$1,401,152

For Sale | Investment Corner Building 538 Sq.M. In The Center Of Heraklion, Crete

  • 11 Beds
  • 9 Baths
  • 5,791 Sqft
  • Updated: May 20

About the Property

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.

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.

RE/MAX Real

[hidden information]

Remax real 1: Heraklion, Crete, Sofokli Venizelou Avenue [hidden information]
Phone: [hidden information]598 Mobile: [hidden information]
Email: [hidden information]

Remax real 2: Agios Nikolaos , Themistokleous 6 , 72100
Phone: 2841181240 Mobile: [hidden information]
Email: [hidden information]

We are at your disposal for any additional information and to schedule a visit to the property. Contact us today to find the property you have always dreamed of!
  • Property type

    Other

  • Floors

    3

  • Year built

    1950

  • Price/sqft

    $241

  • Consumption

    E

Explore the Area

1st Community of Heraklion - Central, Heraklion, Greece View on Google Maps
Price per sqft
Low
High

View 13 more listings in 1st Community of Heraklion - Central

RE/MAX Real

Joined 3 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

RE/MAX Real
Greece
View agency profile
152
Listings
2023
Joined
5
1 review

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
RE/MAX Real
Irakleion Crete, Greece
View agency profile
Last updated
May 20
First listed
Feb 13, 2024
Listing reference
3132
Call

Start phone call with:

Hello, I’m calling for the property with the reference 3132, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.