2239406 Residential Building For Sale, Rhodes, 473 Sq.M., €850.000

Building for sale in Ialysos Rhodes. In one of the most established and well-regarded residential areas of Rhodes, in Ialysos, this renovated residential building represents a rare combination of scale, panoramic views, and immediate usability. Set on a generous 1,000 sq.m. plot, the property offers a total built surface of 473 sq.m. and is designed to function seamlessly either as a private multi-family residence or as a high-performing investment asset.

The building was originally constructed in 2000 and fully renovated in 2022, maintaining a solid structural base while upgrading comfort and functionality. It consists of three independent floor apartments, each with generous internal layouts that prioritize light, flow, and privacy. In total, the property includes nine bedrooms, three living rooms, three kitchens, three bathrooms, and three WC, offering flexibility for different residential or income-generating scenarios.

The ground-floor apartment measures approximately 183 sq.m. and features three bedrooms, a living room, a kitchen, and two bathrooms, making it ideal for owner occupation or premium long-term rental. The first floor offers a 145 sq.m. apartment with three bedrooms, living room, kitchen, and two bathrooms, while the second floor mirrors the same layout and size. Both upper-floor apartments benefit from front and rear balconies and enjoy unobstructed, panoramic sea views that significantly elevate the living experience and rental appeal.

The property is bright, dual-aspect, and front-facing, with a northeast orientation that enhances natural light while maintaining thermal comfort. It is equipped with central oil heating with individual metering, air conditioning, solar water heating, synthetic window frames, tiled floors, security door, elevator, storage areas, and full accessibility for people with reduced mobility. Energy efficiency is classified as Category C.

Externally, the building offers four private parking spaces, a private landscaped garden with barbecue area, open views, and direct asphalt road access. The surrounding environment is residential and well-developed, ensuring privacy while remaining close to key infrastructure. The property is located approximately 2,000 meters from the sea and just 800 meters from the city, providing an ideal balance between tranquility and accessibility.

This is a fully functional, renovated residential building with strong fundamentals — suitable for owner occupation, professional use, or investment exploitation with high yield potential. A property of this scale and clarity in Ialysos is rarely available, making it a compelling option for buyers seeking long-term value rather than short-term speculation.

PROPERTY ID: RB-1641.
Ktimatoemporiki Real Estate,
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