For Sale: Cozy Beachside Home in Agios Nikolaos, Crete
€155,000
Description
Located in one of the most beautiful and peaceful areas of Agios Nikolaos, just a few steps from the beach, this charming 40 sq.m. apartment is now available for sale — perfect for couples, students, or as an investment opportunity.
Features
Rental estimate
Estimated nightly rate
72 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
24,226 - 0 €
Estimated gross yield
Net after expenses & taxes: 10%*
Estimate based on Kairos ADR model. May-October season, 65% occupancy. Net after expenses (15%) and progressive 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
Price per sqm: €3875/sqm, average for the Lassithi region. Estimated net yield: 10.0% (gross 15.0%), attractive yield for Agios Nikolaos. Based on Kairos ADR model, May-October season, 65% occupancy.
For Sale: Cozy Beachside Home in Agios Nikolaos, Crete
€155,000
1
bedroom
1
bathroom
40
sqm