Sale, Residential, Building

IRAKLIO KRITIS - CENTER

Property Code: 522056

Rooms 5

Bathrooms 0

Floor 0 (Ground Floor)

Parking 0

Area 270 m²

Construction 1940

250000

Calculate my installment

925.92592592593 € / m²

Modify Date: 09/06/26

Description

In a prime location in the heart of Heraklion city, a unique complex of two buildings is available for sale, one of which is a listed/preserved building, offering distinctive architectural character and exceptional development potential. The property features a total built area of approximately 270 sq.m. and includes: Ground-floor spaces, which historically operated as commercial shops (approximately since 1940), offering flexible configuration possibilities according to the new owner’s needs, such as commercial use, retail spaces, offices, hospitality, or tourism-related development. A first-floor apartment, suitable for residential or professional use. An independent, two-storey corner building, ideally positioned within the city center. Set on a 129 sq.m. plot with a building coefficient of 2.8, the property benefits from an exceptional central location, making it an ideal opportunity for investment or commercial exploitation, including a boutique hotel, Airbnb accommodation, hospitality spaces, offices, retail stores, or mixed-use development. The property requires renovation and structural reinforcement, offering significant potential for redesign and redevelopment according to the buyer’s investment vision. A rare investment opportunity in one of Heraklion’s most central and commercially valuable locations.

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Elevator :	No
Floors :	Mosaic, Cement mortar
Heating :	Without elevator heating
Pets acceptable :	Yes
Kitchen :	Independent
Stairs :	Interior
Type Power :	Single phase

Property area :	129
External appearance :	Good
Noise :	Quiet
Surrounding area :	Close to market, Close to public transports

Storehouse :	Yes
Zone :	Residential zone, Commercial
View :	Sideway
Position :	Corner, Facade
Suitable for Vacation House :	Yes
Suitable for Business use :	Yes
Suitable for Students :	No
Hired :	No
Orientation :	Eastern, Northern
Penthouse :	Yes
No. Floors :	2
Number of apartments :	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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