Kantrida – 2 Adjacent Apartments With Rental Income

Located in an attractive area of Kantrida, two adjacent apartments are for sale, each with its own entrance, and sold exclusively as a package. The apartments are positioned next to each other, offering the future owner the possibility of combining them into one larger residential unit. The total usable area is approximately 154 m², providing additional flexibility for various uses – from a spacious family home to a combination of living and investment.

The smaller apartment, with an actual size of approximately 50 m², consists of one bedroom, a living room, and a kitchen in an open layout. It includes a parking space and a yard, and offers a sea view. It is located on the ground floor and is registered as a commercial space. The apartment has been rented to companies and also used during the tourist season, generating an annual income of approximately €29,000.

The larger apartment, with an actual size of approximately 90 m², consists of two bedrooms, a living room, and a separate kitchen. It is also located on the ground floor and features a private parking space, a terrace, and a sea view. The apartment has been rented to companies during the year and used for short-term rentals during the tourist season, generating an annual income of approximately €46,000.

Both apartments are registered as commercial properties and are actively advertised and rented via tourist platforms, allowing for the continuation of an already established business. They are currently undergoing a complete renovation and will be ready for the upcoming tourist season, with no additional investment required.

The total annual income of both apartments is approximately €75,000, making this property an extremely attractive investment with an already established and stable revenue stream.

The apartments are located just 400 meters from the sea and the beach, further increasing their value and rental appeal. The location is ideal for both tourist activities and everyday living, given its proximity to schools, shops, parks, and all essential amenities.

This property represents a rare opportunity on the market – the possibility of combining two units into one larger property while maintaining an already secured income and an exceptional location.

The brokerage fee is calculated in accordance with the General Terms and Conditions.

ID CODE: 7793