Small Maisonette For Renovation In Agios Nikolaos, Crete
€160,000
Description
Upon entry, a welcoming front porch and courtyard. The ground floor reveals a spacious living room, a separate kitchen, and a convenient WC. Additionally, an enclosed balcony offers a subtle glimpse of the sea, complemented by a small garden, perfect for tranquil moments.
Features
Rental estimate
Estimated nightly rate
76 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
25,572 - 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: €1553/sqm, competitive for the Lassithi region. Estimated post-renovation net yield: 10.0% (gross 15.0%), attractive yield for Agios Nikolaos. Excluding renovation costs.
Small Maisonette For Renovation In Agios Nikolaos, Crete
€160,000
2
bedrooms
2
bathrooms
103
sqm