Exquisite Oasis With Sea Views: 3Br Main House + 2Br Apartment, Private Pool, And Landscaped Gardens In Tranquil Plaka Village
€595,000
Description
To the left of the entrance, two double bedrooms and a bathroom with a walk-in shower await, along with a convenient storage cupboard under the staircase. Ascending to the first floor, a large picture window illuminates the small hallway leading to a balcony with breathtaking sea views.
Features
Rental estimate
Estimated nightly rate
123 - 0 €
Estimated occupancy rate
0%
Estimated annual revenue
41,285 - 0 €
Estimated gross yield
Net after expenses & taxes: 4.8%*
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: €3234/sqm, average for the Lassithi region. Private pool is a significant revenue driver on the Cretan market (+€25-40/night on average). Estimated net yield: 4.8% (gross 8.2%), attractive yield for Plaka. Based on Kairos ADR model, May-October season, 65% occupancy.
Exquisite Oasis With Sea Views: 3Br Main House + 2Br Apartment, Private Pool, And Landscaped Gardens In Tranquil Plaka Village
€595,000
5
bedrooms
3
bathrooms
184
sqm