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3 bedroom house for sale

Rethymnon, Rethymnon, Crete, Greece

Guide Price
€420,000
A Place in Crete, Cardiff, UK
PROPERTY TYPE

House

BEDROOMS

3

BATHROOMS

1

SIZE

1,830 sq ft

170 sq m

Description

Prime Investment: Frontline Heritage House with Infinite Potential
Arkadiou Street & Beach Promenade | Rethymno, Crete

Positioned at one of the most coveted addresses in Rethymno, this two-story residence represents a rare opportunity to acquire a frontline property on the Beach Promenade. With a private entrance on the historic Arkadiou Street, this home bridges the gap between the charm of the Old Town and the allure of the Mediterranean Sea.

The property currently requires a full renovation, offering a visionary buyer the chance to create a bespoke luxury residence or a high-yield boutique "Rooms-to-Rent" business in a location where demand always outstrips supply.

The layout is perfectly suited for a high-end conversion:

1st Floor: Features a grand entrance hall, kitchen, bathroom, and a bedroom. The crown jewel is the expansive sitting room, which overlooks the palm-lined promenade and the sea-ideal for a signature luxury suite or an open-plan living area with floor-to-ceiling vistas.

2nd Floor: Comprising an entrance hall and two additional bedrooms. This level offers the elevation needed for premium guest rooms that feel tucked away from the world, yet remain steps from the water.

The Location: Dual access from Arkadiou St. (famed for its Venetian architecture and boutiques) and the Beach Promenade.

Boutique Rental Potential: Post-renovation, the property is structurally primed for 3+ luxury suites, commanding premium nightly rates in Crete's thriving tourism market.

Unobstructed Views: A permanent, front-row seat to the Aegean Sea sunset-a feature that significantly inflates property value over time.

Rethymnon, Rethymnon, Crete, Greece

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Chania(International)
    22.7 miles
  • Heraklion(International)
    39.6 miles
  • Sitia(Local)
    92.4 miles

Advice on buying Greek property

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

About A Place in Crete, Cardiff, UK

The Gate, Keppoch Street, Roath Cardiff CF64 3JW

A Place in Crete was established in 2016 and now offers one of the biggest selections of properties on Crete. We are based in Cardiff, South Wales and Rethymno and promote properties all over Crete.

We have successfully helped clients from the UK and all over the world secure their dream home. We offer a 1 to 1 personal service ranging from answering simple pre purchase questions to arranging property viewings as well as answer questions on Greek law and relocation services.

In 2019 A Place in Crete formed a second company called A Home in Crete and now partners with over 15 different real estate agents in Crete, giving you the biggest choice of properties on the island. We also offer a personal properties search service and are committed to finding you your dream home. With us you will be in safest hands from the start of your property search until you open the door to your dream home in Crete.

Notes

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This is a property advertisement provided and maintained by A Place in Crete, Cardiff, UK (reference HLOH0718) 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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