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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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