Well Kept Home & Holiday Rental Business For Sale A Few Meters From Elounda Port And Amenities
€890,000
Description
Each apartment offers an open-plan kitchen and living area, along with amenities such as a hob, microwave, refrigerator, and AC inverters for efficient heating and cooling. Additionally, they feature balconies, aluminum double-glazed doors, wooden windows, doors, and shutters, as well as tiled flooring, built-in closets, and fully equipped bathrooms with showers, sinks, and toilets.
Features
Rental estimate
Estimated nightly rate
159 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
53,567 - 0 €
Estimated gross yield
Net after expenses & taxes: 4%*
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: €2967/sqm, competitive for the Lassithi region. Estimated net yield: 4.0% (gross 7.1%), attractive yield for Elounda. Based on Kairos ADR model, May-October season, 65% occupancy.
Well Kept Home & Holiday Rental Business For Sale A Few Meters From Elounda Port And Amenities
€890,000
8
bedrooms
7
bathrooms
300
sqm