Lifetime Opportunity: Established 13-Apartment Complex with Restaurant Ready for Sale

Iraklio, Dimos Chersonisou, Stalida
For sale
1.039.000 € 980.000 €

Offered for sale is a well-established complex of 13 fully operational apartments, a personal creation and lifelong project of the owner, built and carefully maintained by him over the past 40 years of uninterrupted operation. The sale is taking place solely due to retirement, not due to any issue with the property or business.

This is a clean, secure, and transparent investment:

-No mortgages or encumbrances
-All legal documents ready for immediate transfer
-All apartments are FULLY functional and in active use

The business operates independently from booking platforms such as Booking.com or Airbnb. It has its own dedicated website and professional email, with reservations made directly with the owner, ensuring autonomy, higher net returns, and a loyal client base built on trust.

The Restaurant – The Heart of the Property

The sale includes a traditional tavern/restaurant, along with all its professional equipment, fully operational and ready for immediate use.

The restaurant:

-Enjoys a strong reputation and excellent name within the local community
-Is an ideal space for serving breakfasts, brunches, or half-board meals to guests
-Offers a powerful opportunity to combine accommodation and dining, significantly increasing overall revenue

Upgrade & Development Opportunities

The new owner acquires a solid, proven foundation with multiple avenues for value growth:

Targeted renovation (light or premium) to increase daily rates

Selective entry into online booking platforms, alongside direct bookings

Creation of a hospitality concept (boutique, family-friendly, couples, slow tourism, authentic local experience)

Integrated accommodation & dining packages (breakfast, half-board, experiential dining)

Strengthening digital presence (branding, SEO, social media) with immediate ROI

Expansion of the restaurant’s use for events, themed nights, and non-resident guests

Conclusion

This is not merely a property.
It is a lifetime’s work, built with care, tested through decades, and offering stability, reputation, and future growth.

An ideal opportunity for investors seeking security, heritage, and long-term potential.

Category
Store
Sq. m.
0
Area
Stalida
See other real estate sales in the Store category
Characteristics
  • Property code:
    5083
  • Category:
    Store
  • Price:
    1.039.000 € 980.000 €
  • Location:
    Iraklio, Dimos Chersonisou, Stalida

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