Renovated Stone House in Lithines, South Crete
€160,000
Description
A carefully renovated stone house dating from 2007, nestled in the traditional village of Lithines in eastern Crete. The ground floor features an open living area with an integrated kitchen, fireplace, two bedrooms with built-in wardrobes, a bathroom, and a charming 5.5 sqm sun-drenched courtyard. The first floor hosts a bedroom with an ensuite bathroom and a small independent sitting area. Two balconies frame views over the mountains and village rooftops, creating a peaceful and intimate atmosphere throughout the year. The property is equipped with solar panels for hot water production, air conditioning in the main rooms, and double-glazed windows. The renovation carefully preserved original materials while integrating modern comforts throughout. Located just 10 minutes from Makri Gialos beach and 29km from Sitia airport, this house is ideally placed to enjoy the eastern Cretan coastline while living in a quiet, unspoiled village setting.
Features
Rental estimate
Estimated nightly rate
65 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
10,000 - 0 €
Estimated gross yield
Net after expenses & taxes: 4.8%*
Data based on 2025 Airbnb comparables for rural villages in eastern Crete. Lower occupancy outside peak season.
* 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 €160,000, Lithines offers one of the best price-per-sqm ratios in eastern Crete — 93 sqm in an authentic village 10 minutes from Makri Gialos beach. Rental potential is real but moderate: expect €10,000–14,000 gross annually with solid management. Renovation quality will be the key variable in reaching the upper range. This property suits a buyer looking for a base with supplementary income, not a pure yield play.
Renovated Stone House in Lithines, South Crete
€160,000
3
bedrooms
2
bathrooms
93
sqm




