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COMMERCIAL

Crete, Rethymnon, Panormos, Greece

€750,000
Crete Property, Crete
PROPERTY TYPE

Hotel

BEDROOMS

7

BATHROOMS

7

SIZE

2,842 sq ft

264 sq m

Key features

  • Business
  • Investment

Description


This exceptional apartment complex is located on a 1,300 sq.m. plot in Panormos, Rethymno, just 250 meters from the sea and the beautiful local beaches. With modern design, excellent functionality, and a prime coastal location, it is an ideal choice for tourism use or as a high-yield investment property.
The property consists of seven fully equipped units, offering comfortable accommodation for all types of visitors—from families and couples to larger groups. It includes:
1. Maisonette with Sea View


Two bedrooms


Living room and kitchen


Bathroom


Balcony/terrace with open sea views


2. Two Apartments with Two Bedrooms Each


Perfect for family stays


Enjoy sea or pool views


Fully equipped with kitchen, living room, and spacious interior layout


3. One Luxury Apartment


High-end interior design


Spacious and modern


Ideal for premium rentals


4. One Studio with Panoramic Sea View


Ideal for couples


Stunning panoramic views of the Aegean


Practical, bright, and fully functional



Outdoor Areas
The complex offers a beautifully landscaped outdoor environment, ideal for relaxation and guest comfort.


28 sq.m. swimming pool


Well-maintained lawn and planted garden areas


Parking space for multiple vehicles


Two independent entrances for easy access


Fully fenced plot providing safety and privacy



Location – Panormos, Rethymno
Panormos is one of the most charming seaside villages in the region of Rethymno, known for its calm atmosphere, sandy beaches, and welcoming character. Situated just a 20-minute drive from the city of Rethymno, it offers easy access through the North Coast National Road, making it ideal for visitors exploring Crete.
The area features:


Traditional tavernas and seafront restaurants


Small cafés, beach bars, and boutique shops


Supermarkets and essential services


A small marina for boats


Crystal-clear waters perfect for swimming and water sports


Panormos is a popular destination for family holidays, couples, and travelers seeking tranquility with close proximity to larger urban centers.

Investment Highlights
This property is an excellent opportunity due to:


Ready-to-operate tourist accommodation complex


Only 250 meters from the beach


Seven independent units with strong rental demand


Prime location in a highly developing coastal village


Ideal for Airbnb/Booking, boutique accommodation, or a small hotel operation

Crete, Rethymnon, Panormos, Greece

NEAREST AIRPORTS

Distances are straight line measurements
  • Heraklion(International)
    27.9 miles
  • Chania(International)
    32.2 miles
  • Sitia(Local)
    80.9 miles

Advice on buying Greek property

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

About Crete Property, Crete

Trantallidou str. 13-15, 74100 Rethymnon, Crete, Greece

Our company Crete Property Consultants is one of the longest established estate agents specialising in the Island of Crete. Our expertise covers the full spectrum of real estate throughout the Island and we work with representatives and partners to bring you the best possible choice, whatever you are looking for.

• Beautiful beach side residences • Character stone ruins for renovation • Traditional village and town properties • Sleek lined new developments • ‘Off Plan’ to your own design • NEW – eco homes, design your own ‘B’ rated energy efficient ‘eco home in

Crete’ Viewing Properties

Properties come and go remarkably quickly, the website is updated daily, checking regularly or signing up for email updates of new arrivals will keep you informed. Please make appointments to view before you travel to Crete. There are no street names in most villages and somebody must take you individually to show you the properties. We will try to accommodate everyone but it is usually necessary to make an appointment in advance. Property particulars are believed to be correct, but their accuracy cannot be guaranteed and they do not form any part of a contract. We cannot be held responsible for omissions, price changes and withdrawals. In Greece, it is customary

for a lawyer to thoroughly check the ownership details before preparing a deed with a notary.

New introduction for ‘about us’

Spring 2023 sees a new beginning for Crete Property Consultants (CPC) For the first time CPC will be managed from an office in Crete alongside a team of Architects and Engineers who have been involved in the property business for over 20 years.

Domisi Development SA will be managing CPC from now on and I, Stavros Kapetanakis, will be on hand should they need my back up. Domisi have been involved in property for over 20 years and are a family of Architects and Engineers.

DomisiDevelopment SA value high quality construction and architectural design as well as retaining the harmony between building and the natural environment. We nurture an open and collaborative relationship with our clients and have a varied portfolio ofbuilding design.

We deal with customers from all over Europe who wish to take advantage of a safe and friendly lifestyle away from the stress of modern day living.

We are known for our ability to choose the best solution regarding the style of building.

Each site has its own special character that reflects the calm environment of the sea and the beauty of the rural countryside.

Specialised departments manage:

Architectural and structural design

Building construction

Interior design

Property Management

Through the company Creteholidayhome, which is a subsidiary and manages properties all over Greece!

Along with providing a reliable and consistant service, we are continually updating our building techniques to provide you with sale and cost effective building solutions. DomisiDevelopment SA is definitely the best move for someone who wants to make an investment. High quality construction, aesthetic value and carefully chosen sites, both inside and outside towns and villages, guarantee the growth of the building's value.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Crete Property, Crete (reference 1-894) 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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