Building for sale in Pelekanos, Chania

€ 780,000*

Mun. unit of Pelekanos, Kantanos-Selino, Chania, Crete

• Bedrooms: 10
• Bathrooms: 9
• WC: 1

The property is located on the coastal road of Paleochora and has a large frontage and greenery in front of the sea. It consists of 8 studios on the ground floor and the first floor, two staff apartments and auxiliary spaces on the basement as well as a commercial store, which is currently leased to a restaurant. All rooms on the two upper levels have direct or side views of the sea. They need improvements, as the entire building but they can provide you a significant income.

Paleochora is a small town of high tourist interest and offers great potential in the future. Within a short walking distance you will find several shops and services as well as many cafés or restaurants along the coast, right in front. Paleochora also has two large and beautiful beaches with many areas with facilities or quieter places as well as sandy or pebbly spaces. The property has all the necessary elements in order to become a luxury boutique hotel in front of the sea and you can get the money of any investment back, in a short period of time.