In the very center of Heraklion, Crete – in a rapidly developing neighborhood with high tourist demand – a corner, standalone building of 538 sq.m. is available for sale, ideal for tourism or residential investment.
The property was built in 1950 and requires renovation, offering great potential for redesign and value enhancement.
Property Layout:-
Ground Floor (238 sq.m.): Reception area, 4 rooms, shared kitchen, and shared bathrooms.
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1st Floor (200 sq.m.): 6 rooms (ranging from 20–40 sq.m.), shared kitchen and bathrooms, plus a spacious 50 sq.m. balcony.
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2nd Floor (50 sq.m.): Independent apartment with one 20 sq.m. bedroom, bathroom, and access to a 200 sq.m. rooftop terrace, ideal for use as a roof garden, lounge, or rooftop bar.
The building is immediately transferable and presents a rare investment opportunity for those seeking a property with character and long-term potential in one of Crete’s most visited cities.
Key Features:-
High return potential
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Multiple development options
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Immediately available
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Ideal for conversion into a boutique hotel, hostel, or serviced apartments
Port distance: 5 minutes
Airport distance: 15 minutes
Surrounded by shops, restaurants, and local attractions
