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Available

Renovated Village Home in Kritsa

Kritsa, Lasithi

€265,000

Description

Born from the union of two independent stone cottages, this property was carefully renovated in 2018 to preserve the traditional Cretan character while offering modern comfort. The original architecture has been respected throughout: exposed stone walls, vaulted ceilings, and window frames typical of the village of Kritsa. On the ground floor, you will find a bright and spacious living room, two double bedrooms, a shower room, and a laundry area. The layout is functional and welcoming, designed for a family or a group of friends. On the upper floor, the open-plan kitchen and dining area create a convivial living space. A third double bedroom completes this level, with access to two balconies offering views over the village and, in the distance, the sea. The property is fully furnished and equipped. The house benefits from reversible air conditioning, solar panels, and an electric water heater. Kritsa is one of the most authentic villages in eastern Crete, renowned for its craftsmanship and cobbled lanes, just a few kilometres from the town of Agios Nikolaos.

Features

Two cottages unified
2018 renovation
Furnished
AC
Solar
Sea views
Balconies
Traditional architecture

Rental estimate

Estimated nightly rate

60 - 0

Estimated occupancy rate

0%

Estimated annual revenue

11,000 - 0

Estimated gross yield

Net after expenses & taxes: 3.3%*

Data based on 2025 Airbnb comparables for renovated village houses with sea views in eastern Crete. Delivered furnished, turnkey.

* 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

Two unified cottages in Kritsa, renovated in 2018, furnished, with sea views — a rare turnkey product at this price. At €265,000, gross yield runs between 4.5% and 6%, equating to €11,000–16,000 annually depending on season and management. No immediate investment required: rental-ready from the first season. Village tourism is growing in eastern Crete, supporting medium-term demand. Ideal profile: buyer seeking immediate rental income from an authentic, well-positioned property.

AvailableRenovated 2018, furnished, sea views

Renovated Village Home in Kritsa

€265,000

3

bedrooms

1

bathroom

100

sqm

land: 50 sqm

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