For Sale - Business 144 m² in Crete

For Sale: Prime Investment Opportunity by the Sea – Ierapetra, Crete

Just 60 meters from the shoreline, this exceptional property offers a rare business opportunity on a 2,919 sq.m. plot, ideally suited for investors seeking both immediate returns and long-term potential.

The estate includes two residences:

• A fully renovated and operational 53 sq.m. luxury suite, currently generating income through short-term rentals.
• A second 69 sq.m. two-bedroom suite, nearing completion, offering added rental potential or personal use.

Key Highlights:

• Proven Revenue Stream: Active short-term rental business with a strong online presence and a fully functional booking website.
• Development Potential: Valid building permits in place with the ability to construct over 400 sq.m., allowing for future expansion.
• Strategic Location: Direct access to the beach and large frontage on a provincial road, enhancing accessibility and visibility.
• Versatile Use: Ideal for seasoned investors or lifestyle buyers looking to combine leisure with passive income.

Whether you’re expanding your portfolio or searching for a lifestyle investment, this seafront gem offers security, scalability, and unmatched value in the heart of Crete.

The above information is based exclusively on information provided by the property owner to our company, which are subject to any typographical errors or price change by him.
PURSUANT TO LAW 4072/2012, IN ORDER TO VIEW THE PROPERTY, IT IS NECESSARY TO PROVIDE YOUR ID AND TAX NUMBER WHICH MUST BE INDICATED IN THE DEMONSTRATION AGREEMENT.
The indication on the map does not indicate the exact location of the property but the general area in which it is located. For any other information contact us.