Unconverted hotel for sale in Akrotiri, Chania

Property Listings :: Akrotiri :: Search Results :: Property ID: PHS0862

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€ 500,000*

  • * Price is negotiable
  • € 439 per m²

Municipality of Akrotiri, Chania, Crete

AN ABANDONED COMPLEX OF 12 HOUSES

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The complex is located in the municipal unit Akrotiri of the municipality Chania, about 6 km east of the city center. It consists of 12 one-bedroom or two-bedroom residences. The 8 homes with 2 bedrooms are two-storeyed. Each one is about 110 m² and can accommodate up to 5 people as has bathroom, WC and open-plan area. The smaller houses are a total of 4. They are two-roomed, approximately 60 m² each one and can accommodate up to 3 people. The complex is of exceptional architecture. Every residence has large openings and exits in private or shared parts of the garden in the complex. Several traditional elements, such as stone slabs on the floors and wooden ceilings, have also been used. Some of the homes also have a fireplace.

The property has been constructed for use as a hotel while in the past some of the houses have been rented for long term. It is currently abandoned and needs maintenance works, mainly such as insulation, painting and replacement of some frames, doors and windows. It is an excellent investment opportunity and if you use properly the property you can get the money of the purchase back in a short period of time. The quiet neighborhood is in a perfect location between the city center, the airport and the port of Souda.

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  • Key features
    • Type : Hotel
    • Built in : 1980
    • Property area : 1,140 m²
    • Land area : 2,175 m²
    • Bedrooms : 20
    • Floors : 2
    • Closest beach : 4 km
  • Other attributes
    • Bottom floor : ground floor
    • Views : mountain views
    • Needs restoration : Yes
    • Heating Type : no heating
    • Bathrooms : 12
    • WC : 4
    • Balconies : 120 m²
    • Access : asphalt road
    • Sewage type : sewer system
    • Stone built : No
  • Amenities
    • Furnished : No
    • Fireplace : Yes
    • Air conditioners : No
    • Pool : No
    • Parking : 5 spots
    • Garage : No
    • Garden : Yes
    • Accessible to Disabled : No
    • Alarm : No
    • Elevator : No
    • Jacuzzi : No
    • Solar panel : No

Purchase fees & taxes

  • » Real Estate Fee : € 10,000
  • » Estim. Lawyer Fee : € 5,000
  • » Estim. Notary Fee : € 6,300
  • » Estim. Purch. Tax : € 15,000

About the region

Akrotiri (literally "promontory") is a peninsula and former municipality in the Chania peripheral unit, Crete, Greece. Since the 2011 local government reform it is part of the municipality Chania, of which it is a municipal unit. Its ancient name was Kiamon while the Byzantines called it Charaka. The seat of Akrotiri municipality was Pythari…

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