For Sale: Residential Complex Of 2 Units (2nd & 3rd Floors, 95 Sq.M. Total) – Agios Nikolaos Centre,

Available for sale is an exceptional investment residential complex of 2 independent housing units with a total area of 95 sq.m. in the heart of Agios Nikolaos, located just 100 meters from the sea and 60 meters from the port. The complex occupies the 2nd and 3rd floors of a well-maintained building and comprises two fully renovated, self-contained apartments:

2nd Floor Apartment (65 sq.m.): Fully renovated in 2022, featuring a spacious entrance hall with storage, 1 bright bedroom with a private balcony, a modern high-end bathroom, tiled floors, an armored security door, a solar water heater, full electrical appliances, and an open-plan living room and kitchen with an island counter. Includes a second balcony with sea and port views, A/C throughout, a sofa-bed, and smart keyless access.

3rd Floor Penthouse (30 sq.m.): A fully renovated studio apartment (2022) crowned by an impressive 30 sq.m. covered veranda — the ultimate outdoor lounge area offering magnificent, panoramic sea views for dining and relaxation. The interior features 1 bedroom with a built-in wardrobe, a practical kitchenette, and 1 stylish bathroom. Equipped with a smart keyless access system, aluminum window frames, tiled floors, an armored security door, A/C, and a solar water heater.

Investment Highlights & Financial Yields:

A turn-key hospitality investment with a proven track record:
The average gross annual yield (Gross Yield) for the 2nd-floor apartment (65 sq.m.) for the 5-year period 2022–2026 stands at 5.00%, based on average annual income, with a yield range from 4.5% to 6.5%.
The average gross annual yield (Gross Yield) for the 3rd-floor penthouse (30 sq.m.) stands at 8.88%, based on average annual income, with a yield range from 6.25% to 11.25%.

An ideal residential package for dual high-yield tourism exploitation or a combination of private living and rental income. Located 65 km from Heraklion International Airport.

Property Code: ID 5920 RE/MAX Real

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RE/MAX REAL – Agios Nikolaos
6 Themistokleous Street, 72100
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RE/MAX REAL – Heraklion, Crete
Sofokli Venizelou Avenue [hidden information]
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