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.
See other real estate sales in the Block of Flats category
There are some extra costs that must be added to the price of the property.
These costs include Transfer Tax, Notary's Fees, Real Estate Fees, Estimated Lawyers's Fees and Land Registry.
The total value of the above is about 9% of the price of the property.
| Property Price | € 480.000 |
| Cost & Taxes (9%) | € 43.200 |
| Estimated Total Price | € 523.200 |
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 +30 210 220 5676 or +30 6944 870 180.
I am interested in viewing this property