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RETHIMNO - CENTER
Property Code: 528157
Investment Residential Building of 397 sq.m. for Sale in the Center of Rethymno – Excellent Income Potential Located in a prime area of Rethymno, just a 5-minute walk from the city center, this independent residential building with a total area of 397 sq.m. is offered for sale. Well-maintained and in excellent condition, it represents an outstanding investment opportunity with immediate rental income. The property is developed over four levels: Ground Floor: 86.41 sq.m. First Floor: 131.30 sq.m. Second Floor: 114.55 sq.m. Third Floor (Penthouse): 65.15 sq.m. Property Layout Ground Floor Apartment (86 sq.m.).. Two comfortable bedrooms. Living room. Separate kitchen. One bathroom. Spacious private courtyard. Electric water heater. First, Second & Third Floor Apartments. Each floor consists of a spacious independent apartment featuring: Two large bedrooms. Separate kitchen. Bright and spacious living room. One bathroom. Aluminum window frames. Large balconies. Solar water heater. The penthouse apartment boasts a large terrace with beautiful open views, offering an ideal space for relaxation and outdoor living. Additional Features. Private enclosed parking space on the ground floor. Large storage room housing the central heating boiler. Elegant internal marble staircase. Bright, front-facing building. Well-maintained and carefully preserved throughout. Fully legalized property with all required documentation in place for an immediate transfer of ownership. Investment Opportunity. All apartments are currently rented, providing immediate rental income to the new owner. The first-floor apartment is successfully operated as an Airbnb property, enjoying excellent guest reviews and strong occupancy rates, delivering attractive returns and further enhancing the property's investment value. Prime Location. The building enjoys an exceptional location within walking distance of the center of Rethymno, offering easy access to: Shops and commercial areas. Restaurants and cafés. Public transportation. Public services. Schools and all everyday amenities. This is a rare opportunity to acquire a fully operational investment property in one of Crete's most desirable destinations. Combining an excellent location, established rental income, and significant future appreciation potential, this property is an ideal choice for investors seeking a secure and profitable real estate investment.
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| Elevator : | No |
| Floors : | Tile, Marble |
| Satellite Antena : | --- |
| Furnished : | Yes |
| Solar heater : | Yes |
| Heating : | Individual, Solar water heater |
| Pets acceptable : | Yes |
| Burner : | Petrol |
| Air conditioning : | Yes |
| Kitchen : | Independent, With window |
| Kitchen (number) : | 4 |
| Bathrooms : | Big |
| Bathrooms (number) : | 4 |
| Security door : | Yes |
| Stairs : | Interior |
| Fireplace : | Yes |
| Type Power : | Three phase |
| Rooms : | 8 |
| Terraces : | With beautiful view |
| External appearance : | Excellent, Beautiful entrance |
| Balconies : | In the bedrooms, In the living room with view, In the kitchen |
| Surrounding area : | Close to school, Close to market, Close to public transports |
| Tents : | Yes |
| Property area : | 174 |
| Storehouse : | Yes |
| Number of apartments : | 4 |
| Zone : | Residential zone, Commercial |
| View : | Sea, Park, Square, Unlimited |
| Positions Parking (number) : | 1 |
| Position : | Facade |
| Suitable for Vacation House : | Yes |
| Suitable for Business use : | Yes |
| Suitable for Students : | Yes |
| Hired : | Yes |
| Quality construction : | Excellent construction |
| Quality area : | Excellent |
| Orientation : | Eastern, Western |
| Penthouse : | Yes, With unobstructed view |
| Transportation : | Bus |
| Private Terrace : | Yes |
| Type Parking : | Open, Close |
| No. Floors : | 3 |
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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