7-Bedroom Villa for sale in Pelekanos, Chania

€ 850,000

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

• Bedrooms: 7
• Bathrooms: 5

The property is located in an extremely quiet area, on a verdant hillside, on the edge of a traditional village just outside the small town of Paleochora. It is an old stone house, which has been fully configured and is rented out as a tourist villa. It consists of an old part, which has been completely renovated in 2000 while in the same year it was expanded with the addition of two new buildings that were configured as guest houses. The area offers complete tranquility and privacy. The property is available for sale as it currently is, so that it can be used immediately as well as with a ready regular clientele so that it can provide you immediate income.

A rural road reaches the point, which is maintained so that it can be used by conventional cars while there is an asphalt road just 150 m from the edge of the plot. The owners have chosen to keep the road as it currently is, in order to preserve the character of the location. The property is on a western hillside that has views over a verdant plain. There is a gate at the frontage while the residence is located at the back and is surrounded by a large garden and many olive trees which, among other things, offer complete privacy. The three buildings form an L-shaped space and enclose a large swimming pool as well as courtyards with many sunny or shaded areas.

The old building is 97 m², accommodates the main areas of the residence and has been constructed in order to meet the needs of a small exhibition space, beyond its functionality. It includes the kitchen and a bathroom while the rest has been divided into alternative living and dining areas. Its size allows you to add more bedrooms in the future. In addition to the old house, there are a total of four independent apartments-guesthouses. Each has its own bathroom while two of them have an internal loft so that up to 4 people can be accommodated.

As it currently is, the property can accommodate a total of up to 14 people, which allows you to use it for tourist purposes and you can get the money of the purchase back in a short period of time. The olive trees are also very old and with a little care they may provide you a significant additional income. The property has, among other things, an external storage room of 11 m², solar panel, air conditioning and traditional wooden doors and windows. The sale price includes all the existing furniture and equipment. The plot of the property constitutes a very good investment as a large part of it is located within the residential zone of the village and allows you to construct several additional buildings for use or you can even sell them separately.

The seaside Paleochora is located south and is only 10 minutes' drive away. It has everything that is required for your daily needs as well as all kinds of shops and services. It has significant tourist interest during the summer months while the wider area is famous for its many and beautiful beaches. Alternatively, for anything else, you can go north to Kandanos, where in about 15 minutes’ drive you will find the medical center that serves the area. In Paleochora there is also a port with regular routes along the southern coastline of the prefecture, as well as to the beautiful island of Gavdos.