Exceptional Investment Opportunity: 220 sq.m. Commercial Space in Rethymno's Historic District

Dimos Rethymnis, Rethymno, Palia Poli
For sale
504.000 € 480.000 €

Property for sale in the center of the Old Town of Rethymno
A first and second floor property for sale, in an excellent location in the historic center of the Old Town of Rethymno, with an entrance from Arkadiou Street and a through layout, with a façade and on Eleftheriou Venizelou Street.
The first floor has an area of 220 sq.m., while the second floor has 40 sq.m., offering significant possibilities for utilization. An approved study has already been prepared for the property for the conversion of the two floors into a 5-suite hotel unit, exclusively for professional use.
The terrace of the property has a view of the sea and can be further developed (e.g. roof garden or relaxation area), giving significant added value to the property.
This is an excellent investment opportunity in one of the most commercial and tourist spots in the city.

Category
Block of Flats
Sq. m.
220
Area
Palia Poli
See other real estate sales in the Block of Flats category
Characteristics
  • Property code:
    19333240
  • Category:
    Block of Flats
  • Area:
    220m2
  • Price:
    504.000 € 480.000 €
  • Location:
    Dimos Rethymnis, Rethymno, Palia Poli
  • Bathrooms:
    6
  • Bedrooms:
    10
  • Energy class:
    G
  • Attic
  • Bright
  • From side to side
  • Incomplete
  • Internal staircase
  • Needs renovation
  • Storage room
  • Suitable for professional use
  • Veranda
  • View

Map

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