$1,386,305

Residence Complex Ierapetra Greece

  • 4 Beds
  • 1 Baths
  • 4,306 Sqft
  • 1.44 Ac lot
  • Updated: June 18
  • 1
    Views for last 30 days

About the Property

Τhe complex is an excellent investment opportunity in an area with strong tourist development. The complex consists of 10 apartments with a total area of 400 sq.m., each of which is 40 sq.m. Five of them are located on the ground floor and five on the first floor, thus offering variety in the choice of apartments.
The apartments are in need of renovation, offering the investor the opportunity
Τhe complex is an excellent investment opportunity in an area with strong tourist development. The complex consists of 10 apartments with a total area of 400 sq.m., each of which is 40 sq.m. Five of them are located on the ground floor and five on the first floor, thus offering variety in the choice of apartments.
The apartments are in need of renovation, offering the investor the opportunity to adapt them according to the current trends and demands of tourists. The location of the property is excellent, being next to luxury 5-star hotels, restaurants with modern and traditional cuisine, as well as award-winning. The distance of only 150 meters from the beach gives the complex a big advantage.
The area is surrounded by shops, a mini market, a pharmacy, a hairdresser, a car rental office and walking paths, thus offering all the amenities for the residents. Access is easy via a country road, while there are also transport links that connect the area with Ierapetra and the surrounding areas.
The property is located on a plot of 4500 m2, providing the possibility for the creation of a swimming pool and the beautiful configuration of external spaces, thus enhancing the tourist exploitation of the property. The complex offers a unique opportunity for investors wishing to take advantage of the growing demand for tourist accommodation in an area of impressive growth and tourist interest. Distance from the sea 150, Plot size 4500sq.m, Energy class
Energy class H, Investment
Investment, Suitable for TOURIST EXPLOITATION, Face in provincial road, Needs to be renovated
NEEDS TO BE RENOVATED Property ID: P-3016
  • Property type

    Condo

  • Floors

    1

  • Year built

    1983

  • Price/sqft

    $321

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IERAPETRA, Greece View on Google Maps
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MARIA ANGELAKI PETRA Real Estate

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MARIA ANGELAKI PETRA Real Estate
Greece
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70
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2024
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MARIA ANGELAKI PETRA Real Estate
IERAPETRA, Greece
View agency profile
Last updated
June 18
First listed
Jun 14, 2024
Listing reference
P-3016
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