3-Bed Apartment 115 sqm with Pool - Agios Nikolaos
€368,000
Description
New-build apartment of 115 sqm in Agios Nikolaos, 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.
3-Bed Apartment 115 sqm with Pool - Agios Nikolaos
€368,000
3
bedrooms
1
bathroom
115
sqm