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