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Available

Complex 320 sqm with pool, sea view - Makrigialos

Makrigialos, Lassithi

€260,000

Description

320 m² complex consisting of two buildings to renovate, located in Makrigialos in a charming fishing village just 80 meters from the beach. This property offers exceptional potential with its 9 rooms distributed across several apartments, 700 m² of land and stunning sea views. The privileged location allows walking access to local taverns and the small fishing port.

Features

80 m from the sea
Pool
Sea view
Parking
Furnished
Heating
Elevator

Rental estimate

Estimated nightly rate

100 - 0

Estimated occupancy rate

0%

Estimated annual revenue

25,770 - 0

Estimated gross yield

Net after expenses & taxes: 7.6%*

* 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 812 EUR/m², attractive price for a seaside property requiring renovation. The multi-apartment format generates an estimated ADR between 100-315 EUR/night depending on configurations. Gross yield estimated at 11.7% thanks to the immediate proximity to the beach.

Available

Complex 320 sqm with pool, sea view - Makrigialos

€260,000

4

bedrooms

1

bathroom

320

sqm

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