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Available

Renovated Apartment in Kritsa Central Square

Kritsa, Lasithi

€190,000

Description

A fully renovated first-floor apartment in a building on the central square of Kritsa, a traditional mountain village a few kilometres from Agios Nikolaos. The entrance is level with the street, making access particularly easy. The 80 sqm apartment has two bedrooms, a renovated bathroom, and natural cross-ventilation that keeps it cool and comfortable in summer. Two air conditioning units (9,000 and 12,000 BTU) with a 10-year manufacturer warranty were installed during the renovation. The electrical and water systems have been completely replaced. A solar water heater covers hot water production. The kitchen and bathroom were renovated with quality materials, and the original flooring was carefully restored throughout. A lit interior patio brings natural light into the heart of the apartment. A rooftop terrace provides unobstructed views of the mountains and, on clear days, the sea. Kritsa is a lively village known for its craftsmanship and well-preserved Cretan architecture, just minutes from Agios Nikolaos.

Features

Dual-aspect
AC
New systems
Solar
Sea and mountain views
Rooftop

Rental estimate

Estimated nightly rate

50 - 0

Estimated occupancy rate

0%

Estimated annual revenue

9,000 - 0

Estimated gross yield

Net after expenses & taxes: 3.8%*

Data based on 2025 Airbnb comparables for renovated village apartments near Agios Nikolaos. Limited ceiling in peak season compared to pool villas.

* Gross yield = annual rental income ÷ purchase price. Net yield deducts running costs (maintenance, insurance, ENFIA) and Greek income tax on rental revenue. Estimates based on local market data — results not guaranteed.

The Kairos take

Our unfiltered, on-the-ground analysis

At €190,000 on the village square of Kritsa, this is one of the most accessible entry points for a renovated property with Airbnb potential in the Agios Nikolaos area. Village charm generates genuine demand: expect €9,000–13,000 gross annually, a gross yield around 6%. The ceiling is honest — no pool, no sea view — but the price already reflects that. Ideal for a first rental investment in Crete with a controlled budget.

AvailableCentral square, renovated, Airbnb

Renovated Apartment in Kritsa Central Square

€190,000

2

bedrooms

1

bathroom

80

sqm

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