Timeless Stone House in Prina Village
€120,000
Description
A traditional two-level stone house in the quiet village of Prina, 17km from Agios Nikolaos. The ground floor features a living room with fireplace, a functional kitchen, and a bathroom. The upper floor is entirely dedicated to the bedroom, opening onto a covered terrace with pergola and views over the Cretan countryside. The house is equipped with air conditioning and a solar water heating system. The stone walls provide natural thermal inertia, keeping the house cool in summer and easy to warm in winter thanks to the fireplace. Prina is an authentic, unspoiled village away from the tourist crowds, yet just 7km from the sea and under 20 minutes from Agios Nikolaos. Heraklion airport is reachable in under 1.5 hours (83km). This house is ideally suited as a quiet holiday home or a seasonal rental for guests seeking authenticity and nature. A rare find in its category: stone, fireplace, terrace, and views at an accessible price point.
Features
Rental estimate
Estimated nightly rate
45 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
6,000 - 0 €
Estimated gross yield
Net after expenses & taxes: 3.8%*
Data based on 2025 rural village house comparables near Agios Nikolaos. Occupancy limited by rural seasonality.
* 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 €120,000, Prina offers the lowest entry point in the eastern Crete market for a traditional stone house. Gross yield runs around 6%, but with a clear ceiling: €6,000–8,000 annually, occupancy capped at 40%. This property suits a buyer who values authenticity and price-per-sqm, not an investor seeking meaningful rental income. Long-term appreciation potential — preserved rural area close to Agios Nikolaos — is worth factoring in.
Timeless Stone House in Prina Village
€120,000
1
bedroom
1
bathroom
75
sqm