RHODES - CHORA
Property Code: 535911
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 |
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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