Iraklion, Iraklion, Crete, Greece

This apartment building, with a total built area of 1,060 sq.m., is located in the Chanioporta area of Heraklion, one of the city's most central and commercially active districts. Benefiting from frontage on a main road, the property enjoys excellent visibility and accessibility. Its prime location makes it ideal for both investment purposes and owner-occupation, offering a combination of residential units and commercial space.

The property is situated on a 312 sq.m. plot, with the building extending over three upper floors. The ground floor features a 312 sq.m. retail/commercial unit, offering significant potential for a wide range of commercial uses thanks to its prominent location and street exposure.

The first floor (280 sq.m.) comprises seven apartments and one small storage room. The second floor, also measuring 280 sq.m., includes five apartments and one storage room. The third floor (188 sq.m.) accommodates four apartments. In total, the building consists of 11 studio apartments (both open-plan and one-bedroom layouts), 3 one-bedroom apartments, and 2 two-bedroom apartments, providing a diverse mix of residential units to suit different housing needs.

The original building was constructed in 1955, comprising the ground floor and the first two floors, while the third floor was added in 1974. Renovation works were carried out in 2019 and 2020, primarily involving upgrades to the electrical and plumbing systems. The property is also equipped with a solar water heating system.