Charming Cretan Apartment Complex for Sale in Old Malia - Ideal for Hospitality

Iraklio, Dimos Chersonisou, Malia
For sale
1.284.000 € 1.200.000 €

An outstanding opportunity to acquire a fully operational and spacious apartment complex in one of Crete’s most desirable destinations!
Situated at the entrance of Old Malia, this property blends authentic Cretan charm with modern functionality, offering great potential for investment, boutique hospitality, or year-round operation.

Property Overview

The complex includes 19 large and fully equipped apartments, distributed across several levels:

Basement Level:
3 spacious apartments, a large reception area, and a comfortable waiting lounge.
Ground Floor:
5 apartments and 2 linen storage rooms .
First Floor:
5 bright and spacious apartments with private balconies.
Second Floor:
6 comfortable and airy apartments, each with a lovely view.
Third Floor (Penthouse):
A very large and impressive apartment with many windows, offering natural light and stunning panoramic views of Malia and Hersonissos. 2 bedrooms , 1 kitchen , 1 bathroom , 2 storage rooms.
Features & Amenities
All apartments are very spacious, ensuring comfort and privacy.
Private balconies in every apartment with mountain and sea views.
Large reception area with direct access to the swimming pool.
Private water drilling system for reliable water supply.
Oil heating system and radiators throughout, making the property fully functional even during winter.
Solar panels provide hot water every day for all rooms.
Air conditioning in every apartment.
Municipal parking located directly across the street.
The National Road is only 150 meters away, offering easy access to Heraklion, Hersonissos, and Agios Nikolaos.
The beach is just 1 km away, along a scenic route through the charming Old Malia village, perfect for a pleasant walk full of local character.
Possibility to install an elevator, providing added convenience and accessibility for guests.
All apartments are bright all day long.
Highlights
Fully equipped and ready-to-run investment.
Ideal for tourist accommodation, boutique hotel, or long-term rentals.
Spacious design, modern amenities, and traditional Cretan aesthetics.
Quiet yet easily accessible location near main attractions.

Category
Hotel
Sq. m.
0
Area
Malia
See other real estate sales in the Hotel category
Characteristics
  • Property code:
    4891
  • Category:
    Hotel
  • Price:
    1.284.000 € 1.200.000 €
  • Location:
    Iraklio, Dimos Chersonisou, Malia
  • Distance from the sea:
    1 χλμ meters

Map

Are you interested in viewing this property?

Click the red box "I am interested in viewing this property", fill in your details, sign in the box, and click submit. The cooperating real estate agency will contact you shortly to arrange an appointment. For more information, call us now at +302102205676 or +30 6944 870 180.

I am interested in viewing this property
Order to Indicate Real Estate
×

** I hereby declare that the above information is true, accurate and corresponds to my personal details. I assume full responsibility for its correctness and acknowledge that the submission of false or inaccurate information may result in the applicable legal consequences.

The present email also serves as a directive to indicate the purchase of the property I am interested in, which is being presented to me for the first time by you, the real estate agency «RE1», and which has never been shown to me by anyone else. In the event of a purchase in my name or in the name of any member of my family, or in the name of my partner or associate, or by a company of which I am a member, and which concerns the aforementioned property in whole or in part, I am obliged to pay the brokerage fee of 2.48% including VAT, based on the stated price, which I consider reasonable and not excessive, and I waive the right under Article 707 of the Civil Code to request a reduction from the court, and will pay on the day of the contract. I also acknowledge and accept that this directive is indefinite, and the aforementioned real estate agency may also act on behalf of the counterparty.

I also declare that I have been informed that my agent, in accordance with European Regulation 679/2016, maintains my personal data and I consent to any form of communication between us. The real estate agency «RE1» bears no responsibility for anything that may happen in the future after the purchase of any of the aforementioned properties. The contracting parties agree that for the resolution of any dispute that may arise from the interpretation or execution of this contract, the Courts of the Heraklion Crete First Instance Court have jurisdiction.

This directive is valid via email, and I have received a copy of this directive in my email.

Signature
Clear signature