Edificio De Inversión: Hotel En El Corazón De La Ciudad De Heraklion, Creta.

For Sale | Investment Corner Building 538 sq.m. in the Center of Heraklion, Crete

Located in the heart of Heraklion, Crete, in a rapidly developing area with strong tourism activity and increasing investment demand, this corner standalone building with a total surface area of 538 sq.m. is available for sale, offering excellent potential for both tourism and residential exploitation.

The property dates back to 1950 and requires renovation, presenting significant opportunities for redevelopment and value enhancement, while remaining in good structural condition. It represents an exceptional investment opportunity with strong return potential in one of Greece’s most touristic destinations.

Property Description

Ground Floor | 238 sq.m.
The ground floor consists of a reception area, 4 rooms, a communal kitchen, and shared bathrooms, making it ideal for hospitality use.

First Floor | 200 sq.m.
The first floor features 6 spacious rooms ranging from 20–40 sq.m., as well as a large 50 sq.m. balcony, offering the possibility to create premium accommodation spaces.

Second Floor | 50 sq.m.
The second floor includes an independent apartment with a 20 sq.m. room, bathroom, and direct access to a private 200 sq.m. rooftop terrace, which can be transformed into a roof garden, lounge area, rooftop bar, or relaxation space overlooking the city.

Investment Highlights
• High investment return potential
• Multiple development and exploitation possibilities
• Immediately available for transfer
• Ideal for conversion into a boutique hotel, hostel, or serviced apartments
• Large rooftop terrace with premium development potential
• Corner and standalone property in a strategic location

Location Advantages
• 5 minutes from Heraklion Port
• 15 minutes from Heraklion International Airport
• Walking distance to shops, restaurants, cafés, and major points of interest

This property is an ideal opportunity for investors, hospitality groups, and developers seeking a character property with strategic positioning and significant development prospects within Crete’s thriving tourism and hospitality market.

The initial photos are indicative.