Sale, Residential, Building

IRAKLIO KRITIS - CENTER

Property Code: 523925

Rooms 6
Bathrooms 2
Floor 0 (Ground Floor)
Area 338 m2
Construction 1960

550000

or by acquiring a mortgage €/ΜONTH

1627.2189349112 € / m2

Modify Date: 27/05/26

Description

In the heart of Heraklion, Crete, on a quiet and privileged street within the city center, an exceptional corner building of 338 sq.m. is offered for sale, developed across three levels. This is a property of distinctive character and high investment value, perfectly combining strategic location with timeless architectural potential. The building features wraparound balconies on all levels, allowing abundant natural light to flow throughout the interiors while enhancing the sense of openness and elegance. Its prominent corner position offers excellent visibility and rare unobstructed views, a unique advantage for properties located in the historic center of the city. The ground floor includes a commercial retail space with independent access and an impressive façade, ideal for a luxury retail concept, showroom, café, or hospitality use. The upper floors present an outstanding opportunity for conversion into an elegant boutique hotel or modern Airbnb studios, capitalizing on the continuously growing tourism market of Heraklion and Crete. Its prime location is one of the property’s strongest assets, offering immediate access to restaurants, shopping districts, cultural landmarks, and everyday amenities, while still maintaining the tranquility of a peaceful neighborhood in the city center. A rare investment opportunity for discerning buyers seeking a prestigious property with strong income potential and long-term added value in one of Crete’s most dynamic destinations.

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Drainage : Sewer
Elevator : No
Floors : Mosaic
Satellite Antena : ---
Pets acceptable : Yes
Kitchen (number) : 2
Bathrooms (number) : 2
Stairs : Interior
Type Power : Single phase
Natural Gas : ---
Heating : Without elevator heating
Kitchen : Bright
Terraces : Perimeter
Property area : 120.81
Balconies : Perimeter
Balconies (s.m.) : 20
Surrounding area : Close to school, Close to market, Close to public transports
Storehouse : Yes
No. Floors : 2
Suitable for Vacation House : Yes
Suitable for Business use : Yes
Suitable for Students : Yes
Quality area : Excellent
Orientation : Eastern
Penthouse : Yes
Transportation : Bus
Storehouse (s.m.) : 10
Number of apartments : 2
Zone : Residential zone
Position : Corner, Facade

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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