Sale, Residential, Floor Apartment

RHODES - CHORA

Property Code: 535911

Rooms 3
Bathrooms 1
Floor 1 (1st)
Area 90 m2
Construction 1950

270000

Calculate my installment

3000 € / m2

Modify Date: 02/09/26

Description

Exclusive Investment Opportunity in the Heart of Rhodes Old Town A **rare investment opportunity in the heart of Rhodes Old Town**, this fully renovated **90 sq.m. upper-floor apartment** combines authentic historic character with modern comfort and excellent potential for tourist exploitation. The property offers **3 bedrooms**, functional and comfortable living spaces, a charming small balcony, and has been **fully renovated with great attention to detail**, creating a warm, elegant and inviting atmosphere. ### INVESTMENT POTENTIAL Located in one of the most sought-after and internationally recognized areas of Rhodes, the property benefits from the **strong and consistent tourist demand of the Old Town**. The current tourist operation achieves daily rates of approximately **€120–€130**, while during periods of particularly high demand, rates have reached **€180–€200 per night**. The main tourist season runs approximately from **April to October**, with current seasonal turnover averaging around **€20,000**. With further optimization of the property's presentation, pricing strategy and professional management, there is potential for the annual seasonal turnover to increase significantly, potentially reaching **€30,000**, depending on occupancy, nightly rates and market conditions. ### KEY FEATURES **90 sq.m. • 3 Bedrooms • Fully Renovated • Small Balcony • Upper-Floor Apartment • Rhodes Old Town • Strong Tourist Demand • Excellent Investment Potential** ### A PROPERTY WITH CHARACTER. A LOCATION WITH GLOBAL APPEAL.

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Boiler : ---
Renovation : Complete
Elevator : No
Floors : Oak
Solar heater : Yes
Heating : Air condition
CCTV : Installation
Pets acceptable : Yes
Air conditioning : Yes
Kitchen : With window
Kitchen (number) : 1
Bathrooms : Bright
Bathrooms (number) : 1
Security door : Yes
External appearance : Good
Garden : Shared
Balconies : Perimeter
Balconies (s.m.) : 10
Surrounding area : Pedestrian street, Close to market
No. Floors : 1
Number of apartments : 2
Zone : Residential zone, Commercial
View : Sea
Positions Parking (number) : 0
Suitable for Vacation House : No
Suitable for Business use : No
Suitable for Students : No
Hired : No
Quality construction : Excellent construction
Quality area : Excellent
Orientation : Eastern
Alarm : Preinstallation

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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