№ 2,365,515
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Block of flats 352 m² in Elounda

1,400,000 €
3,977 € /m²
  • Total area 352 m²
  • Yield —
  • Lease term —
  • Constructed  1983
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Irina Pchelinova
Irina Pchelinova
Investment consultant in Elounda
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    Key project parameters
    Total area
    352 m²
    Constructed 
    1983
    Project description

    This large building of a total of approximately 352 m² is located in one of the most beautiful spots of the region, just 600m. from the sea. It enjoys one of the most beautiful views of the salt pans of Elounda and the surrounding landscape. Ιt is a two-storey building that was built in 1983, functioned as a holiday complex. it comprises 6 independent residences, 3 on the ground floor (a total of about 200 sqm) and another 3 on the first floor (a total of about 152 sqm). All apartments have private balconies with excellent views. The building needs restoration to be developed for tourism or to turn it into a nice and comfortable villa. The plot is 10.397,44 sqm, providing the opportunity to build a swimming pool, large garden, terraces and parking. 1 km to the village and the sandy beach of Elounda. A 7 minutes drive to Agios Nikolaos, the capital of Lasithi. A 45 minutes drive to the international airport of Heraklion. Elounda Elounda was a small fishing town on the Mirabello Bay, on the island of Crete. Although fishing is still a large part of life in this very picturesque area, tourism has taken over as the main industry of Elounda. It is part of the municipality Agios Nikolaos. It is popular with European tourists and has many hotels including several 5*hotels. Elounda is also the closest major town to the former leper colony of Spinalonga. The town is a 10 minute drive to Agios Nikolaos and the village of Plaka (Lasithi). Agios Nikolaos Agios Nikolaos is the capital of the county Lasithi and is located at the Mirabello Bay, north-east Crete, only 40 mins away from the international airport of Heraklion.

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    Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
    annual yield
    From 15-17%
    investment exit horizon
    2–3 years
    full support at every stage
    Turnkey deal
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