FOR SALE – Fully Renovated First-Floor Apartment in the Central Square of Kritsa
€190,000
Description
1. The apartment is fully renovated. 2. All water and electrical systems have been replaced. Including electrical panels and a water heater with a new solar panel. 3. There are two air conditioners in the apartment with a 10-year warranty. One in the main bedroom 9000 BTU, and one in the living room 12000 BTU. 4. New kitchen , not equipped. 5. New bathroom. 6. Lighted interior patio offering a dedicated area for relaxation and leisure, adding charm and extra value to the property. 7. All lighting fixtures are installed. 8. New flooring in the kitchen, patio and bathroom. 9. The existing flooring in all other parts of the house and the balcony was treated and renewed.
Features
Rental estimate
Estimated nightly rate
75 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
25,269 - 0 €
Estimated gross yield
Net after expenses & taxes: 9.9%*
Estimate based on Kairos ADR model. May-October season, 65% occupancy. Net after expenses (15%) and progressive Greek income tax.
* 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
Price per sqm: €2375/sqm, competitive for the Lassithi region. Estimated post-renovation net yield: 9.9% (gross 15.0%), attractive yield for Kritsa. Excluding renovation costs.
FOR SALE – Fully Renovated First-Floor Apartment in the Central Square of Kritsa
€190,000
2
bedrooms
1
bathroom
80
sqm