2526799 Apartment For Sale, Rhodes, 189 Sq.M., €580.000

EXCEPTIONAL INVESTMENT PROPERTY IN THE HEART OF THE ISLAND’S COMMERCIAL CENTER

On the 3rd floor of a sought-after apartment building in the “heart” of Rhodes, a spacious 189-square-meter apartment is available for sale. This is a rare, high-yield investment opportunity, as its location and square footage offer exceptional flexibility for use.

Investment Flexibility: The property is in need of renovation and can be subdivided into several smaller apartments for short-term (Airbnb) or long-term rentals. At the same time, there is the rare opportunity to merge it with the adjacent apartment, creating a single space with tremendous visibility and value.

Alternative Uses: Ideal for conversion into a luxurious primary residence with a separate studio for rental, or even for conversion into a commercial space or office.

Unique View: It features a terrace with an unobstructed view of the illuminated “Sound and Light” show, while also offering a partial view of the sea.

The commercial center of Rhodes is the island’s timeless economic and tourist hub, offering direct access to shopping, dining, and historical attractions.