Agia Galini Phaedra

In the vibrant center of Agia Galini, just steps from the harbor and overlooking the lively Agora Street, these two buildings offer a rare investment opportunity combining commercial and residential potential.
The property of two buildings, across from each other, that complement each other with a strong selling point for investors who may want both. But also with the option of individual sale.
Plus a land plot of aproximately 1,000sq.m with 33 olive trees.
Property A - Mixed-Use Buildings (Approx. 300sq.m.)
On the Ground floor of 100m2:
An excellent opportunity to acquire a well-known restaurant located in the heart of the famous Taverna Street. Operating successfully since 1996, this business has built a strong reputation and loyal clientele, making it a trusted name in the local dining scene. The property measures 100sq.m and offers a welcoming and functional layout, ideal for both indoor and outdoor dining. Its premium position ensures high visibility and steady foot traffic all year round. This is a rare chance to take over a thriving business with decades of proven success in one of the most sought-after locations. The property is sold with all equipment and furnishes, ready for operation.
On the First Floor of 100m2:
A spacious two bedroom apartment with balcony views of Agora Street and side sea views of the harbor.
The property comprises of:
• Open space of a large fully equipped kitchen, dining area and living area
• Double bedroom with fitted wardrobes • Spacious bathroom with a bathtub
• Large bedroom with two single beds and wardrobes • Storage room • Plus additional entrance of the upper street
Additional information
• central heating • solar for hot water
• awnings • furnished On the Second Floor of 100m2:
A spacious two bedroom apartment with balcony views of Agora Street and side sea views of the harbor.
The property comprises of
• Open space of a large fully equipped kitchen, dining area and living area
• Βedroom with wardrobes and patio doors to the balcony
• Spacious bathroom with a bathtub
• Bedroom with fitted wardrobes and patio doors to the balcony
Additional information
• central heating • solar for hot water
• air-condition units
• awnings • lovely stone walls features
Property B - Commercial & Residential Building (Approx. 150sq.m.)
• Ground Floor (38sq.m.): Currently operating as a delicatessen.
• Basement (38sq.m.): Storage space.
• First Floor (35sq.m.): Living area, currently used for staff accommodation.
• Second Floor (35sq.m.): Additional living area currently used for staff accommodation with balcony.
Land plot of aprroximately 1.000sq.m with 33 olive trees the kind of Koroneiki.
Key Advantages:
• Prime location in the heart of Agia Galini
• Two buildings opposite each other, allowing multiple business and residential uses
• Immediate income potential from existing restaurant and delicatessen
• Traditional features combined with modern amenities
• Suitable for investors seeking commercial returns and/or private residences
A rare chance to acquire two versatile properties in one of Crete’s most charming seaside villages.
This unique property combines commercial potential with comfortable living spaces, making it an excellent choice for investors or those seeking a home with income opportunities in one of Crete’s most charming seaside villages.