Sale, Commercial, Hotel

FAISTOS - KAMARES

Property Code: 530705

Rooms 31
Bathrooms 20
Floor 0 (Ground Floor)
Area 800 m2
Construction 1965

520000

Calculate my installment

650 € / m2

Modify Date: 16/07/26

Description

A 800 sq.m. hotel property, built in 1965 and partially renovated in 2000, set in the beautiful natural landscape of Southern Crete. An excellent opportunity for investors seeking a property with significant development potential. The property features: 31 guest rooms Spacious common areas Traditional architecture with distinctive character Excellent potential for renovation, reopening, or conversion into a modern hospitality establishment Ideal for hotel operation, boutique hotel, retreat, or other hospitality investment projects A separate fenced 300 sq.m. plot, located directly opposite the hotel, is also available. It can be purchased together with the hotel or separately, offering additional development opportunities according to the buyer's investment plans. The property enjoys a peaceful setting surrounded by authentic Cretan scenery, while offering convenient access to key attractions and destinations in the wider area.

Interested in this property?

Now through the website goldenhome.gr you can send a direct request for an appointment to show the property you are interested in. The service is completely free, fill in your details

Years of Operation : 45
Input Height (cm) : 3
Storehouse : In the space
Storehouse (s.m.) : 10
Elevator : No, Elevator capability
Rooms : Double, Triple, Single
Start of Hire : 7/2026
Heating : Without elevator heating
Hotel Category : 1*, 2*, 3*, 4*, 5*, 6*, 7*
Rental Performance : -0.01
Restaurant : Yes
Roof Garden : Yes, No
Access : Immediate, Bus, KTEL (Bus transport)
Parking Type : Open
Facilities : Restaurant
Use Area : Residential, Tourism
Ability to Change Use : In shopping center
Type of Construction : Conventional
Energy Class : F

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.

Looking for the perfect home? Get the financing you need! Click the button below to register your interest in a mortgage loan.

CALL US