Crete, Rethymnon, Rethymnon, Greece
- PROPERTY TYPE
Hotel
- BEDROOMS
4
- SIZE
3,229 sq ft
300 sq m
Key features
- Airy
Description
Hotel for Sale – 300 sq.m.
Price: €1,500,000
In the enchanting Old Town of Rethymno, an exceptional investment opportunity is presented: a unique commercial property that perfectly combines history, elegance, and functionality. The hotel, originally built in 1901 and renovated in 2008, is located in a highly privileged area, just a few steps from the sea and the picturesque alleys of the Old Town.
The property has a total surface area of 300 sq.m., spread across three levels (ground floor, first floor, and second floor). It features 4 spacious rooms and 4 offices, all enjoying natural light through aluminum double-aspect windows that offer sea views. The building is in excellent condition and provides all modern amenities, including air conditioning.
The property is valued at €1,500,000, corresponding to €5,000 per sq.m. An additional advantage is the possibility of developing retail shops, offering further income potential and making this an ideal investment in a rapidly growing tourist destination.
The rooms feature different layouts, highlighting the traditional character of Cretan architecture, elegantly combined with modern design elements.
The property also includes 4 WC, comfortable common areas, and balconies, allowing guests to enjoy the stunning views and the unique atmosphere of the Old Town.
The Old Town of Rethymno is one of the most popular destinations in Crete, renowned for its rich cultural heritage, beautiful beaches, and vibrant nightlife. The strategic location of the property ensures easy access to all major attractions, restaurants, and shops, making it highly attractive to tourists.
Real Estate Agency: Terra Real Estate
Email:
Phone: +30
Crete, Rethymnon, Rethymnon, Greece
NEAREST AIRPORTS
Distances are straight line measurements- Chania(International)22.2 miles
- Heraklion(International)39.7 miles
- Sitia(Local)92.6 miles
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Notes
This is a property advertisement provided and maintained by Terra Real Estate, Rethymno (reference 1919437) 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.