Historical Building At The Port Of Agios Nikolaos – High-Value Investment Opportunity ( Golden Visa)
€890,000
Description
In the heart of one of Crete’s most iconic locations, overlooking the Mirabello Bay and directly connected to the vibrant rhythm of the town, this neoclassical property presents a rare opportunity for those seeking an investment with character and strong potential.
Features
Rental estimate
Estimated nightly rate
76 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
25,572 - 0 €
Estimated gross yield
Net after expenses & taxes: 2.1%*
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: €3921/sqm, average for the Lassithi region. Estimated net yield: 2.1% (gross 3.4%), moderate yield for Agios Nikolaos. Based on Kairos ADR model, May-October season, 65% occupancy.
Historical Building At The Port Of Agios Nikolaos – High-Value Investment Opportunity ( Golden Visa)
€890,000
2
bedrooms
1
bathroom
227
sqm