Building 380 sqm with pool, 500 m from the sea - Paralia Milatou
€280,000
Description
Complex of 6 apartments totaling 380 m² in Paralia Milatou, located just 500 meters from the sea on a private 1400 m² plot. This property offers panoramic sea and mountain views, with garden, private parking and potential for an additional 400 m² extension. Perfect renovation project with strong rental potential in this charming seaside resort in Lassithi.
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: 5.4%*
* 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 737 EUR/m², attractive price for this complex with generous land and sea views. The 6-apartment format with pool potential generates a median ADR of 160 EUR/night. Gross yield estimated at 8.3% thanks to immediate beach proximity.
Building 380 sqm with pool, 500 m from the sea - Paralia Milatou
€280,000
5
bedrooms
1
bathroom
380
sqm