Modern Two Bedroom Apartment Near Port Of Sitia, Crete, For Sale
€175,000
Description
Throughout the apartment, tiling exudes modern elegance, while comfort is assured year-round with central heating and individual air conditioning units in every room. Furthermore, the inclusion of solar panels ensures eco-friendly efficiency by providing hot water sustainably.
Features
Rental estimate
Estimated nightly rate
78 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
26,245 - 0 €
Estimated gross yield
Net after expenses & taxes: 10%*
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: €1786/sqm, competitive for the Lassithi region. Estimated net yield: 10.0% (gross 15.0%), attractive yield for Sitia. Based on Kairos ADR model, May-October season, 65% occupancy.
Modern Two Bedroom Apartment Near Port Of Sitia, Crete, For Sale
€175,000
2
bedrooms
2
bathrooms
98
sqm