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Available

Maisonette 4 bed 140 sqm with pool & sea view - Vlichadia

Vlichadia, Lassithi

€360,000

Description

Brand new maisonette of 140 sqm in Vlichadia, Agios Nikolaos, recently completed or under construction. Features 4 bedrooms, 2 bathrooms, spread over 2 levels. Key highlights: 330m from the sea, sea views, swimming pool, fireplace, garden. Modern construction with quality materials at €2571/sqm. Ideal short-term rental configuration with pool and sea views, the two most sought-after features by holidaymakers.

Features

Heating (diesel)
Pool
Fireplace
Double glazing
Internal staircase
Holiday home
Furnished
Garden
Bbq
Air conditioning
Heating
Sea view
New build

Rental estimate

Estimated nightly rate

325 - 0

Estimated occupancy rate

0%

Estimated annual revenue

59,312 - 0

Estimated gross yield

Net after expenses & taxes: 6.2%*

Estimate based on 28 Airbnb comparables in the Agios Nikolaos area (4±1 bedrooms). Adjusted median rate: €541/night. Conservative 50% occupancy (Lassithi). Net yield deducts: ~20% property management, ENFIA, maintenance, insurance, 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

This is the standout file in this batch: 4 bedrooms, 140 sqm, pool, sea views, fireplace, BBQ, 2,000 sqm plot, all at EUR 2,571/sqm, which is 20% below the Agios Nikolaos average. Vlichadia is a quiet residential area north of town, 330m from the coast. The 4-bedroom layout across 2 levels with a private garden is the most sought-after format for larger families and groups on Airbnb. Median ADR for this segment runs EUR 250-350/night in high season. Key consideration: the property is under construction, so verify delivery timelines and finishing quality. Diesel heating means running costs to factor in. Gross yield caps around 9.5% given the property profile.

Available

Maisonette 4 bed 140 sqm with pool & sea view - Vlichadia

€360,000

4

bedrooms

2

bathrooms

140

sqm

land: 2,000 sqm

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