Investment Opportunity

An investment property in an excellent location, just 100 meters from the sea and with frontage on the main coastal road, in Kokkini Hani, Heraklion, Crete.

The building has a total surface of 650sq.m. and is spread over 3 levels: a 245sq.m. basement, a 197sq.m. ground floor, and a 197sq.m. 1st floor, on a plot of 865sq.m.
Although it requires complete renovation, the property offers multiple possibilities for development, either as a boutique accommodation or as a complex of high-spec independent residences.

There is potential for the creation of up to 12 independent tourist units, with spacious communal areas, large terraces, and the possibility of constructing a swimming pool in the uncovered outdoor spaces.

An interesting proposal with great development potential, in one of the most accessible and dynamic locations of the Heraklion tourism zone.