- 27,285,000 €
- 4.7% yield
An excellent investment opportunity in the serene area of Koutsounari, near Ierapetra, Crete. This charming hotel complex offers the perfect blend of tranquility, natural beauty, and proximity to the sea. Total Built Area: Approx. 450 sq. m. (plus 16 sq. m. storage) Land Size: 5,670 sq. m. of natural surroundings with olive trees and mountain views Complex Composition: — 10 fully equipped apartments (each 25–40 sq. m.) — 1 house — 1 shop/café — Storage space Each apartment/studio features a kitchenette, bathroom and a veranda with pergola for shade. Location: Just 250–300 meters from the beach, this property enjoys a prime position that combines easy access to the sea with peaceful, natural surroundings. The area is ideal for visitors seeking a quiet retreat, yet it remains conveniently close to Ierapetra town, which offers all amenities and services. Features & Potential: The complex’s size and layout make it suitable for use as a boutique hotel or holiday apartments. The existing shop/café adds potential for on-site services, while the ample land provides space for expansion, a swimming pool, or further landscaping projects. Town of Ierapetra — about a 10-minute drive away. The international airport of Heraklion is about a 90-minute drive away while the airport of Sitia is about an hour’s drive away.
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