Investment Property For Sale In Splantzia, Chania

Investment property for sale in Splantzia, Chania, just a 5-minute walk from the Old Port and 1 km from Koum Kapi beach. The 168 sqm detached building spans two levels and includes three independent units: one 1-bedroom apartment with separate kitchen and two studio flats, all with ground-floor entrances. Corner location with access from three pedestrian streets. Built in 1960 and in need of renovation, offering strong potential for tourism-related use or rental income.
This 168 sqm detached building in the heart of Splantzia offers a solid investment opportunity with access from three pedestrian streets and a flexible internal layout. Spread across two levels, it includes three independent units all with private entrances on the ground floor: a one-bedroom apartment with a separate kitchen and two self-contained studio flats.
Positioned just a 5-minute walk from the Old Port of Chania and 1 km from Koum Kapi beach, the property enjoys a location that supports both residential and short-term rental demand. Surrounded by cafés, tavernas, shops, and everyday services, it sits in a vibrant area with consistent year-round visitor interest.
Built in 1960 and currently requiring renovation, the building presents multiple possibilities for redevelopment. Its corner structure, internal staircase, and dual-level layout allow for conversion into a small hospitality business, upgraded apartments, or a custom-use residential project.
Features include mosaic flooring, wooden window frames, and an energy class rating of H (>273%). While there is no installed heating system, the structure’s size and positioning support significant modern upgrades.
Ideal for investors seeking to enter the tourism or rental market in one of Chania’s most active districts, this property combines location, accessibility, and redevelopment flexibility.