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