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Crete, Rethymnon, Rethymnon, Greece

€650,000
MyElysium, Surrey UK
PROPERTY TYPE

House

BEDROOMS

2

BATHROOMS

2

SIZE

1,905 sq ft

177 sq m

Description

Boasting a prime location in one of the most prestigious districts of Rethymnon's enchanting Old Town, this exquisite property - originally built in the late 1800s - is a rare gem that combines historical charm with exceptional potential. With its classic architecture, ample interior space, and unbeatable positioning near key landmarks, it stands as a truly unique opportunity for those looking to invest in Crete's cultural and commercial heart.

Nestled beside a large park and an open-air playground, and adjacent to the impressive square of the Rethymno County Council, the building enjoys a privileged setting surrounded by cobblestone alleys, Venetian buildings, and the timeless beauty of the Old Town. Within walking distance to the sea and all major amenities, the location is ideal not only for residential use but also for commercial ventures, particularly within the HORECA sector (Hotel, Restaurant, Cafe).

Spanning two levels of 88.43 m² each, the building totals 176.86 m² of usable space and is accessed via three separate doors, offering flexibility in function and design. One entrance opens directly into the spacious living room, another leads into a central hallway, and the third opens to a stairwell connecting both levels.

The ground floor features a welcoming layout with the living room to the left of the central hallway, a kitchen and two WCs to the right, making the space highly adaptable for a private home, boutique hotel, gallery, or cafe. The well-preserved wooden staircase leads to the upper floor, which houses two bright bedrooms, both with en-suite bathrooms. The front bedroom is especially remarkable, featuring five large windows that bathe the room in natural light and offer charming views of the surrounding neighborhood. The second bedroom is equally inviting, with two windows allowing for airflow and sunlight.

A special highlight of the first floor is the internal patio - a rare feature in urban residences - offering a quiet, private outdoor space ideal for relaxation, small gatherings, or future renovation into a central courtyard.

This property is a true blank canvas with endless possibilities. Its rich historical character, generous layout, and premium location make it ideal for a stylish private residence, luxury vacation rental, or commercial conversion into a boutique hospitality venue. Whether you seek a cultural haven, an investment in the thriving tourism market, or a unique architectural restoration project, this Old Town treasure is ready to be brought back to life.

Crete, Rethymnon, Rethymnon, Greece

NEAREST AIRPORTS

Distances are straight line measurements
  • Chania(International)
    22.0 miles
  • Heraklion(International)
    39.9 miles
  • Sitia(Local)
    92.8 miles

Advice on buying Greek property

Learn everything you need to know to successfully find and buy a property in Greece.

About MyElysium, Surrey UK

Whether you’re looking for a holiday or permanent home in Cyprus, Greece or the Greek Islands, our experienced team are here to help make your search as easy and stress free as possible. We are available to chat to you day or night and happy to meet you in the UK, or even abroad, to help you start your journey. Our team has over 100 years of experience in property services in the UK and overseas; you will find us helpful, knowledgeable, and friendly, so please get in touch for an initial conversation. We understand that looking for property overseas can be daunting, so will provide all the necessary support, advice, and handholding you might need to guide you through the process. From initial research to completion of a purchase, we will be there! We can introduce you to specialist, solicitors, surveyors, financial and other professional advisors in Greece or Cyprus.

MyElysium is a member company of the AIPP (The Association of International Property Professionals) which exists to improve standards of professionalism and integrity in the international property market. The badge of AIPP membership is a reminder to you, the buyer, that a company must follow professional standards, and act with honesty, integrity, and transparency, essentially, everything you would expect from a company like MyElysium.

Searching for the right property can be a very enjoyable experience. Our properties on Rightmove are just a small selection of what we have available, so please visit our website to get an idea of what else we can show you. Through our partners in Cyprus and Greece we have access to 1000’s of other properties too, so if there is something specific that you are looking for, let us know and we will do our best to handpick the right selection for you to shortlist.

Contact us today to get started on your journey towards owning a beautiful home overseas!

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This is a property advertisement provided and maintained by MyElysium, Surrey UK (reference 139290) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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