Apartment 3 bed 115 sqm with pool & sea view - Agios Nikolaos - Center
€368,000
Description
New-build apartment of 115 sqm in Agios Nikolaos - Center, Agios Nikolaos, completed in 2025. Features 3 bedrooms, 1 bathroom, spread over 2 levels. Key highlights: sea views, swimming pool. Modern construction with quality materials at €3200/sqm. Ideal short-term rental configuration with pool and sea views, the two most sought-after features by holidaymakers.
Features
Rental estimate
Estimated nightly rate
205 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
37,412 - 0 €
Estimated gross yield
Net after expenses & taxes: 5.2%*
Estimate based on 36 Airbnb comparables in the Agios Nikolaos area (3±1 bedrooms). Adjusted median rate: €342/night. Conservative 50% occupancy (Lassithi). Net yield deducts: ~20% property management, ENFIA, maintenance, insurance, 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
Nearly identical to unit 61696 (same residence, same distance from sea) with 5 sqm more for EUR 13,000 extra. At EUR 3,200/sqm, the price matches the Agios Nikolaos average exactly. The advantage of this unit over the previous one: the internal staircase and split across 2 levels offer more privacy between living and sleeping areas, a feature that family travellers appreciate. The 800m distance from the sea remains the weak point for holiday rentals: a vehicle is essential, which some travellers do not have. Gross yield sits around 8% in a conservative scenario. Worth comparing with unit 61696 before deciding.
Apartment 3 bed 115 sqm with pool & sea view - Agios Nikolaos - Center
€368,000
3
bedrooms
1
bathroom
115
sqm