walking distance of supermarkets, restaurants, cafés, and all essential amenities. Afandou is a vibrant seaside village with approximately 6,000 permanent residents and strong tourist activity throughout the year. Its strategic location places it only 20 km from Rhodes Town, 6 km from the popular resort of Faliraki, 2 km from Kolymbia, and just 3 km from the renowned Tsambika Beach. Combining immediate rental income, strong tourism demand, and an excellent location in one of Rhodes’ most sought-after areas, this property represents an outstanding investment opportunity with substantial growth potential.

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Elevator : No
Floors : Tile
Furnished : Yes
Heating : Air condition
Kitchen : Single with dinning room
Type Power : Three phase
Terraces : Big
Property area : 370
Garden : Yes
Surrounding area : Very green, With big garden, Quiet area
Number of apartments : 6
Position : Facade
Hired : Yes
Quality construction : Modern construction
Transportation : Bus
Private Terrace : Sea view
No. Floors : 2

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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