Sale, Residential, Apartment

RETHIMNO - CENTER

Property Code: 529885

Rooms 2
Bathrooms 2
Floor 1 (1st)
Area 85 m2
Construction 1979

290000

Calculate my installment

3411.7647058824 € / m2

Modify Date: 29/07/26

Description

Unique Investment Property for Sale in the Heart of Rethymno Old Town An outstanding opportunity to acquire a property in one of the most sought-after locations in Rethymno, just a short walk from the historic Venetian Harbor. This first-floor residence, located in a two-storey building, has a total area of 99 sq.m. and is ideal for private use, long-term rental, or tourism investment. Property Features The property consists of: Two independent one-bedroom apartments, each measuring 40 sq.m. Each apartment includes: One comfortable bedroom Living room Fully equipped kitchen One bathroom Shared common area (staircase and entrance hall) of 4 sq.m. Private open courtyard of 9 sq.m., including a small WC. A wooden staircase leads to the rooftop, where there is an additional 15 sq.m. low-ceiling room, suitable for storage, a home office, or other auxiliary use. Additional Features Year of construction: 1979 Fully renovated in 2003, including: New plumbing and electrical installations Renovated kitchens and bathrooms Roof waterproofing and insulation Fully furnished and equipped, ready for immediate use. Currently rented, providing a stable monthly rental income. Spacious rooftop terrace, ideal for creating a BBQ and outdoor lounge area with beautiful views over the Old Town. Excellent Investment Opportunity Thanks to its exceptional location in the historic center of Rethymno, only a few minutes from the famous Venetian Harbor, this property is perfectly suited for: Short-term holiday rentals (Airbnb or similar platforms) Long-term rental investment A ready-to-generate income property with excellent return potential This charming property combines traditional character with modern comforts in one of Crete's most desirable destinations. Whether you are looking for a secure investment or a unique property with significant tourism potential, this is a rare opportunity not to be missed.

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WC : Small
WC (number) : 1
Renovation : Complete
Drainage : Sewer
Elevator : No
Floors : Mosaic, Marble
Satellite Antena : ---
Furnished : Yes
Electrical devices : All
Heating : Air condition
Pets acceptable : Yes
Air conditioning : Yes
Kitchen : Single with living room
Kitchen (number) : 2
Bathrooms : Big, Bright
Bathrooms (number) : 2
Stairs : Interior
Type Power : Single phase
Terraces : Εxclusive use of the terrace
Property area : 126
External appearance : Good
Noise : Quiet
Balconies (s.m.) : 0
Surrounding area : Close to the sea, Pedestrian street, Close to market, Quiet area, Close to public transports
Storehouse : Yes
Number of apartments : 2
Zone : Residential zone
View : Sea
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 : Northeastern
Penthouse : Yes, With unobstructed view
Transportation : Bus
Type Parking : Open

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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