Stunning 476 sq.m. House Complex for Sale in Ierapetra, Crete - Perfect for Boutique Hotel Investment!

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for Sale

Description

In beautiful Ierapetra, south east Crete, and just 250 metres from the awarded (blue flag) Katharades beach on a land of 6624 m2, a property of two complexes is on sale. The first house complex, of 214 m2, includes 5 apartments of approximately 40 m2 and a utility apartment of 14 m2, and was built in 1980 to operate as a boutique hotel providing bedding for 20 persons. One of the 5 apartments has been completely renovated in 2017, including top quality aluminium frames, A+ air conditioning units and solar water heater while the rest 4 apartments are in need of renovation.The second house complex, completely detached from the first one, includes a two-storey house of 119 m2, built in 1986 and renovated in 2018, furnished with aluminium frames, solar water heater and one A+ air conditioning unit. Attached to this house, a two-storey building of 143 m2 is under construction as a second maisonette that can be converted to two or three smaller apartments as required. The land of 6624 m2 has two fronts, 135m in its main front facing the regional road,and 27 m at the back facing a local community road. It has 70 olive trees and pine gardens, is amphitheatrical with a unique horizon view, both mountains and sea, and has great spots for building infinite pools, barbecues as well as spacious parking lots.

See other real estate sales in the Block of Flats category

Quick Summary

Property Number:
16353
Property Status:
for Sale
Property Type:
Block of Flats
Area:
476
Price:
1.090.000   1.000.000
Location:
Lasithi, Dimos Ierapetras, Ierapetra
Construction Year:
1980
Renovation Year:
2018
Distance from Sea:
0.2 χλμ

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Property Cost & Taxes

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 € 1.000.000
Cost & Taxes (9%) € 90.000
Estimated Total Price € 1.090.000

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