Building 220 sqm with pool - Kentri
€695,000
Description
220 m² building on 1000 m² plot in Kentri, featuring a 120 m² commercial space on ground floor and 100 m² apartment upstairs with 4 bedrooms and balconies. Located just 2 km from the Mediterranean Sea, this property offers direct access to the main road and is 6 minutes by car from Ierapetra and beaches.
Features
Rental estimate
Estimated nightly rate
77 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
19,799 - 0 €
Estimated gross yield
Net after expenses & taxes: 2.2%*
* 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 3159 EUR/m², attractive pricing for a mixed commercial-residential property with generous land. The unique shop + apartment configuration generates an estimated ADR of 77-242 EUR/night depending on season. Gross yield estimated at 3.4% thanks to proximity to Ierapetra.
Building 220 sqm with pool - Kentri
€695,000
4
bedrooms
1
bathroom
220
sqm